One Yellow

Yellow adds COO role to Harris’ list of duties

Yellow Corp. names Darrel Harris COO
Darrel Harris, Yellow president and COO (Photo: Yellow Corp.)

Less-than-truckload carrier Yellow Corp. reported in a Tuesday filing with the Securities and Exchange Commission that recently named President Darrel Harris assumed the chief operating officer role effective Friday.

Harris joined Yellow (NASDAQ: YELL) a year ago to head the company’s strategic initiatives and was quickly promoted to president when former COO T.J. O’Connor departed.

The 46-year-old has logged 25 years in the...

https://www.freightwaves.com/news/yellow-adds-coo-role-to-harris-list-of-duties

Yellow turns a profit, restructuring moves forward

5.9% general rate increase starts Monday

Strong fundamentals in the less-than-truckload market, marked by considerably higher yields, combined with a companywide restructuring drove a net profit at Yellow Corp. during the third quarter.

Yellow (NASDAQ: YELL) reported earnings per share of 16 cents compared to a net loss of 4 cents per share a year ago. This was the first positive number on the EPS line since the 2020 first quarter. But that period included an asterisk as the company booked almost $40 million in gains on the sale of...

https://www.freightwaves.com/news/yellow-turns-a-profit-restructuring-moves-forward