Rumors are swirling that trucking company Yellow (NASDAQ: YELL) could end up in bankruptcy, and investors are already trying to pick winners assuming it does. Shares of XPO (NYSE: XPO) gained 25.7% in June, according to data provided by S&P Global Market Intelligence, with most of that move occurring in the final days of the month as the Yellow talk gained steam.

Trucking and transportation company Yellow is in the middle of a multiyear restructuring, and things have not been going well of late. In recent weeks the company sued the International Brotherhood of Teamsters, claiming the union is violating contract terms in such a way that is holding the company back.

The Teamsters deny the allegations, but Wall Street was more focused on the back-and-forth between the two sides. Teamsters union president Sean O'Brien was quoted in the media saying he was told Yellow had only six weeks of liquidity left, meaning the company could end up in bankruptcy.

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Source Fool.com