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Yellow Corporation provides Quarter-To-Date operating data for First Quarter 2023

Yellow Corporation reported certain operating metrics for the first two months of the first quarter of 2023.

For Yellow less-than-truckload (LTL), the percent changes in 2023 from 2022 were:

Shipments per Workday Weight per Shipment Tonnage per Workday Revenue per Hundredweight(a) Revenue per Shipment(a)
January (18.1)% 1.1% (17.2)% 12.9% 14.2%
February (2.5)% 3.9% 1.3% 1.4% 5.4%
QTD (11.0)% 2.3% (9.0)% 7.5% 10.0%

(a)   Includes fuel surcharge

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 by 0.5%. The year-over-year revenue per hundredweight, including fuel, resulted in February followed by 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.