Truck Parking Club hits major milestone with 1,000 property locations across 46 states, providing 24,000 parking spaces for truckers nationwide. CEO Evan Shelley shares the company's journey and ambitious plans for expansion.
Yellow Corp. announced plans to sell its logistics unit, Yellow Logistics Inc., while concurrently struggling to negotiate with unions representing its less-than-truckload carrier segment. While no details about potential buyers or the unit's revenue were disclosed, it has been highlighted as one of the fastest-growing 3PLs in the industry. Meanwhile, ongoing labor disputes threaten Yellow Corp.'s financial stability, as it faces debt restructuring requirements and allegations of deliberately withholding contribution payments for employee benefits. These issues, alongside a potential strike, have raised concerns about the company's potential bankruptcy.
Yellow Logistics, a Third-Party Logistics Broker and Subsidiary of Yellow Corporation, Flourishes as Shippers and Vendors Turn to 3PL Logistics Providers$yell will sell it to pay the debts
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
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