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2023-06-09 17:23:44 ET Summary Landstar System maintains stabilized costs and expenses to offset the decrease in revenues. Its financial positioning reflects high sustainability levels. Investment returns are ample, given the consistent ordinary and special dividend distributi...
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: (a) Includes fuel surcharge Exclud...
2023-06-02 13:31:20 ET Gainers: Quanex Building Products Corporation NX +22% . Universal Security Instruments ( UUU ) +19% . CBAK Energy Technology ( CBAT ) +18% . Yellow Corporation ( YELL ) +16% . American Superconductor Corporation ( AM...
2023-06-02 07:07:52 ET Bank of America's proprietary bi-weekly Truckload Demand Indicator for shippers' freight demand outlook for three months out decreased 4% sequentially to 42.6 from 44.3 last survey. The reading was down 27% year-over-year and is the 5th lowest level on record for the ...
2023-05-10 20:14:28 ET Summary Yellow Corporation stays sluggish with its hammered revenues and margins. Its financial positioning is quite bothersome for a capital-intensive company. Near-term market prospects are mixed, given the potential recession and decreasing inflation....
2023-05-10 19:46:42 ET Summary Shares are on course to test their 2020 multi-year lows as negative profitability and high debt feature front, right, and center in this play. Earnings miss estimates in Q1 but small improvements are expected over the next few quarters. Investors...
2023-05-03 21:46:02 ET Yellow Corporation (YELL) Q1 2023 Results Conference Call May 03, 2023 04:30 PM ET Company Participants Tony Carreño - SVP, Treasury and IR Darren Hawkins - CEO Dan Olivier - CFO Conference Call Participants Jack Atkins - S...
2023-05-03 16:07:22 ET Yellow press release ( NASDAQ: YELL ): Q1 GAAP EPS of -$1.06 misses by $0.26 . Revenue of $1.16M (-99.9% Y/Y) misses by $1.18B . On a non-GAAP basis, the Company generated Adjusted EBITDA of $34.3 million in first quarter 2023 compared to...
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 bill...
2023-05-02 18:03:30 ET Yellow ( NASDAQ: YELL ) is scheduled to announce Q1 earnings results on Wednesday, May 3rd, after market close. The consensus EPS Estimate is -$0.88 and the consensus Revenue Estimate is $1.18B. Over the last 1 year, YELL has beaten EPS estimates...
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2023-08-11 17:19:00 ET Earlier this week, trucking company Yellow Corporation (NASDAQ: YELL) filed a Chapter 11 bankruptcy petition with the Delaware district's U.S. Bankruptcy Court, simultaneously announcing it would begin winding down all operations. The company's been largely un...
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, ...
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 “...