NASHVILLE, Tenn., June 09, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation YELL reported certain operating metrics for the first two months of second quarter 2023.
For Yellow less-than-truckload (LTL), the percent changes 2023 from 2022 were:
| Shipments per Workday | Weight per Shipment | Tonnage per Workday | Revenue per Hundredweight(a) | Revenue per Shipment(a) | ||||||
| April | (15.4)% | (1.1)% | (16.4)% | (1.5)% | (2.6)% | |||||
| May | (13.8)% | (2.9)% | (16.3)% | (3.8)% | (6.6)% | |||||
| QTD | (14.6)% | (2.0)% | (16.3)% | (2.7)% | (4.7)% | |||||
(a) Includes fuel surcharge
Excluding fuel surcharge, quarter-do-date LTL revenue per hundredweight increased 4.0% and quarter-to-date LTL revenue per shipment increased 1.9% compared to a year ago.
About Yellow Corporation
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 nearly 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.
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 |
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
