Ninety-three percent of the workers in the warehousing/storage industry reported they were paid hourly while an additional 12% said they had to take on another job.
The remaining Yellow Corp properties are expected to be sold for hundreds of millions of dollars over the coming months, said a person familiar with the process.
The Cheongju, South Korea-based firm inked a contract December 1 with Samsung to supply cathode-active materials worth 43.8 trillion won ($33.5 billion) between 2024 and 2028.