One of the nation's largest trucking companies "shuts down operations," will file bankruptcy

If you're an adult, you've probably heard of Yellow Trucking Co.  It's one of the nation’s largest trucking companies, founded 99 years ago, with over $5.2 billion in revenue last year.

The Wall Street Journal says it's shutting down regular operations today in anticipation of declaring bankruptcy.

But don't worry, citizen (not that you were): ev'ryt'ing jus' fine, mon!  Dis mean nothing!  Economy booming!  Seriously!

See, company took on lotsa debt to buy up competitors, an' duh debt plus union rules done ate 'em up.  But don' worry, dis not happenin' nowheah else.  Nope nope nope!  Dis beez duh only company been doin' dat.

So, bottom line of dis story: Economy boomin', citizen!  Good time to buy stocks, and homes, an' a new EV!  An' hire mo' pipo!  Cuz duh economy beez BOOMIN', citizen!

Source

https://www.wsj.com/articles/trucker-yellow-lays-off-a-swath-of-workforce-2297e8b2?siteid=yhoof2