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The Nashville-based company did not respond to a request for comment.
Formerly YRC freight, Yellow is a less-than-truckload shipper, which transports relatively small loads. It is the third-largest company in this category, having delivered more than 14 million shipments in 2022.
Earlier this month, the union and the company averted a strike tied to health-care benefits, yet the threat spooked customers and prompted a significant drop in business. That came as a blow to the company, which has not been able to refinance $1.3 billion debt.
The shutdown comes three years after the Trump administration gave the company a $700 million covid-relief loan, which a congressional report released in June said had been the result of “missteps.”
This is a developing story and will be updated.
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