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...A few weeks ago, there was an outcry after Apollo Global Management offered Yellow Corporation, the recently bankrupt trucking company, a $142.5mn DIP loan that came with a fee as high as $32mn....
...According to the American Trucking Associations, 97 per cent of trucking companies run 20 trucks or fewer....
...YRC Worldwide , a trucking company, fell 26.2 per cent to $12.62 over the period after Fitch Ratings cut its debt to junk....
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