Why Yellow Trucking Corporation Went Bankrupt
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- Опубліковано 8 сер 2023
- Why Did Yellow Corporation Go Bankrupt? | The Rise and Fall of a Trucking Titan On July 31st, 2023, the trucking industry was shaken by the collapse of the Yellow Corporation. But what led to the bankruptcy of a company that played such a crucial role in keeping store shelves stocked? In today's deep dive, we uncover the history of Yellow, from its beginnings as a novelty cab service to its peak as a dominant player in the trucking industry, and, ultimately, its fall from grace. Dive into the intricate world of business strategy, economies of scale, and the effects of debt as we break down the critical lessons to learn from Yellow’s story. Whether you're a student, entrepreneur, business owner, or just curious, join us in this engaging journey into the business world. But before we get started, if you enjoy in-depth content like this, show some love by liking and subscribing. Let's unfold the story of Yellow!
Born and raised in TN, I was really surprised to hear about Yellow's bankruptcy
Excellent research. Your degree in Business Strategy really shows.
Great discussion of the history of Yellow. I love the old black and white videos. Your research is amazing.
Thank you, it was fun to see the old videos
They bought two big trucking companies without having the cash 😊
Apollo Capital could have taken the same percentage haircut that the workforce (union and nonunion) agreed to take. The banks didn’t want to save the company.
Yellow's jobs were really cushy ones because the drivers normally could be home every night rather than on the road for weeks at a time. While demand for drivers is strong, jobs like Yellow offered are much harder to obtain.
the office workers, dock workers, and mechanics take issue with your statement
Could Yellow have sold their unintegrated companies or were they also unprofitable?
There is an old saying,
When your income is less than your outflow, your upkeep is your down fall
They were all either unprofitable or barely breaking even, I don't think they would have been able to get much for selling the unintegrated companies.
lmao, look at how much debt Yellow was allowed to get itself into for 20 yrs.
When Wall St siphons off money for 20 yrs and NEVER PAYS DOWN ITS DEBT, this is the outcome.
Yellow freight could have menagerie the company s or got rid of some of it property