Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.
Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.
Despite filing for bankruptcy, it will be “business as usual” for Jack Cooper Ventures Inc.
Four hundred twenty-five union workers at the Ford Truck Plant in Louisville, Ky., who were told Feb. 20 they were being laid off April 21, will not be out of work, according to a Teamsters union leader who spoke with Transport Topics.
Jack Cooper Holdings has acquired the assets of Seattle-based Selland Auto Transport, a move that extends the car hauler’s presence in the western United States and provides more balance to the firm’s delivery network.
Sarah Riggs Amico, executive chairman of car-hauling company Jack Cooper Holdings Corp., formally announced her candidacy for lieutenant governor of Georgia, running as a Democrat.December 11, 2017
Jack Cooper Holdings Corp., the 87-year-old transporter of cars and light trucks, is preparing to haul more vehicles as rail delays cause automakers in the United States to seek alternatives.