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Yellow hiring 1,500 drivers, opening 12 schools

Company evaluating additional locations for driver academies

Yellow swung to the operating black in Q2 (Photo: Jim Allen/FreightWaves)

As the trucking industry continues to grapple with a lack of qualified drivers to meet elevated demand, less-than-truckload provider Yellow Corp. (NASDAQ: YELL), formerly YRC Worldwide, announced Monday it would add 1,500 drivers and open 12 new driver academies.

The press release from the Overland Park, Kansas-based carrier pointed to the American Trucking Associations’ estimate that the industry is short 60,000 drivers as evidence of the need for a hiring blitz. The pandemic has reduced the number of CDL graduates by roughly 40%, and the Drug & Alcohol Clearinghouse sidelined roughly 56,000 drivers last year.

Transportation employment remains below pre-COVID levels while sectors competing in the same labor pool, like construction, have seen demand surge as well.

“At a time when many Americans are looking to start a new career, Yellow is in hire mode. These are good jobs with competitive benefits in a community near you,” Yellow CEO Darren Hawkins said in a recent interview on the Fox Business Network. “Our number one asset is our 30,000 professionals.”

The Yellow network currently has approximately 16,000 drivers.

In addition to the direct driver hiring campaign, the company will take on CDL candidates at one of its 12 new academies across the nation. Those facilities will provide classroom instruction and in-cab skills training by some of the carrier’s longest-tenured drivers.

The new locations include Charlotte, North Carolina; Cleveland; Denver; Fort Worth, Texas; Hagerstown, Maryland; Indianapolis; Memphis and Nashville, Tennessee; Maybrook, New York; Portland, Oregon; and Pico Rivera and Tracy, California.

The release said Yellow is evaluating other locations and plans to open the schools this spring.

A spokesperson with the company said driver applications have been strong even with the recent stretch of inclement weather.

The recent rebrand back to the Yellow name is part of the company’s restructuring, which has streamlined the organization and will consolidate its five separate operating companies onto the same network. The turnaround received a big boost from a $700 million Treasury loan, $400 million of which is being used to replace the company’s older fleet, thereby lowering associated operating expenses.

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  1. Fred morris

    Hahaha to funny
    Work out of the union hall for an all but dead company. Forget about pensions that’s bankrupt..hump freight on a open air crap take crap from overweight d.a .suffering thru until they can retire.
    Work weekends holidays nights.
    Look around the terminal see and watch works there.
    Best of all. You get to hope and pray for continued government bailout.
    Better off with another plan .trust me

    1. bill

      fred, union companies don’t work on weekends or holidays.. oh yeah you forgot the completely free healthcare benefit? what are you paying for healthcare fred?? 150 a week? 200??

      1. AJ

        Well Bill….
        My father worked for Yellow since 1981.
        I’ve worked for Yellow as-well…
        Plenty of weekends worked. Penty of holidays worked.
        Yellow shoud of never bought out Roadway. Ruined 2 companies. They have stopped paying into pension.
        No more BAIL-OUTS !!!!!!! Let them BURN

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Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.