The Yellow bankruptcy represents one of the biggest industry shakeups of the past two decades. Remaining less-than-truckload carriers and shippers alike continue to feel the impacts of the company’s shutdown.
“What that is creating is a massive void in the LTL markets,” R2 Logistics SVP of LTL Operations Frank Dreischarf said. “YRC, by some estimates, handled up to 15% of the overall market share of LTL transpiring in the United States.”
Yellow operated largely within the retail industry. As...
https://www.freightwaves.com/news/shippers-buoyed-by-strong-3pl-carrier-partnerships-amid-ltl-crunch
