REUTERS reports:
One of the largest U.S. privately owned auto transport companies is quietly mounting a long-shot bid – with increasing interest from the Biden administration – to rescue trucking giant Yellow Corp (YELLQ.PK) from bankruptcy liquidation and bring back some 30,000 union jobs, according to multiple sources familiar with the discussions.
The previously unreported effort by Jack Cooper Transport, a trucking company that counts General Motors (GM.N), Ford (F.N) and Stellantis (STLAM.MI) as its main customers, has …
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