Bailout of Trucking Company YRC, Near Bankruptcy Before Covid-19, Ripped by Congressional Watchdog by Wolf Richter • Jul 21, 2020 • 69 Comments It wants to know: Why was YRC even bailed out? And why was the taxpayer put at so much risk? What’s going on here?
First the Freight Recession, Now Covid-19: Trucking & Rail Freight Collapses. Is This the Bottom? by Wolf Richter • May 13, 2020 • 55 Comments YRC, one of the largest less-than-truckload carriers, wheezes under the strain.