"Yellow's Financial Woes: Analysts Weigh in on Possible Bankruptcy"
Yellow Corp, the third-largest less-than-truckload carrier in the US, is facing financial difficulties and has filed a $137 million lawsuit against the Teamsters union, accusing them of blocking proposed operational changes. The company has also asked to delay contribution payments and sought help from the White House, but its cash is expected to be depleted by mid-July. Industry analysts predict that if Yellow fails, union carriers like ABF Freight and TForce Freight could benefit the most, while competitors like Old Dominion and Saia may see significant earnings accretion. Yellow's struggles have already resulted in a decline in tonnage and customers seeking alternative transportation options.