Yellow facing crippling strike action

One of the United States’ largest freight carriers is trying to prevent labour action with nervous clients turning to rival companies.

Yellow, which provides services to some of the biggest retailers and manufacturers in the country, has been in the grips of financial strife, with looming strikes adding to its woes and threatening its survival.

The Teamsters union has warned it could strike soon after Yellow missed a healthcare and pension payment deadline that threatened to cut off benefits to many of its 22,000 workers.

The company filed a request this week in federal court for a temporary restraining order to prevent the strike.

In other news, a FedEx appointment is part of  a finance shakeup.


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