Comparing the current results to its competitors, Yellow reported Revenue decrease in the 2 quarter 2023 year on year by -20.85 %, slower than the combined decrease of the YELL's competitors by -22.93 %, recorded in the same quarter.
Yellow Corporation, slower than the average decrease reported by the company's competitors of -48.84 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -48.84 %
despite revenue deterioration, Yellow increased its market share in this segment. company increased its market share in this segment to approximately 6.26 %.
ArcBest Corporation operates as a logistics company with a business model that focuses on providing transportation and logistics solutions to its customers.
USA Truck Inc. operates as a transportation and logistics company, providing a wide range of services such as truckload, dedicated freight, and intermodal transportation. They primarily serve customers in North America with a focus on offering reliable, efficient, and secure transportation solutions. USA Truck utilizes a combination of owned assets and contracted carriers to meet customer demands and maximize their operational efficiency.
Schneider National Inc operates as a transportation and logistics company, providing a wide range of services including truckload, intermodal, and logistics solutions. Their business model focuses on leveraging technology and expertise to deliver efficient transportation services while reducing costs and environmental impact. Schneider National Inc also offers industry-specific solutions to various sectors such as retail, automotive, and energy, ensuring customized and reliable transportation solutions for their customers.
Saia Inc operates as a transportation company that provides regional and interregional less-than-truckload (LTL) services across the United States. The company generates revenue by transporting and delivering freight for customers using its network of trucks and terminals.
Radiant Logistics Inc operates as a third-party logistics (3PL) company, providing various transportation and logistics services. They offer a comprehensive network of agents and independent businesses to facilitate the movement of goods and provide customized solutions to their customers.
Sources:
Yellow Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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