Yellow Corp reports QTD revenue per shipment up 10%

Yesterday evening, the company also reported shipments per workday down 11%. The company further stated: "The year-over-year tonnage per workday result in February followed a 27.4% decrease in February 2022 versus February 2021. On a sequential basis from January 2023 to February 2023, tonnage per workday increased 0.5%. The year-over-year revenue per hundredweight, including fuel, result in February followed a 33.8% increase in February 2022 versus February 2021. On a sequential basis from January 2023 to February 2023, revenue per hundredweight, including fuel, was essentially flat."