OP trucking company got $700M federal loan over Pentagon objections, House report says

Yellow

Yellow Corp. is seeking to sublease its old office building at 109th Street and Roe Avenue in Overland Park after moving its headquarters to Nashville, Tennessee earlier this year. Photo credit Carlos Moreno/KCUR 89.3.

By Steve Vockrodt, Dan Margolies

Acting over the objections of the Defense Department, the Trump administration made sure cash-strapped Kansas trucking company Yellow Corp. received a $700 million loan from the federal government in 2020, according to a House subcommittee report released on Wednesday.