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Yellow Corporation Opens Three New Professional Truck Driving Academies

Yellow Corporation (NASDAQ: YELL) has expanded its commitment to address the truck driver shortage by operating 20 tuition-free CDL Driving Academies across the U.S. Recently, three new locations opened in Columbus, OH, Tracy, CA, and Maybrook, NY.

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Yellow Corporation (NASDAQ: YELL) has expanded its commitment to address the truck driver shortage by operating 20 tuition-free CDL Driving Academies across the U.S. Recently, three new locations opened in Columbus, OH, Tracy, CA, and Maybrook, NY. The academies aim to train 1,000 new drivers this year, focusing on diverse recruitment and providing thorough training, including 160 hours of education and hands-on experience. These initiatives are part of Yellow's broader strategy to enhance the workforce in the trucking industry.

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Positive

  • Expansion to 20 tuition-free CDL Driving Academies promotes workforce development.
  • Target to train 1,000 new drivers in a year addresses driver shortage.
  • Focus on diversity in recruitment fosters broader industry participation.

Negative

  • None.
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The LTL carrier now operates 20 tuition-free CDL Driving Academies throughout the United States.

Nashville, June 28, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) is continuing its commitment to train the next generation of safe, professional semi-truck drivers as it expands its company-sponsored Driving Academies with three new locations.

“We’re thrilled to own and operate a total of 20 permanent Driving Academies, which are free to all students,” said Tamara Jalving, vice president of safety and talent acquisition at Yellow. “In the last year, we have opened eight new Academies, with more scheduled to open later this year in other parts of the country. Training our own drivers is simply the best way to tackle the driver shortage in America.”

Addressing the nationwide shortage of qualified professional truck drivers, estimated at 80,000 by the American Trucking Associations, is at the forefront of Yellow’s Driving Academy strategy. The program is tuition-free, which makes the Academies valuable for students and their local communities. “We plan to bring in new drivers and certainly more diverse candidates as we aim to train 1,000 new drivers this year,” said Darren Hawkins, CEO of Yellow. “We’re introducing a wider and broader audience to the trucking industry, not just recruiting talent from other trucking companies.”

The latest Academies to open are in Columbus, OH, Tracy, CA and Maybrook, NY. These facilities are home to Yellow’s largest regional distribution centers, making these ideal locations for student apprentices to learn. Once enrolled, students will learn the operations side of the business, complete an initial 160 hours of training, and spend an additional month honing their driving skills with a Yellow-certified safety trainer to best position them for their commercial driver’s license (CDL) exam. After graduating and obtaining a CDL, each qualified driver will be offered a position behind the wheel at Yellow.

Each of Yellow’s Driving Academies is certified as a Department of Labor apprenticeship program, which is designed to provide paid on-the-job instruction for workers as they prepare for a highly in-demand job.

“We need to grow the overall population of applicants for commercial driver’s licenses,” Hawkins explained. “That’s what we’re doing and that’s the intention of our Driving Academies.”

Yellow also has career opportunities available for sales professionals, dock employees, diesel mechanics and terminal leadership coast-to-coast. Click here for more information.

In addition to the new Driving Academies in Columbus, Maybrook and Tracy, other Yellow Driving Academies are located in Atlanta/Marietta, Charlotte, Chicago, Cincinnati, Cleveland, Denver, Fort Worth, TX, Hagerstown, MD, Indianapolis, Kansas City, Memphis, Nashville, Pico Rivera, CA, Portland, Salt Lake City, South Bend, IN, and Detroit.

Learn more about the Yellow Driving Academies at https://www.myyellow.com/us/en/careers/driving-academy.

About Yellow Corp.

Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout. Backed by a team of over 30,000 transportation professionals, Yellow’s flexible supply chain solutions and best-in-class expertise ensure the safe, timely delivery of industrial, commercial, and retail goods for customers of all sizes. Yellow’s principal office is in Nashville, Tenn., and is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company Yellow Logistics.

To learn more about Yellow and our services, visit myyellow.com.

Media Contacts:Mike Kelley
913-696-6121
mike.kelley@myyellow.com
  
 Heather Nauert
heather.nauert@myyellow.com
  
Investor Contact:Tony Carreño
913-696-6108
investor@myyellow.com

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FAQ

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What is the significance of Yellow's Driving Academies?

Yellow's Driving Academies provide tuition-free training to address the nationwide truck driver shortage and aim to enhance workforce diversity.

Where are Yellow's new Driving Academies located?

The new Driving Academies are located in Columbus, OH; Tracy, CA; and Maybrook, NY.

How many Driving Academies does Yellow now operate?

Yellow Corporation now operates a total of 20 Driving Academies.

What is the training program duration at Yellow's Driving Academies?

The training program includes 160 hours of education followed by a month of practical driving experience.

How does Yellow plan to recruit new drivers?

Yellow aims to recruit new and more diverse candidates rather than only sourcing talent from within the trucking industry.

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