30,000 trucking jobs fut

[kakatiya]

Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs.

The closure is the biggest in terms of

[sarfaroshi]

Just now, kakatiya said:

Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs.

The closure is the biggest in terms of

Khalistani edvalaki manchiga indi

[veerigadu]

Trucking problems + fuel prices = more  Inflation 

[r2d2]

"Yellow received a $700 million loan from the government in 2020 as part of a COVID-19 rescue package. In return, the Treasury Department took a 30% stake in the company's shares, which have since plummeted to less than a dollar apiece as of Friday."

[kakatiya]

100 year old company 

[KothaKurrodu]

Ipudu anni groceries prices peruguthuya

[Kootami]

42 minutes ago, kakatiya said:

Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs.

The closure is the biggest in terms of

Varni malli wood rates will go up which will inturn cost more to build a house so automatic ga house prices peruguthaye .

[bharathicement]

1 hour ago, Kootami said:

Varni malli wood rates will go up which will inturn cost more to build a house so automatic ga house prices peruguthaye .

Competitors vuntaaru gaa..

vaallu cover cheesthaaru le bro.

[Kootami]

5 minutes ago, bharathicement said:

Competitors vuntaaru gaa..

vaallu cover cheesthaaru le bro.

They should have extra 30,000 trucks to drive

[chammakchandra]

2 hours ago, kakatiya said:

Trucking giant Yellow collapsed on Sunday, ceasing operations immediately and leaving some 30,000 workers without jobs.

The closure is the biggest in terms of

Govt will take bail then don’t worry .. free public money 

[Jindal]

2 hours ago, sarfaroshi said:

Khalistani edvalaki manchiga indi

arey em manushulu ra meeru vallu evaro item panulu chesthe motham andarini generalize chesi pichi vaagudu vaagukunta, malla me mohalaki us bathuku enduku ra? kanesam empathy leni jeevitalu. chi siggu unte malla ituvanti dikkumalina comments pettaku.

[Paamu]

I am afraid how many more companies are on same track.  During Covid every Tom and Dick got a truck job and made good money with low/bad skills( not trained well).  Mana db lo kooda discussed about how much the truck drivers made. Increased labor costs, fuel prices must be one of the major reasons for collapse. 

[kakatiya]

Worst part..the truckers who been working for  22 years lost their pension money as well

[csrcsr]

3 minutes ago, kakatiya said:

Worst part..the truckers who been working for  22 years lost their pension money as well

Why their pension will be lost ??? It will be in some retirement account AFAIK, never thought company bankruptcy has impact on retirement account may be company will not contribute from now

[pandu123b]

this will have very big ripple effect, imo