The trucking company Yellow filed for bankruptcy in July after struggling for years with mounting debts and slim profit margins. The video below looks at how this low-cost carrier butted heads with unions while also failing to integrate acquisitions into its existing business, leading to the collapse of this century-old company.
Questions:
- What are some factors that led Yellow to declare bankruptcy last month?
- Why is it difficult for low-cost carriers like Yellow to operate in the competitive trucking industry?
