Teamsters Take Action - Yellow Freight
Email your Senators today and urge them to support corporate bankruptcy reform!
The Teamsters Union is calling on the federal government to reform corporate bankruptcy laws following Yellow Corp.’s filing for Chapter 11. The freight company’s closure leaves 22,000 Teamster members without work despite union members at Yellow giving back more than $5 billion in wages and benefits since 2009.
In addition to being routinely rescued by its Teamsters workforce, Yellow still owes hundreds of millions of dollars to the federal government in bailout money.
Corporate bankruptcy legislation in the U.S. is a joke. The rules are written to favor corporations in this country, not working people. Mismanaged companies like Yellow should not be able to avoid accountability by simply filing for bankruptcy.