Transport Topics

The company formerly known as YRC Worldwide, now going by Yellow Corporation, released its first earnings report since its name change, reporting Q4 net losses widened to $18.7 million compared with a loss of $15.3 million in 2019. Other trucking companies fared better, however. Universal Logistics Holdings reported its highest fourth-quarter earnings on record, showing net income of $16.2 million, a 59.9% increase compared with $8.7 million in 2019. USA Truck posted record fourth-quarter earnings too, listing net income of $5.9 million compared with a net loss of $4.8 million during the same time the previous year. Learn more about your ad choices. Visit podcastchoices.com/adchoices