UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 10, 2021 (
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation) |
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(IRS Employer Identification No.) |
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(Registrant’s telephone number, including area code)
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. ☐
Explanatory Note
This Form 8-K/A (this “Amendment”) amends the Current Report on Form 8-K filed by Yellow Corporation (the “Company”) on June 7, 2021 with the U.S. Securities and Exchange Commission (the “Original Form 8-K”). This Amendment corrects certain operating metrics furnished in a press release attached to the Original Form 8-K regarding the percent change in 2021 from 2020 for less-than-truckload (“LTL”) Revenue per hundredweight and LTL Revenue per shipment for May and QTD. Except as provided herein, the disclosures made in the Original Form 8-K remain unchanged.
Item 7.01 Regulation FD Disclosure
Certain operating metrics for the second quarter of 2021 that were originally furnished in a press release on June 7, 2021 have been amended as described in the Explanatory Note above and are attached hereto 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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YELLOW CORPORATION |
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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: June 10, 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 Second Quarter 2021
OVERLAND PARK, Kan., June 10, 2021 — Yellow Corporation (NASDAQ: YELL) reported certain operating metrics for the first two months of second quarter 2021.
For Yellow less-than-truckload (LTL), the percent change 2021 from 2020:
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Shipments per Workday |
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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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21.4 |
% |
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1.8 |
% |
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23.7 |
% |
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11.8 |
% |
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13.9 |
% |
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May |
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8.3 |
% |
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0.5 |
% |
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8.9 |
% |
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16.7 |
% |
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17.3 |
% |
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QTD |
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14.7 |
% |
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1.2 |
% |
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16.0 |
% |
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14.2 |
% |
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15.6 |
% |
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(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 Contact: Mike Kelley
913-696-6121
mike.kelley@myyellow.com
Heather Nauert
heather.nauert@myyellow.com