The Congressional Oversight Commission is questioning a $700 million loan that Yellow Corp. (then-YRC Worldwide) received last year under the CARES Act. A report released in late April notes that the commission’s role is to…
The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…
Federal investigators have charged a reality TV star and owner of a trucking company with bank fraud and money laundering, alleging he misused funds meant to help small businesses stay afloat during the COVID-19 pandemic…
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