Yellow Ceases Operations
Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.
Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
Yellow Says Discussions With Teamsters Ongoing
Less-than-truckload carrier Yellow Corp. said it continues to negotiate with union leaders as the future of the company, which has been in operation for nearly 100 years, may be in jeopardy.
Teamsters Halt Yellow Strike Plan After Benefits Extended
An agreement between the Teamsters and Central States Funds averts, for now, a strike that could have begun as soon as July 24 against Yellow Corp.
Yellow Gains Financial Targets Waiver
Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.
Yellow Sues Teamsters, Alleging Breach of Contract
Yellow Corp. filed suit June 27 against the Teamsters union and certain affiliates alleging breach of contract and accusing the union of causing more than $137 million in damages.
Transportation Labor Gets Biden Administration Attention
Transportation leaders from government and industry are closely watching labor negotiations, including pending contracts with workers from both UPS Inc. and Yellow Corp.
Yellow Reports Q1 Loss
Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.
Yellow Posts Rise in Revenue, Decline in Earnings for Q3
Yellow Corp. increased revenue but earnings declined during the third quarter, the company reported Nov. 2.
LTL Carrier Yellow Reports Strong Q2 Earnings
Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.