Last-Minute Bid Would Seek to Revive Collapsed Trucker Yellow

[Shakey]

Last-Minute Bid Would Seek to Revive Collapsed Trucker Yellow

Jack Cooper Transport, a specialized operator that hauls automobiles for carmakers, plans to submit a bid backed by $1 billion in financing and support from the Teamsters union and some U.S. lawmakers that would halt the liquidation of trucking giant Yellow and seek to resurrect the shuttered...

www.wsj.com

 

[Shakey]

“It’s not like the patient is in the ICU,” said Satish Jindel, president of SJ Consulting Group, a freight transport industry research and consulting firm. “The patient is dead.”

 

[Igor Galanter]

JCT is trying to get a big fish it can not swallow on his own.. Another problem is right there arising, eh..