▲ 612 ▼ After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down (www.nytimes.com) submitted 3 years ago by fne8w2ah@lemmy.world to c/news@lemmy.world 136 comments fedilink hide all child comments
[–] Desistance@lemmy.world 7 points 3 years ago (1 child) Gotta be a special kind of incompetent to crumble in a booming economic period. permalink fedilink source hideshow 2 child comments replies: [–] Buelldozer@lemmy.world -3 points 3 years ago Gotta be a special kind of incompetent to crumble in a booming economic period. Yellow has been horribly mismanaged for at least two decades. They should have died long ago and in any environment but one that's literally awash with money looking for investment opportunities they would have. For structural reasons IC is drying up so we're going to see a lot more badly run and unprofitable companies going belly up. This is a trend that's already started and its just going to pick up speed from here. permalink fedilink source parent
[–] Buelldozer@lemmy.world -3 points 3 years ago Gotta be a special kind of incompetent to crumble in a booming economic period. Yellow has been horribly mismanaged for at least two decades. They should have died long ago and in any environment but one that's literally awash with money looking for investment opportunities they would have. For structural reasons IC is drying up so we're going to see a lot more badly run and unprofitable companies going belly up. This is a trend that's already started and its just going to pick up speed from here. permalink fedilink source parent