Yellow Shuts Down Trucking Operations Amid Debt Woes

Yellow Shuts Down Trucking Operations Amid Debt Woes

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic context and political implications surrounding Yellow's business challenges. It highlights the labor market conditions, with a focus on trucking jobs, and explores Yellow's financial struggles due to unionized acquisitions. The discussion also touches on the political ramifications for the Trump administration regarding a loan given to Yellow.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason Yellow's business plan was frozen?

Technological issues

Market competition

Lack of government support

Union intransigence

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount of the loan Yellow received under the Trump administration?

$1.5 billion

$1 billion

$700 million

$500 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many trucking jobs were reported open according to the last JOLTS report?

750,000

600,000

300,000

450,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of company is Yellow described as?

Freight forwarding company

Full truckload company

Less than truckload company

Parcel delivery company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial issue did Yellow face due to acquiring other companies?

Increased competition

Regulatory fines

Higher union wages and costs

Technological obsolescence