Emails suggest possible Teamsters support drove Trump to back Yellow’s $700M loan

Yellow Corp. double tractor trailer truck

Emails obtained by congressional watchdogs suggest that former President Donald Trump and his aides may have pushed for a $700 million federal loan to LTL carrier YRC Worldwide Inc. to gain support from the Teamsters in the run-up to the 2020 election.

The new details are included in a report issued on Wednesday by Democrats on the House Select Subcommittee on the Coronavirus Crisis. It is part of the panel’s investigation into the legality of a national security loan issued by the Trump...

https://www.freightwaves.com/news/emails-suggest-possible-teamsters-support-drove-trump-to-back-yellows-700m-loan

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon