Yellow Corporation

Yellow Corporation

Yellow Corporation

Yellow Corporation is a provider of logistics and less-than-truckload (LTL) services. Yellow’s principal office is in Nashville, Tennessee, 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 Yellow Logistics.

Company / Brand Profile

  • Company: Yellow Corporation
  • Parent Company:
  • Headquarters: Overland Park, Kansas
  • Founded Date: 1924
  • Defunct Date: 2023
  • Founders: G.C. “Cleve” Harrell, A.J. Harrell
  • Traded As: NASDAQ:YELL
  • Website: myyellow.com
  • Learn More: Related Content

Subsidiaries

  • Holland
  • New Penn
  • Reddaway
  • YRC Freight
  • Yellow Logistics

Historical Highlights

1924

A.J. Harrell establishes Yellow Transit Company, a trucking operation.

1944

A.J. Harrell sells Yellow Transit, and the company is renamed Yellow Transit Freight Lines.

1951

Yellow declares bankruptcy.

1952

George Powell purchases Yellow Transit.

1965

Yellow acquires Watson-Wilson Transportation System, doubling its size.

1968

Company changes its name to Yellow Freight System Inc.

1992

Company enters the regional less-than-truckload (LTL) market with the purchase of Preston Trucking.

1992

Yellow Freight restructures into a holding company, changing its name to Yellow Corporation. Yellow Transportation is the largest division.

1998

Yellow forms global subsidiary YCS International; the company acquires Action Express and sells Preston Trucking.

1999

Yellow acquires Jevic Transportation.

2003

Company acquires Roadway Corp. The purchase included Roadway’s national operation, Roadway Express, northeast regional LTL subsidiary, New Penn, and Canadian LTL operation, Reimer Express. A new holding company, Yellow Roadway Corporation, was formed based at Yellow’s headquarters in Overland Park to serve as the parent company for both Roadway Corp. and Yellow Corp.

2006

Company acquires USF Corp and its subsidiaries.

Yellow Roadway Corp changes name to YRC Worldwide.

2009

Yellow Transportation and Roadway merge to create YRC Inc.

2012

YRC Inc begins doing business as YRC Freight.

2021

YRC Worldwide returns name to Yellow Corporation.

2023

Yellow Corporation ceases operations.

Yellow Corporation Bankruptcy