New Offer Seeks to Revive Collapsed Trucker Yellow

null By Paul BergerNov. 29, 2023 5:26 pm ETYellow was the third-largest carrier in trucking’s less-than-truckload sector, in which freight from multiple customers is combined in a single trailer. Photo: Charlie Riedel/Associated PressBankrupt trucker Yellow is considering an offer to revive the carrier and rehire thousands of its former workers as it weighs competing bids at a court-supervised auction that would disperse its nationwide network of truck terminals to rivals.Sarah Riggs Amico, executive chair of auto carrier Jack Cooper Transport, is leading a bid that would replace Yellow, which shut down over the summer, with a smaller, leaner trucking company that aims to win back some of the billions of dollars worth of freight business that has shifted to a range of other carriers.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Sponsored OffersAT&T: AT&T waived activation and upgrade fees for AARP membersWalmart: Walmart Promo Code - $