Less-than-truckload carrier Yellow Corp. reported Wednesday that tonnage fell 27.4% year-over-year in February, following a 15.9% drop in January.
The declines, part of Yellow’s yield enhancement initiatives, were far worse than the improving comps announced by other carriers. In recent days, several publicly traded carriers reported a surge in year-over-year tonnage growth rates in February when compared to January. Severe winter storms during February 2021 created an easy comp for the recent...
https://www.freightwaves.com/news/yellows-february-tonnage-drop-sours-streak-of-positive-ltl-updates