Yellow stunned the trucking industry when it filed for bankruptcy this month. The nearly 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.
2025-04-20 09:241027 view
2025-04-20 09:22389 view
2025-04-20 09:182485 view
2025-04-20 09:162640 view
2025-04-20 08:552225 view
2025-04-20 08:442287 view
Costco got off to a good start this holiday shopping season as the retailer racked up increased sale
Sylvester Stallone is mourning over the loss of his "Rocky" co-star and one-time screen opponent Car
Nothing else matters aside from Phoebe Bridgers and Bo Burnham's appearance at the 2024 Grammys.The