Trucking Company Yellow Lays off Workers, Blames Teamsters Union for Financial Turmoil

Yellow (NASDAQ: YELL), the third-largest less-than-truckload company, which is currently under financial turmoil, has announced layoffs of an undisclosed number of office employees. Yellow, based in Nashville, Tennessee, has a 99-year history and employs around 30,000 workers. Of these, approximately 22,000 are represented by the Teamsters union. This decision, revealed in voice-only calls, predominantly affected … Continue reading Trucking Company Yellow Lays off Workers, Blames Teamsters Union for Financial Turmoil