YRCW Yellow Corporation

Yellow Corporation Signs Agreement with U.S. Army to Join Partnership for Your Success Veteran Employment Program

Yellow Corporation Signs Agreement with U.S. Army to Join Partnership for Your Success Veteran Employment Program

Nashville, Tenn., July 20, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation, (NASDAQ: YELL) entered into a memorandum of agreement today with the U.S. Army Partnership for Your Success (PaYS) program, demonstrating the Company’s commitment to helping ensure veterans have successful careers upon leaving service.

“Veterans bring with them the discipline, training and can-do attitude that we value at Yellow,” said Darren Hawkins, CEO of Yellow. “We see the partnership with PaYS as a win-win opportunity for us and for veterans. Giving veterans a great place to work is the least we can do to thank them for serving their country.”

The PaYS Program is a strategic partnership between the U.S. Army and a cross section of corporations, companies and public sector agencies. The program provides America's Soldiers with an opportunity to serve their country while they prepare for their future.

“The Nashville Recruiting Battalion is excited for the opportunity the partnership between the U.S. Army and Yellow Corporation brings to our Soldiers' lives as they become Veterans,” said Army Lt. Col. Kirsten McFarland, Commander of the Nashville Army Recruiting Battalion. “Our partnership is an exceptional commitment to building not only an experienced job pool for Yellow Corporation but employment for our Veterans as they transition from service.”

PaYS partners guarantee Soldiers an interview and possible employment after the Army. This unique program is part of the Army's effort to partner with America's business community and reconnect America with its Army.

Hawkins said, “In the trucking industry, veterans can have a new career in service, as they help ensure essential goods are safely delivered to our communities. Yellow is proud to support our troops with a meaningful career and honor their sacrifices made to preserve our freedom.”

To learn more about the Army PaYS program, go . Read about what it means to work at Yellow by visiting the of our website.

About Yellow Corp.

Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout. Backed by a team of more than 30,000 transportation professionals, Yellow’s flexible supply chain solutions and best-in-class expertise ensure the safe, timely delivery of industrial, commercial and retail goods for customers of all sizes. Yellow’s principal office is in Nashville, Tenn., and is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway and YRC Freight, as well as the logistics company .

To learn more about Yellow and our services, visit .

Media Contacts:

Mike Kelley                                                      

913-696-6121

Heather Nauert



EN
20/07/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Yellow Corporation

 PRESS RELEASE

Yellow Corporation Reports Second Quarter 2023 Results

Yellow Corporation Reports Second Quarter 2023 Results NASHVILLE, Tenn., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) reported results for the second quarter ended June 30, 2023. Operating revenue was $1.127 billion and operating income was $38.9 million which included a $75.9 million gain on property disposals. In comparison, operating revenue in the second quarter of 2022 was $1.424 billion and operating income was $99.2 million which included a $3.2 million net gain on property disposals. Net loss for second quarter 2023 was $14.7 million, or $0.28 per share, co...

Moody's downgrades Yellow's PDR to D-PD following bankruptcy filing

Moody's Investors Service (Moody's) downgraded Yellow Corporation's ("Yellow") Probability of Default Rating ("PDR") to D-PD from Ca-PD. Moody's affirmed Yellow's Corporate Family Rating ("CFR") at Caa3 and senior secured term loan rating at Caa1. The outlook remains negative. There was no change to...

 PRESS RELEASE

Yellow Corporation Files Voluntary Chapter 11 Petitions

Yellow Corporation Files Voluntary Chapter 11 Petitions International Brotherhood of Teamsters Drives Nearly 100-Year-Old Company Out of Business 30,000 American Jobs Lost NASHVILLE, Tenn., Aug. 06, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) and certain of its direct and indirect subsidiaries (collectively, the “Company” or “Yellow”) filed voluntary petitions for relief under Chapter 11 (the “Chapter 11 Cases”) of the U.S. Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) for the Company’s ...

 PRESS RELEASE

Yellow Logistics, a Third-Party Logistics Broker and Subsidiary of Yel...

Yellow Logistics, a Third-Party Logistics Broker and Subsidiary of Yellow Corporation, Flourishes as Shippers and Vendors Turn to 3PL Logistics Providers NASHVILLE, Tenn., July 27, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) is exploring opportunities to divest its successful 3PL, Yellow Logistics, Inc., and is currently engaged with multiple interested parties regarding the sale of its independent Third-Party Logistics organization. The discussions are active and ongoing. Yellow Logistics is a customer-specific logistics solution provider that specializes in truckload, re...

 PRESS RELEASE

Yellow Corporation Response to U.S. District Court for the District of...

Yellow Corporation Response to U.S. District Court for the District of Kansas Ruling Company Intends to Continue Breach of Contract Case Against International Brotherhood of Teamsters in Federal Court NASHVILLE, Tenn., July 21, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) regrets that Senior Judge Julie A. Robinson of the U.S. District Court for the District of Kansas denied the Company’s motion on jurisdictional grounds. The Company, represented by Marc E. Kasowitz and Ron Rossi, partners at Kasowitz Benson Torres LLP, intends to appeal the ruling. The court, recognizing...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch