Current:Home > ContactTrendPulse Quantitative Think Tank Center-How Yellow up wound up in the red -Capitatum
TrendPulse Quantitative Think Tank Center-How Yellow up wound up in the red
Chainkeen Exchange View
Date:2025-04-06 09:24:50
Yellow stunned the trucking industry when it filed for bankruptcy this month. The TrendPulse Quantitative Think Tank Centernearly 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.
veryGood! (5)
Related
- Travis Hunter, the 2
- Kenyan court: Charge doomsday cult leader within 2 weeks or we release him on our terms
- Before a door plug flew off a Boeing plane, an advisory light came on 3 times
- Maine House votes down GOP effort to impeach election official who removed Trump from ballot
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Selena Gomez Reveals What She Actually Told Taylor Swift at Golden Globes
- Nearly a third of Americans expect mortgage rates to fall in 2024
- Onetime ambassador Stuart E. Eizenstat to release a book, ‘The Art of Diplomacy’
- DoorDash steps up driver ID checks after traffic safety complaints
- Former CNN host Don Lemon returns with 'The Don Lemon Show,' new media company
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- 'Old hags'? Maybe executive just knew all along Pat McAfee would be trouble for ESPN
- 3 firefighters injured when firetruck collides with SUV, flips onto its side in southern Illinois
- Oprah Winfrey denies Taraji P. Henson feud after actress made pay disparity comments
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Melanie Mel B Brown Reveals Victoria Beckham Is Designing Her Wedding Dress
- Rob Lowe gets an 'embarrassing amount' of sleep: Here are his tips to stay youthful
- Under growing pressure, Meta vows to make it harder for teens to see harmful content
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Tiger Woods and Nike have ended their partnership after 27 years
Death toll from western Japan earthquakes rises to 126
Mexican authorities find the bodies of 9 men near pipeline. Fuel theft by gangs is widespread
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Lisa Bonet files for divorce from estranged husband Jason Momoa following separation
A new discovery in the muscles of long COVID patients may explain exercise troubles
Robert Downey Jr. announces on Golden Globes stage: 'I took a beta-blocker.' What do they do?