Yellow Corp (PK:YELLQ)
Business Focus: Freight Trucking
| Sector: Industrials | Industry: Ground Freight & Logistics |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 10990 Roe Avenue OVERLAND PARK KS 66211 |
| Tel: | 1-913-6966108 |
| Website: | https://www.myyellow.com |
| IR: | See website |
| Key People | ||
| Darrel J. Harris President, Chief Operating Officer | Darren D. Hawkins Chief Executive Officer, Director | Daniel L. Olivier Chief Financial Officer |
| Leah K. Dawson Executive Vice President, General Counsel, Company Secretary | Annlea Rumfola Chief Information Officer | Jason William Bergman Chief Commercial Officer | Matthew A. Doheny Chief Restructuring Officer |
| Business Overview |
| Yellow Corporation is a holding company. The Company, through its subsidiaries, offers customers a range of transportation services. The Company has logistics and less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. The Company offers a full range of services for the transportation of industrial, commercial and retail goods, primarily through the operation of owned or leased equipment in its North American ground distribution network. The Company's transportation services are provided for various categories of goods, which may include (among others) apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood and other manufactured products or components. The Company provides both LTL services, which combine shipments from multiple customers on a single trailer, and truckload services. |
| Financial Overview |
| For the six months ended 30 June 2023, Yellow Corp revenues decreased 15% to $2.29B. Net loss totaled $69.3M vs. income of $32.5M. Revenues reflect LTL revenue segment decrease of 14% to $2.08B, Other revenue segment decrease of 23% to $208.2M. Net loss reflects Interest expense increase of 25% to $94.8M (expense), Non-union pension and postretirement ben decrease from $900K (income) to $2.3M (expense). |
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