UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Common Stock, $0.01 par value per |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure
On March 8, 2021, Yellow Corporation issued a press release providing an update on certain operating metrics for the first quarter of 2021. A copy of the press release is furnished as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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Description |
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99.1 |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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YRC WORLDWIDE INC. |
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By: |
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/s/ James R. Faught |
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James R. Faught |
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Chief Accounting Officer |
Date: March 8, 2021
Exhibit 99.1
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10990 Roe Avenue Overland Park, KS 66211 Phone 913 696 6108 Fax 913 696 6116
News Release |
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Yellow Corporation Provides Quarter-To-Date Operating Data for First Quarter 2021
OVERLAND PARK, Kan., March 8, 2021 — Yellow Corporation (NASDAQ: YELL) reported certain operating metrics for the first two months of first quarter 2021.
For Yellow less-than-truckload (LTL), the percent change 2021 from 2020:
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Shipments per Day |
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Weight per Shipment |
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Tonnage per Workday |
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Revenue per Hundredweight (a) |
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Revenue per Shipment (a) |
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January |
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2.0 |
% |
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0.5 |
% |
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2.5 |
% |
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1.8 |
% |
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2.3 |
% |
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February |
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(4.8 |
)% |
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(0.8 |
)% |
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(5.5 |
)% |
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6.3 |
% |
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5.5 |
% |
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QTD |
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(1.4 |
)% |
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(0.1 |
)% |
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(1.5 |
)% |
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4.0 |
% |
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3.9 |
% |
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(a) |
Includes fuel surcharge |
The February operating data includes the impact from extreme winter weather that affected much of the United States. The impact to the Company included 215 terminals that were either closed or had limited operations for some period during February. Nearly all of the terminals impacted have returned to their normal operations.
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 our 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 Contact: Mike Kelley
913-696-6121
mike.kelley@myellow.com
SOURCE: Yellow Corporation