• ITVI.USA
    15,913.180
    -35.240
    -0.2%
  • OTLT.USA
    2.793
    -0.005
    -0.2%
  • OTRI.USA
    22.300
    0.290
    1.3%
  • OTVI.USA
    15,900.990
    -35.610
    -0.2%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,913.180
    -35.240
    -0.2%
  • OTLT.USA
    2.793
    -0.005
    -0.2%
  • OTRI.USA
    22.300
    0.290
    1.3%
  • OTVI.USA
    15,900.990
    -35.610
    -0.2%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
American Shipper

YELLOW CORP. SAYS 1ST-QUARTER PROFITS BELOW ANALYSTS? ESTIMATES

YELLOW CORP. SAYS 1ST-QUARTER PROFITS BELOW ANALYSTSÆ ESTIMATES

   Yellow Corp. said its first-quarter estimates will be below Wall Street earnings estimates, due to an economic slowdown and severe winter weather in February and March.

   The Overland Park, Kan.-based company anticipates no growth in earnings, after expecting year-to-year growth of 3.0 percent compared to 6.3 percent in the first quarter of 2000.

   “We will still be solidly profitable for the quarter, before previously disclosed unusual items even though our tonnage is expected to be down more than 10 percent from levels in the 2000 first quarter and our earnings will be significantly below earlier estimates,” said Bill Zollars, chairman, president and chief executive officer of Yellow Corp. “We are encouraged that pricing yields remain very strong. The firm pricing environment and our aggressive cost management means that with just a modest improvement in the economy, we will be well positioned to continue steadily improving our profitability.”

   The company said it still anticipates adding at least 50 additional sales account managers in 2001.

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