A third-quarter update from less-than-truckload carrier Yellow Corp. was reflective of the network restructuring the company has undertaken. Through the first two months of the third quarter tonnage was down by mid-teen percentages year over year (y/y), which significantly outpaced mixed results from peers.
Yellow (NASDAQ: YELL) is currently executing a network overhaul in which it has consolidated all of its separately run LTL brands onto the same tech platform. It is also rationalizing some...
https://www.freightwaves.com/news/yellows-tonnage-declines-part-of-network-restructuring