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.