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Yellow's Business Segments
Yellow's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 1,127
Regions Reported
-
Revenue by Product & Service Category -
- L T L Revenue90.7%
- Other Revenue9.3%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| L T L Revenue | $ 1,022 | 90.7% |
| Other Revenue | $ 105 | 9.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Yellow
Yellow Corporation, formerly known as YRC Worldwide Inc., is a leading transportation and logistics company based in Overland Park, Kansas. With a strong presence in North America, Yellow Corporation provides a wide range of specialized transportation services to various industries, including retail, manufacturing, automotive, and e-commerce.
The company traces its origins back to the early 1900s when it was founded as the Yellow Cab and Transit Company, primarily operating as a taxicab service in Oklahoma. Over the years, the company expanded its services, eventually transitioning into the trucking and transportation industry, for which it is most recognized today.
Yellow Corporation operates through its subsidiary companies, which include YRC Freight, Holland, Reddaway, and New Penn. YRC Freight is the largest subsidiary and specializes in long-haul freight transportation services across the United States, Canada, and Mexico. Holland operates as a regional less-than-truckload (LTL) carrier in the central and southeastern United States, while Reddaway serves the western United States. New Penn provides LTL services primarily in the northeastern United States.
The company's extensive network of terminals and distribution centers allows it to efficiently transport goods across its vast coverage area. Yellow Corporation has a fleet of over 12,000 trucks and trailers, along with a large team of experienced drivers and logistics professionals, ensuring reliable and timely delivery of freight.
Yellow Corporation's comprehensive services include LTL, truckload, dedicated, and logistics solutions. LTL services involve the transportation of smaller shipments that do not require a whole truck, allowing businesses to save costs by sharing truck space with other shippers. Truckload services cater to larger shipments that occupy an entire truck, providing a more direct and expedited delivery option. Dedicated services offer customized transportation solutions for specific customer needs, while the company's logistics solutions focus on supply chain management, warehousing, and value-added services.
Furthermore, Yellow Corporation prioritizes sustainability and environmental responsibility in its operations. The company has implemented numerous initiatives to reduce its carbon footprint, such as utilizing more fuel-efficient vehicles, optimizing routes, and employing advanced technologies to enhance fuel efficiency.
In recent years, Yellow Corporation has faced challenges in a highly competitive industry, including increasing fuel costs, tight regulations, and shifting market dynamics. However, the company has demonstrated resilience by implementing strategic adjustments and cost-saving measures to maintain profitability and sustain its market position.
Overall, Yellow Corporation is a well-established transportation and logistics provider with an extensive network, a wide range of services, and a commitment to customer satisfaction and sustainability.
The company traces its origins back to the early 1900s when it was founded as the Yellow Cab and Transit Company, primarily operating as a taxicab service in Oklahoma. Over the years, the company expanded its services, eventually transitioning into the trucking and transportation industry, for which it is most recognized today.
Yellow Corporation operates through its subsidiary companies, which include YRC Freight, Holland, Reddaway, and New Penn. YRC Freight is the largest subsidiary and specializes in long-haul freight transportation services across the United States, Canada, and Mexico. Holland operates as a regional less-than-truckload (LTL) carrier in the central and southeastern United States, while Reddaway serves the western United States. New Penn provides LTL services primarily in the northeastern United States.
The company's extensive network of terminals and distribution centers allows it to efficiently transport goods across its vast coverage area. Yellow Corporation has a fleet of over 12,000 trucks and trailers, along with a large team of experienced drivers and logistics professionals, ensuring reliable and timely delivery of freight.
Yellow Corporation's comprehensive services include LTL, truckload, dedicated, and logistics solutions. LTL services involve the transportation of smaller shipments that do not require a whole truck, allowing businesses to save costs by sharing truck space with other shippers. Truckload services cater to larger shipments that occupy an entire truck, providing a more direct and expedited delivery option. Dedicated services offer customized transportation solutions for specific customer needs, while the company's logistics solutions focus on supply chain management, warehousing, and value-added services.
Furthermore, Yellow Corporation prioritizes sustainability and environmental responsibility in its operations. The company has implemented numerous initiatives to reduce its carbon footprint, such as utilizing more fuel-efficient vehicles, optimizing routes, and employing advanced technologies to enhance fuel efficiency.
In recent years, Yellow Corporation has faced challenges in a highly competitive industry, including increasing fuel costs, tight regulations, and shifting market dynamics. However, the company has demonstrated resilience by implementing strategic adjustments and cost-saving measures to maintain profitability and sustain its market position.
Overall, Yellow Corporation is a well-established transportation and logistics provider with an extensive network, a wide range of services, and a commitment to customer satisfaction and sustainability.
Yellow Corporation, a prominent player in the transportation and logistics sector, offers a diverse range of services and products tailored to the needs of its clients. Below is an extensive description of the various segments, products, and services that Yellow Corporation provides:
Segments
1. LTL (Less Than Truckload) Freight Services:
- Yellow Corporation is a leader in LTL shipping, providing reliable and efficient services for businesses shipping freight that does not require a full truckload.
- Their LTL services utilize a vast network of terminals and experienced freight handlers to ensure timely and safe delivery of goods.
2. TL (Truckload) Freight Services:
- Specializing in full truckload shipping, Yellow Corporation offers dedicated TL services for clients needing to transport larger shipments across longer distances.
- This segment is characterized by its focus on providing consistent capacity and reliable delivery schedules.
3. Logistics and Supply Chain Solutions:
- Yellow Corporation has positioned itself as a comprehensive logistics provider, offering integrated supply chain solutions that optimize the movement of goods from suppliers to customers.
- Their offerings in this segment may include route optimization, inventory management, and freight management services.
4. Intermodal Services:
- To enhance distribution capabilities, Yellow Corporation provides intermodal freight solutions that combine the advantages of different transportation modes (such as truck and rail) to provide cost-effective and efficient shipping options.
- This service helps in mitigating congestion and reduces environmental impact by optimizing transport routes.
5. Dedicated Contract Carriage:
- Yellow Corporation offers dedicated transportation solutions tailored specifically for a client’s requirements, providing exclusive trucks and drivers to service predetermined routes and schedules.
- This model is particularly beneficial for companies looking for consistency, reliability, and reduced transportation costs.
6. Cross-Border Transportation:
- Offering a full suite of transportation services, Yellow Corporation facilitates cross-border shipping for clients looking to extend their market reach into Canada and Mexico.
- Their services ensure compliance with international laws and regulations, benefiting companies engaged in cross-border trade.
Products & Services
1. Freight Transportation Services:
- Flexibility in modes including less-than-truckload (LTL) and truckload (TL) services, accommodating shipment sizes for various client needs.
- Extensive coverage and access to a broad network enhance service reliability and delivery speed.
2. Warehouse and Distribution Services:
- Yellow Corporation operates a variety of warehouses that provide storage solutions and inventory management.
- Value-added services such as order fulfillment, packaging, and pick-and-pack services can also be provided to streamline supply chain operations.
3. Tracking and Visibility Tools:
- Customers benefit from innovative technology solutions that offer real-time tracking of shipments and detailed visibility into each stage of the logistics process.
- These tools empower clients to make informed decisions regarding their supply chains.
4. Freight Management Solutions:
- Yellow Corporation offers comprehensive freight management services aimed at optimizing shipping costs and improving operational efficiency for customers.
- This may include freight auditing, claims management, billing services, and analytics to provide insights into shipping patterns.
5. Specialized Freight Services:
- For businesses needing to transport sensitive or unique cargo (such as hazardous materials or oversized loads), Yellow provides specialized options designed for these requirements, ensuring compliance with regulations and safety standards.
6. Customer Support and Consulting Services:
- The company places emphasis on customer service through dedicated support channels, providing 24/7 assistance to stakeholders throughout all shipping and logistics processes.
- Consulting services are available to aid clients in optimizing their logistics strategies and improving overall efficiency.
Employee Training and Safety Programs:
- Yellow Corporation invests in employee development through training programs focused on safety, operational efficiency, and customer service practices, contributing to overall service quality.
Conclusion
Yellow Corporation’s comprehensive suite of services and products, paired with its extensive industry experience, positions it as a key player in the transportation and logistics landscape. With its dedication to customer service and operational excellence, Yellow Corporation is well-equipped to meet the diverse needs of its clients across various sectors.
Segments
1. LTL (Less Than Truckload) Freight Services:
- Yellow Corporation is a leader in LTL shipping, providing reliable and efficient services for businesses shipping freight that does not require a full truckload.
- Their LTL services utilize a vast network of terminals and experienced freight handlers to ensure timely and safe delivery of goods.
2. TL (Truckload) Freight Services:
- Specializing in full truckload shipping, Yellow Corporation offers dedicated TL services for clients needing to transport larger shipments across longer distances.
- This segment is characterized by its focus on providing consistent capacity and reliable delivery schedules.
3. Logistics and Supply Chain Solutions:
- Yellow Corporation has positioned itself as a comprehensive logistics provider, offering integrated supply chain solutions that optimize the movement of goods from suppliers to customers.
- Their offerings in this segment may include route optimization, inventory management, and freight management services.
4. Intermodal Services:
- To enhance distribution capabilities, Yellow Corporation provides intermodal freight solutions that combine the advantages of different transportation modes (such as truck and rail) to provide cost-effective and efficient shipping options.
- This service helps in mitigating congestion and reduces environmental impact by optimizing transport routes.
5. Dedicated Contract Carriage:
- Yellow Corporation offers dedicated transportation solutions tailored specifically for a client’s requirements, providing exclusive trucks and drivers to service predetermined routes and schedules.
- This model is particularly beneficial for companies looking for consistency, reliability, and reduced transportation costs.
6. Cross-Border Transportation:
- Offering a full suite of transportation services, Yellow Corporation facilitates cross-border shipping for clients looking to extend their market reach into Canada and Mexico.
- Their services ensure compliance with international laws and regulations, benefiting companies engaged in cross-border trade.
Products & Services
1. Freight Transportation Services:
- Flexibility in modes including less-than-truckload (LTL) and truckload (TL) services, accommodating shipment sizes for various client needs.
- Extensive coverage and access to a broad network enhance service reliability and delivery speed.
2. Warehouse and Distribution Services:
- Yellow Corporation operates a variety of warehouses that provide storage solutions and inventory management.
- Value-added services such as order fulfillment, packaging, and pick-and-pack services can also be provided to streamline supply chain operations.
3. Tracking and Visibility Tools:
- Customers benefit from innovative technology solutions that offer real-time tracking of shipments and detailed visibility into each stage of the logistics process.
- These tools empower clients to make informed decisions regarding their supply chains.
4. Freight Management Solutions:
- Yellow Corporation offers comprehensive freight management services aimed at optimizing shipping costs and improving operational efficiency for customers.
- This may include freight auditing, claims management, billing services, and analytics to provide insights into shipping patterns.
5. Specialized Freight Services:
- For businesses needing to transport sensitive or unique cargo (such as hazardous materials or oversized loads), Yellow provides specialized options designed for these requirements, ensuring compliance with regulations and safety standards.
6. Customer Support and Consulting Services:
- The company places emphasis on customer service through dedicated support channels, providing 24/7 assistance to stakeholders throughout all shipping and logistics processes.
- Consulting services are available to aid clients in optimizing their logistics strategies and improving overall efficiency.
Employee Training and Safety Programs:
- Yellow Corporation invests in employee development through training programs focused on safety, operational efficiency, and customer service practices, contributing to overall service quality.
Conclusion
Yellow Corporation’s comprehensive suite of services and products, paired with its extensive industry experience, positions it as a key player in the transportation and logistics landscape. With its dedication to customer service and operational excellence, Yellow Corporation is well-equipped to meet the diverse needs of its clients across various sectors.