Shares of Yellow Corp. plummeted Tuesday as a lawsuit against Teamsters revealed the company’s options are dwindling and it will be out of cash in a few weeks.
Less-than-truckload carrier Yellow Corp. has asked pension and health and welfare fund plan administrators for a two-month extension.
The latest exchange between the Teamsters union and Yellow Corp. suggests the carrier is running out of time and money.
Less-than-truckload carrier Yellow reported another large drop in volumes Friday after the market closed.
Yellow and the Teamsters appear to be moving further apart on reaching a deal anytime soon.
Less-than-truckload carrier Yellow Corp. sees its credit ratings fall further as it attempts to hash out a deal with the Teamsters.
In this edition: Earnings season highlights, the rise in flatbed demand and Roadcheck starts Wednesday.
Less-than-truckload carrier Yellow Corp. recorded a net loss during the first quarter as it attempts to overhaul its network.
Yellow Corp. has approved the Teamsters’ selection to the company’s board of directors.
Yellow confirms that it has asked the Teamsters to open up the National Master Freight Agreement a year early as talks around proposed network changes have stalled.
Yellow Corp. calls out Teamsters union officials for negotiating in bad faith and says it has the votes to push through its proposed operational changes.
The Teamsters union fires another shot at Yellow Corp. in a battle over proposed changes to operations.
The Teamsters union said Thursday it has rejected less-than-truckload carrier Yellow Corp.’s plan to restructure operations at more than 200 terminals.
After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.
The Teamsters union says it wants more details before agreeing to any of less-than-truckload carrier Yellow’s operational changes.
Less-than-truckload carrier Yellow reported another large decline in volume leading to a fourth-quarter loss.
Los analistas cuestionan la estrategia de rentabilidad a toda costa
Less-than-truckload carrier Yellow filed revised notifications with the Teamsters seeking more subdued changes to operations after receiving pushback from the union.
XPO, on its way to becoming a pure-play LTL carrier, received an upgrade in its debt rating from S&P Global Ratings.
Less-than-truckload carriers are hopeful a recent round of general rate increases stick on the downside of the cycle.
El transportador planea modificar y volver a presentar rápidamente el cambio de operaciones
Yellow Corp. will modify and refile proposed network changes after meeting with local unions.
Yellow is seeing large tonnage declines continue as the fourth quarter advances.
The White House announced $36 billion in bailout money for the Central States Pension Fund that will benefit thousands of less-than-truckload drivers for Yellow and ABF Freight.
XPO becomes the latest less-than-truckload carrier to announce voluntary furloughs.
XPO es el último en ofrecer despidos voluntarios
Less-than-truckload demand has taken another step lower, according to carriers attending the Stephens investor conference.
Hablemos por un momento del elefante en la habitación: nuestro tonelaje de octubre”, se lamenta el director general de Yellow
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Less-than-truckload carrier Yellow Corp. sees tonnage fall by mid-teen percentages in the first two months of the third quarter as it implements the first phase of its restructuring.
Yellow Corp.’s bottom-line numbers show solid gains despite double-digit daily tonnage declines.
Dock-to-driver programs can be a steppingstone for someone who can’t afford truck driving school.
Less-than-truckload carrier Yellow Corp. reported another drop in tonnage during May as its terminal rationalization continues.
Yellow Corp. executives told analysts that the company’s plan to close and consolidate terminals won’t reduce capacity in its network.
El transportador LTL espera reducir el número de instalaciones a 300 para finales de año
El segundo trimestre registrará una mejora secuencial de los márgenes superior a la media, según la dirección
Less-than-truckload carrier Yellow Corp. has begun the next phase of its multiyear transformation. A recent proposal seeks to consolidate and close terminals in the West.
La solicitud tiene como objetivo cerrar y consolidar las terminales, establecer centros de rendimiento de velocidad
A congressional report alleges then-President Donald Trump may have pushed the Defense Department to approve a pandemic loan to help gain Teamsters support in the 2020 election.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Yellow Corp. announced it has reached a settlement with the Defense Department, which claimed it was overcharged by the less-than-truckload carrier for years.
A Wednesday update from less-than-truckload carrier Yellow Corp. showed volume trends worsened in February on what was supposed to be an easy year-over-year comp.
El descenso del 27% se agrava respecto a enero; otros transportistas registran ganancias
Los resultados impresionan incluso después de eliminar los
vientos de cola
First-quarter updates from Old Dominion and Saia show LTL carriers are off to another strong start.
Less-than-truckload carrier Yellow Corp. adds two driver academies as part of a plan to train 1,000 drivers in 2022.
Less-than-truckload carrier Yellow Corp. reported better-than-expected adjusted fourth-quarter results Wednesday after the market closed.
Less-than-truckload carrier Saia announced a 7.5% general rate increase Tuesday. The carrier was the latest to announce rate hikes greater than the normal mid-single-digit increases.
AskWaves looks at the impact general rate increases have on less-than-truckload rates.
The LTL carrier’s debt at the end of the third quarter was higher than a year earlier, but Moody’s is optimistic in making its upgrade.
Old Dominion Freight Line was the latest less-than-truckload carrier to implement a general rate increase ahead of schedule. The 4.9% adjustment is in line with the rate hike it announced earlier in the year.
The Biden administration is taking a series of actions aimed at bolstering the truck driver workforce that includes assessing compensation.
Less-than-truckload carrier Yellow Corp reports the weakest revenue trends out of the public carriers providing fourth-quarter updates.
Difficulties finding trailers is starting to rival the effects of the driver shortage at the nation’s largest fleets.
Intraquarter updates from less-than-truckload carriers show record third-quarter operating conditions have continued through the first two months of the fourth quarter.
General rate increases for less-than-truckload shipments not under contract are rolling in ahead of schedule and are a little higher than normal.
Yellow Corp. President Darrel Harris has filled the company’s vacant chief operating officer role.
Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.
A Democrat-led committee investigating Yellow’s $700 million Treasury loan suggests the Trump administration was involved in the approval process.
Less-than-truckload carrier Yellow reported tonnage declines worse than its peers for the first two months of the third quarter. The carrier said it currently remains focused on driving yields higher in lieu of volume growth.
Yellow Corp. announced that its interim CFO, Dan Olivier, will assume the role permanently. The change comes as the company navigates a financial and operational transformation.
Yellow says it is making progress toward its unified transport network strategy.
Yellow CEO Darren Hawkins sent a formal response to lawmakers seeking proof of compliance with the terms of the $700 million CARES Act loan.
The large year-over-year revenue increases recorded by less-than-truckload carriers in the second quarter continued with Yellow on Monday after the close. However, the carrier’s operating metrics lagged some of its competitors as it continues to execute a companywide overhaul.
A U.S. House subcommittee has launched an investigation into Yellow Corp.’s $700 million CARES Act loan.
Less-than-truckload carrier Yellow Corp. announces the departure of its COO and chief network officer. The company announced that its strategic initiatives head, Darrel Harris, will take over as president.
Senate-approved emergency pension relief covering Yellow, ABF Freight employees could hit President’s desk this week.
With the need for qualified drivers on the rise, less-than-truckload carrier Yellow Corp. announces plans to hire 1,500 drivers and open new academies in 12 locations across the country.
