Yellow Corporation
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News
Yellow posts Q1 loss as costs jump
Less-than-truckload carrier Yellow Corp. reported a sizable first-quarter loss Wednesday as weather, increased purchased transportation expense and a lack of gains on real estate sales…
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News
Saia to add more than 500 drivers and 300 dockworkers
Less-than-truckload carrier Saia announced Tuesday it was hiring more than 500 drivers and 300 dockworkers.
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News
Oversight panel says Yellow increased lobbying efforts ahead of $700M loan
The latest report from the congressional oversight commission monitoring COVID relief loans shows Yellow Corp. may not have been as “critical to maintaining national security”…
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Company earnings
Flush with new models, PACCAR posts strong first-quarter financial results
PACCAR puts up strong Q1 numbers, including record parts sales that suggest the new truck backlog is boosting aftermarket sales.
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News
Yellow takes delivery of 1,200 tractors as part of Treasury relief loan
Less-than-truckload carrier Yellow announced it is taking delivery of the next wave of equipment, which has been facilitated by the CARES Act loan it received…
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Legal issues
YRC/Yellow agrees to ‘immaterial’ $2.1M settlement in investor suit over DoD overcharges action
The Defense Department lawsuit from 2018 is continuing even as the federal government has taken a stake in the LTL carrier.
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News
Saia adds 20th facility in the Northeast
Less-than-truckload carrier Saia announces the addition of its 20th facility in the Northeast in just the last four years. The LTL market continues to garner…
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News
Yellow logs February tonnage decline; LTL recovery appears intact
Less-than-truckload carrier Yellow Corp., like other LTLs, reports a weather-related falloff in February trends. However, industrial data continues to suggest this LTL freight recovery has…
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News
Trucking boom prompts Old Dominion to add 1,200 drivers and dockworkers
Old Dominion Freight Line said Thursday it would add 800 drivers and more than 400 dockworkers and clerical personnel to meet “robust freight demand.”
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Online Haul of Fame
FreightWaves Haul of Fame: Jevic Transportation did well for a time…
Jevic Transportation started fast and did well for a time. Read about its history in this installment of FreightWaves Haul of Fame.
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