Less-than-truckload carrier Yellow Corp. reported its best first quarter in six years after the market closed Tuesday. The period came in slightly better than breakeven on the operating line at a 99.3% operating ratio, which was 300 basis points better year-over-year.
Demand from both Yellow’s industrial and retail customers remains strong, according to CEO Darren Hawkins.
“Looking ahead, demand for LTL capacity still appears to be strong with inventory levels remaining below normal and a...