Yellow Corporation Provides Quarter-To-Date Operating Data for Second Quarter 2021

Rhea-AI Summary

Yellow Corporation (NASDAQ: YELL) released its operating metrics for April and May 2021, showing positive trends year-over-year. Key highlights include a 21.4% increase in shipments per workday in April and an 8.3% increase in May, contributing to a 14.7%% increase for the quarter-to-date (QTD). The company also reported an 11.8% increase in revenue per hundredweight for April and 18.4%% for May. Overall, Yellow’s performance highlights a solid recovery as it adapts to market demands.

Positive

• Shipments per workday increased by 21.4% in April and 8.3% in May.
• Tonnage per workday increased by 23.7% in April and 8.9% in May.
• Revenue per hundredweight rose by 11.8% in April and 18.4% in May.
• Overall QTD metrics show a 14.7% increase in shipments and 16.0% increase in tonnage.

Negative

• None.

OVERLAND PARK, Kan., June 07, 2021 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) reported certain operating metrics for the first two months of second quarter 2021.

For Yellow less-than-truckload, the percent change 2021 from 2020:

	Shipments per Workday	Weight per Shipment	Tonnage per Workday	Revenue per Hundredweight(a)	Revenue per Shipment(a)
April	21.4%	1.8%	23.7%	11.8%	13.9%
May	8.3%	0.5%	8.9%	18.4%	19.0%
QTD	14.7%	1.2%	16.0%	15.1%	16.4%

^(a) Includes fuel surcharge

About Yellow Corporation

Yellow Corporation has one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities. Through its teams of experienced service professionals, Yellow Corporation offers industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial, and retail goods with confidence. Yellow Corporation, headquartered in Overland Park, Kan., is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company HNRY Logistics.

Please visit our website at www.myyellow.com for more information.

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

FAQ

What were the operating metrics reported by Yellow Corporation for Q2 2021?

Yellow Corporation reported a 14.7% increase in shipments per workday for Q2 2021 compared to the previous year.

How did Yellow Corporation's shipments change in April 2021?

In April 2021, Yellow Corporation experienced a 21.4% increase in shipments per workday compared to April 2020.

What is the revenue per hundredweight for Yellow Corporation in May 2021?

In May 2021, Yellow Corporation reported an 18.4% increase in revenue per hundredweight compared to May 2020.

What trends were observed in tonnage for Yellow Corporation in early Q2 2021?

Tonnage per workday for Yellow Corporation increased by 23.7% in April and 8.9% in May 2021.