RumRunner1
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But it is not clear whether there would be much room left for a resurrected Yellow. Trucking experts say the market is gradually coping with the loss of the company, which once accounted for roughly 12 percent of drivers in the less-than-truckload sector. Mr. Vise, the trucking analyst, said Yellow’s exit had pushed trucking rates higher as customers scrambled to find other carriers. But he expects the sector to heal soon.
“Yellow’s shutdown did not seriously disrupt the less-than-truckload market,” he said.
A correction was made on
Nov. 28, 2023
:
An earlier version of this article referred incorrectly to the initial step in a bid for Yellow led by Sarah Riggs Amico. The bid was submitted to the company, not to the bankruptcy court.
“Yellow’s shutdown did not seriously disrupt the less-than-truckload market,” he said.
A correction was made on
Nov. 28, 2023
:
An earlier version of this article referred incorrectly to the initial step in a bid for Yellow led by Sarah Riggs Amico. The bid was submitted to the company, not to the bankruptcy court.