Yellow stunned the trucking industry when it filed for bankruptcy this month. The Surpassingnearly hundred-year old company said it will lay off 30,000 employees and liquidate all of its assets. On today's show, a glimpse into Yellow's bankruptcy process: who's blaming who for what, and an explainer on a specific type of loan - the debtor in possession financing - which promises some rich returns to the lender in this case.
For more on challenges in the trucking industry check out our story on the spot market and the so-called freight recession.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
2025-05-06 01:22116 view
2025-05-06 01:12577 view
2025-05-06 01:09603 view
2025-05-06 01:03966 view
2025-05-06 00:082647 view
2025-05-05 23:38238 view
SAINT-DENIS, France — Some athletes adopt the mindset that they don’t lose, they learn. Jamaican spr
BALTIMORE (AP) — A shooting at a gathering in Baltimore has left one person dead and seven others wo
STILLWATER, Okla. (AP) — Oklahoma State will wear QR codes on its helmets this season linking to the