8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

15-12G - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

8-K - Yellow Corp (0000716006) (Filer)

Names Jamie Pierson as Permanent Chief Financial Officer and Welcomes New Chief Accounting Officer Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") announced the appointment of Jamie G. Pierson as permanent Chief Financial Officer and James Faught as Chief Accounting Officer, effective July 3, 2024. Mr. Pierson was originally named interim Chief Financial Officer on May 20, 2024. Mr. Faught joins the Company from EVO Transportation where he served as CFO. Shawn Stewart, the CEO, emphasized the strategic significance of the new appointments, stating, "This expansion of our leadership team is instrumental in navigating the financial integration of Forward Air and Omni Lo

NASHVILLE, Tenn., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the second quarter ended June 30, 2023. Operating revenue was $1.127 billion and operating income was $38.9 million which included a $75.9 million gain on property disposals. In comparison, operating revenue in the second quarter of 2022 was $1.424 billion and operating income was $99.2 million which included a $3.2 million net gain on property disposals. Net loss for second quarter 2023 was $14.7 million, or $0.28 per share, compared to net income of $60.0 million, or $1.17 per share in the second quarter 2022. Following a substantial workforce reduction impacting all areas of the o

International Brotherhood of Teamsters Drives Nearly 100-Year-Old Company Out of Business 30,000 American Jobs Lost NASHVILLE, Tenn., Aug. 06, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) and certain of its direct and indirect subsidiaries (collectively, the "Company" or "Yellow") filed voluntary petitions for relief under Chapter 11 (the "Chapter 11 Cases") of the U.S. Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") for the Company's planned operational wind-down. To facilitate this process, the Company expects to enter into an agreement, setting forth the terms and conditions of a debtor-i

NASHVILLE, Tenn., July 27, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) is exploring opportunities to divest its successful 3PL, Yellow Logistics, Inc., and is currently engaged with multiple interested parties regarding the sale of its independent Third-Party Logistics organization. The discussions are active and ongoing. Yellow Logistics is a customer-specific logistics solution provider that specializes in truckload, residential, contract logistics, engineered solutions, distribution, and warehousing and is operated through an independent, non-union subsidiary of Yellow.  "Yellow Logistics is one of the fastest growing 3PLs in the industry and has been since its inception,

NASHVILLE, Tenn., July 21, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) regrets that Senior Judge Julie A. Robinson of the U.S. District Court for the District of Kansas denied the Company's motion on jurisdictional grounds. The Company, represented by Marc E. Kasowitz and Ron Rossi, partners at Kasowitz Benson Torres LLP, intends to appeal the ruling. The court, recognizing a strike would likely kill the company, resulting in the loss of 30,000 jobs, cautioned the Union --that while it won today's battle, it could very well lose the war. The Company will continue to pursue its breach of contract case where it seeks to recover more than $1.5 billion in lost enterprise value

NASHVILLE, Tenn., July 19, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation announces that the leadership at the International Brotherhood of Teamsters (IBT) has publicly claimed that the union may lawfully strike Yellow Corporation (NASDAQ:YELL) over its failure to make its July contribution to Central States pension and health and welfare funds, but a strike would be anything but lawful, as it would violate the parties' collective bargaining agreement. The Union's breaches of the collective bargaining agreement, which are detailed in the complaint Yellow filed in its District of Kansas lawsuit against the Teamsters, are the direct cause of Yellow's inability to make contributions to the funds

NASHVILLE, Tenn., June 27, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL), the nation's third largest less than truckload (LTL) carrier and fifth largest transportation company, has filed a complaint in the U.S. District Court for the District of Kansas against the International Brotherhood of Teamsters (IBT) and certain of its affiliates. The complaint alleges that the defendants breached their binding union contract with Yellow causing more than $137 million in damages by unjustifiably blocking, for over eight months, Yellow's restructuring plan to modernize its business, which is necessary to compete against non-union carriers that dominate the LTL business today. These

NASHVILLE, Tenn., June 09, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: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 WorkdayWeight per ShipmentTonnage per WorkdayRevenue 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 Yel

NASHVILLE, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the first quarter ended March 31, 2023. Operating revenue was $1.159 billion and operating loss was $9.3 million. In comparison, operating revenue in the first quarter of 2022 was $1.260 billion and operating income was $9.2 million, which included a $5.5 million net gain on property disposals. Net loss for first quarter 2023 was $54.6 million, or $1.06 per share, compared to net loss of $27.5 million, or $0.54 per share in the first quarter 2022. On a non-GAAP basis, the Company generated Adjusted EBITDA of $34.3 million in first quarter 2023 compared to $52.0 million in the prio

NASHVILLE, Tenn., April 25, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) has appointed David H. Webber to its Board of Directors, effective April 20, 2023. Webber is a Professor of Law at Boston University and a highly respected academic with numerous scholarly articles published in the Harvard Business Law Review and the University of Chicago Business Law Review, among others. Webber is also the author of the critically acclaimed book, The Rise of the Working-Class Shareholder: Labor's Last Best Weapon, published by Harvard University Press. Webber is a nationally recognized expert in pensions as well as shareholder activism and litigation. He was selected by the Internation

SC 13G/A - Yellow Corp (0000716006) (Subject)

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SC 13D/A - Yellow Corp (0000716006) (Subject)

SC 13D/A - Yellow Corp (0000716006) (Subject)

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SC 13G/A - Yellow Corp (0000716006) (Subject)

Names Jamie Pierson as Permanent Chief Financial Officer and Welcomes New Chief Accounting Officer Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") announced the appointment of Jamie G. Pierson as permanent Chief Financial Officer and James Faught as Chief Accounting Officer, effective July 3, 2024. Mr. Pierson was originally named interim Chief Financial Officer on May 20, 2024. Mr. Faught joins the Company from EVO Transportation where he served as CFO. Shawn Stewart, the CEO, emphasized the strategic significance of the new appointments, stating, "This expansion of our leadership team is instrumental in navigating the financial integration of Forward Air and Omni Lo

Nashville, Tenn., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) announces the appointment of Annlea Rumfola as its new Chief Information Officer. She will oversee all information technology teams, systems, processes and support functions at Yellow, reporting directly to CEO Darren Hawkins. Rumfola will step into the CIO role on Jan. 3, 2023. Current CIO Jason Ringgenberg is retiring after serving in that position since 2017. Rumfola brings an extensive background in technology leadership from Cardinal Health Inc., where she most recently served as senior vice president of information technology for the health care company's medical segment. Her 30-year career

OVERLAND PARK, Kan., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Effective today, Yellow Corporation (NASDAQ:YELL) announces the appointment of Dan Olivier to the role of Chief Financial Officer. Olivier has served as Interim CFO since October 2020. He will maintain responsibility for corporate finance, treasury, investor relations, accounting, tax and risk management/internal audit functions at Yellow. "With more than 25 years at the Company, and half of those years at the VP level, consistency in Dan's leadership will allow a very seamless transition as he assumes the role of Chief Financial Officer," said Darren Hawkins, Yellow CEO. "On behalf of Yellow's executive leadership and board of direct

IRVING, Texas, Aug. 9, 2021 /PRNewswire/ -- Ecobat, the global leader in recycling batteries, announced today the appointment of Jamie Pierson as chief financial officer. Jamie was most recently CFO for YRC Worldwide (NASDAQ:YELL), where he was responsible for operational and financial strategy for the company.  In addition to his financial responsibilities, Jamie managed relationships with credit rating agencies, financial and industry analysts, lenders and shareholders. Jamie has over 10 years of investment banking, financial restructuring, advisory and corporate development

Stifel resumed coverage of Yellow Corporation with a rating of Hold and set a new price target of $7.00

Vertical Research initiated coverage of Yellow Corporation with a rating of Buy and set a new price target of $15.00

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3 - Yellow Corp (0000716006) (Issuer)

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4/A - Yellow Corp (0000716006) (Issuer)

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4 - Yellow Corp (0000716006) (Issuer)

4 - Yellow Corp (0000716006) (Issuer)

4 - Yellow Corp (0000716006) (Issuer)

4 - Yellow Corp (0000716006) (Issuer)

4 - Yellow Corp (0000716006) (Issuer)

NASHVILLE, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the first quarter ended March 31, 2023. Operating revenue was $1.159 billion and operating loss was $9.3 million. In comparison, operating revenue in the first quarter of 2022 was $1.260 billion and operating income was $9.2 million, which included a $5.5 million net gain on property disposals. Net loss for first quarter 2023 was $54.6 million, or $1.06 per share, compared to net loss of $27.5 million, or $0.54 per share in the first quarter 2022. On a non-GAAP basis, the Company generated Adjusted EBITDA of $34.3 million in first quarter 2023 compared to $52.0 million in the prio

NASHVILLE, Tenn., April 13, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) announced today that on Wednesday, May 3, 2023, at 4:30 p.m. ET, company executives will host a conference call with the investment community to discuss first quarter 2023 results. The financial results will be released the same day, May 3, 2023, after the market close. The call will be webcast and can be accessed live or as a replay via the Yellow Corporation website www.myyellow.com. 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 s

NASHVILLE, Tenn., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the fourth quarter and year ended December 31, 2022. Fourth quarter operating revenue was $1.200 billion and operating income was $40.3 million, which included a $28.2 million net gain on property disposals. In comparison, operating revenue in the fourth quarter of 2021 was $1.309 billion and operating income was $55.8 million. Net loss for fourth quarter 2022 was $15.5 million, or $0.30 per share. This compares to a net loss of $44.7 million, or $0.88 per share, in the fourth quarter of 2021, which included a $54.9 million or $1.08 per share non-cash, non-operating settlement loss r

NASHVILLE, Tenn., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) announced today that on Thursday, Feb. 9, 2023, at 4:30 p.m. ET, company executives will host a conference call with the investment community to discuss fourth quarter and full year 2022 results. The financial results will be released the same day, Feb. 9, 2023, after the market close. The call will be webcast and can be accessed live or as a replay via the Yellow Corporation website www.myyellow.com. About Yellow Corporation Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing

NASHVILLE, Tenn., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the third quarter ended September 30, 2022. Operating revenue was $1.360 billion and operating income was $49.1 million, which included a $1.1 million net gain on property disposals. In comparison, operating revenue in the third quarter of 2021 was $1.301 billion and operating income was $48.4 million. Net income for third quarter 2022 was $4.8 million, or $0.09 per share, compared to net income of $8.3 million, or $0.16 per share, in the third quarter of 2021. On a non-GAAP basis, the Company generated Adjusted EBITDA of $90.6 million in third quarter 2022 compared to $94.4 mill

NASHVILLE, Tenn., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) announced today that on Wednesday, Nov. 2, 2022, at 4:30 p.m. ET, company executives will host a conference call with the investment community to discuss third quarter 2022 results. The financial results will be released the same day, Nov. 2, 2022, after the market close. The call will be webcast and can be accessed live or as a replay via the Yellow Corporation website www.myyellow.com. 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

Strong Results Include a 93.0% Operating Ratio and Earnings Per Share of $1.17 NASHVILLE, Tenn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the second quarter ended June 30, 2022. Operating revenue was $1.424 billion and operating income was $99.2 million, which included a $3.2 million net gain on property disposals. In comparison, operating revenue in the second quarter of 2021 was $1.313 billion and operating income was $27.0 million. Net income for second quarter 2022 was $60.0 million, or $1.17 per share, compared to net loss of $9.4 million, or $0.18 per share, in the second quarter of 2021. On a non-GAAP basis, the Company generated Adj

NASHVILLE, Tenn., July 14, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) announced today that on Wednesday, August 3, 2022, at 5:00 p.m. ET, company executives will host a conference call with the investment community to discuss second quarter 2022 results. The financial results will be released the same day, August 3, 2022, after the market close. The call will be webcast and can be accessed live or as a replay via the Yellow Corporation website www.myyellow.com. 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 internationa

NASHVILLE, Tenn., May 10, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) reported results for the first quarter ended March 31, 2022. Operating revenue was $1.260 billion and operating income was $9.2 million, which included a $5.5 million net gain on property disposals. In comparison, operating revenue in the first quarter of 2021 was $1.198 billion and operating loss was $27.6 million, which included a $1.0 million net loss on property disposals. Net loss for first quarter 2022 was $27.5 million, or $0.54 per share, compared to net loss of $63.3 million, or $1.26 per share, in the first quarter of 2021. On a non-GAAP basis, the Company generated Adjusted EBITDA of $52.0 mill

NASHVILLE, Tenn., April 18, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ:YELL) announced today that on Tuesday, May 10, 2022, at 5:00 p.m. ET, company executives will host a conference call with the investment community to discuss first quarter 2022 results. The financial results will be released the same day, May 10, 2022, after the market close. The call will be webcast and can be accessed live or as a replay via the Yellow Corporation website www.myyellow.com. 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. Thr