Yellow | Yellow’s turnaround moves forward; Q4 ahead of forecasts

Freightmaster1

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Yellow’s restructuring includes collapsing all of its separate carriers into one super-regional carrier operating on the same tech platform. The changes are expected to remove redundancy across operations, including the linehaul routes.

:hyper:
 
The company ended the year with $359 million in available liquidity, an $81 million year-over-year reduction. Outstanding debt increased $331 million to $1.62 billion as it purchased equipment and bought out leases. :heykoolaid: So less Liquidity and more Debt ?? Drink up the :heykoolaid: p.s. saying they bought out leases ??? They still own well over 15% on the Clarence terminal lease $$
 
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