Yellow turns an operating profit in strong LTL macro environment

Yellow tackling driver problem

A rising tide of strong demand and tight capacity lifted all LTL boats in the second quarter. The market was so strong, in fact, that even the perpetually leaking dinghy from Kansas made money.

Overland Park-based Yellow Corp. reported late Wednesday second-quarter operating income of $27 million on revenue of $1.3 billion. This compares to operating loss of $4.6 million on revenue of $1.015 billion during the second quarter of 2020, when economic lockdowns during the early days of the COVID-19...

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