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Yellow Corporation (YELL) Stock News, Feb-Apr 2021

YELL NASDAQ
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Yellow Corporation (NASDAQ: YELL) is hosting a job fair in Kansas City, KS, on April 13-14, 2021, aiming to fill up to 20 positions including mechanics and drivers. As the second largest less-than-truckload carrier in North America, Yellow emphasizes competitive wages and healthcare benefits to attract new talent, particularly appealing to those affected by pandemic job losses. The company continues to expand its workforce and capabilities, believing in the economic importance of its freight professionals. Interested applicants can attend the fair at the Holland terminal, no reservations needed.

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Yellow Corporation (NASDAQ: YELL) celebrates Robert Herber's achievement of driving 5,000,000 miles without a preventable accident over his 45-year career with YRC Freight. His dedication to safety, rooted in the Smith System, has made him a model driver. CEO Darren Hawkins and Vice President Tamara Jalving commend Herber for his commitment to excellence, which aligns with Yellow’s safety focus. Herber has also contributed to community service and truck driving competitions. Yellow Corporation is a leader in logistics and LTL networks across North America.

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Yellow Corporation (NASDAQ: YELL) reported operational metrics for January and February 2021, highlighting significant changes in its less-than-truckload (LTL) services. Key metrics include a 2.0% increase in shipments per workday in January, followed by a 4.8% decrease in February. The quarter-to-date (QTD) figures show an overall 1.4% decline in shipments per workday. Notably, February's performance was impacted by extreme winter weather affecting 215 terminals, with most returning to normal operations thereafter. Revenue per hundredweight and per shipment showed positive trends, increasing by 4.0% and 3.9% respectively.

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Yellow Corporation (NASDAQ: YELL) is addressing a critical driver shortage in the U.S. trucking industry, which is currently short 60,000 drivers according to the American Trucking Association. The company is looking to hire 1,500 commercial drivers and has established 12 driving academies nationwide to support this effort. With a focus on providing good jobs and competitive benefits, Yellow aims to bolster the supply chain during the ongoing pandemic. CEO Darren Hawkins emphasized the importance of their freight professionals in delivering essential goods across the country.

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