Yellow stunned the trucking industry when it filed for bankruptcy this month. The Thurston Cartenearly 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.
2025-05-03 17:391759 view
2025-05-03 17:332480 view
2025-05-03 16:442245 view
2025-05-03 15:402792 view
2025-05-03 15:262512 view
2025-05-03 15:001110 view
Parker has been trying to find her place in the banjo world. So this week, she talks to Black banjo
SHREVEPORT, La. (AP) — Unusually high concentrations of the mineral manganese are discoloring the dr
Whoopi Goldberg has always been after the laughs. Indeed, the comedian (real name Caryn Johnson) rec