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Exhibit 99.1

 

 

 

 

10990 Roe Avenue

Overland Park, KS 66211

Phone 913 696 6108 Fax 913 696 6116

 

News Release

  

 

 

 

Yellow Corporation Provides Quarter-To-Date Operating Data for First Quarter 2021

OVERLAND PARK, Kan., March 8, 2021 — Yellow Corporation (NASDAQ: YELL) reported certain operating metrics for the first two months of first quarter 2021.

For Yellow less-than-truckload (LTL), the percent change 2021 from 2020:

 

 

 

Shipments per Day

 

 

Weight per Shipment

 

 

Tonnage per Workday

 

 

Revenue per Hundredweight (a)

 

 

Revenue per Shipment (a)

 

January

 

 

2.0

%

 

 

0.5

%

 

 

2.5

%

 

 

1.8

%

 

 

2.3

%

February

 

 

(4.8

)%

 

 

(0.8

)%

 

 

(5.5

)%

 

 

6.3

%

 

 

5.5

%

QTD

 

 

(1.4

)%

 

 

(0.1

)%

 

 

(1.5

)%

 

 

4.0

%

 

 

3.9

%

 

(a)

Includes fuel surcharge

The February operating data includes the impact from extreme winter weather that affected much of the United States. The impact to the Company included 215 terminals that were either closed or had limited operations for some period during February. Nearly all of the terminals impacted have returned to their normal operations.    

About Yellow Corporation

Yellow Corporation has one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities. Through our teams of experienced service professionals, Yellow Corporation offers industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial, and retail goods with confidence. Yellow Corporation, headquartered in Overland Park, Kan., is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company HNRY Logistics.

Please visit our website at www.myyellow.com for more information.

Investor Contact: Tony Carreño

913-696-6108

investor@myyellow.com

Media Contact:    Mike Kelley

913-696-6121

mike.kelley@myellow.com

SOURCE: Yellow Corporation