Analysis

Chapter 11 Check-In: Yellow Corp.'s $1.5B Bankruptcy

By Clara Geoghegan · August 23, 2024, 6:18 PM EDT

It's been more than a year since national trucking giant Yellow Corp. landed in Delaware's bankruptcy court following contentious union negotiations. Despite pulling in over $2 billion from asset sales and...

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Bankruptcy Scorecard

Summary

Trucking company Yellow Corp. hit bankruptcy on Aug. 6 with roughly $1.2 billion in secured debt amid a dispute with the International Brotherhood of Teamsters over Yellow’s restructuring efforts.

Case Number

1:23-bk-11069

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Related Sections

Case Information

Case Title

Yellow Corporation et al v. International Brotherhood of Teamsters et al

Case Number

6:23-cv-01131

Court

Kansas

Nature of Suit

Contract: Other

Date Filed

June 27, 2023

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023

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