
Yellow
Yellow Corporation was a large North American logistics and less-than-truckload (LTL) network that ceased operations in 2023.
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Description
Yellow Corporation was a leading logistics and less-than-truckload (LTL) network in North America, operating for nearly 100 years before ceasing operations in August 2023. The company offered local, regional, national, and international shipping services through its portfolio of trucking brands, including Holland, New Penn, Reddaway, and YRC Freight. Yellow also owned Yellow Logistics, a freight brokerage subsidiary that combined technology with multi-modal logistics to meet diverse shipping needs.
Yellow's business model was heavily impacted by the International Brotherhood of Teamsters (IBT) union, which actively opposed the company's modernization efforts. This resistance ultimately led to Yellow filing for Chapter 11 bankruptcy and ceasing operations, resulting in the loss of 30,000 jobs. The company's equipment and assets were subsequently sold through an auction.
Benefits
Yellow Corporation offers a variety of employee benefits, including health, welfare, and pension plans. Union employees can contact their employee benefit plan administrator, local union representative, or the general union for information about their benefits. Non-union employees can contact the company's benefits department directly. Employees can access their W2s through the company's Oracle system and are encouraged to utilize the provided resources to find new employment opportunities.
Mission
Yellow Corporation was a leading provider of comprehensive logistics and less-than-truckload (LTL) services in North America. With a network of regional, national, and international shipping capabilities, they offered industry-leading expertise in heavyweight shipments and flexible supply chain solutions. Yellow aimed to provide timely and reliable deliveries for industrial, commercial, and retail goods, ensuring customer confidence and satisfaction. They planned to consolidate all their regional LTL assets into a singular network under the Yellow name, providing a more integrated and dynamic solution for freight movement.
Culture
Yellow Corporation promotes a culture of customer-centricity and innovation, focused on providing comprehensive logistics solutions. The company emphasizes teamwork and collaboration across its diverse workforce, valuing the contributions of both union and non-union employees. Yellow Corporation aims to foster a work environment that prioritizes professionalism, reliability, and efficient service delivery, with a commitment to helping employees find new opportunities during times of transition.
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