Yellow reports $3.07 million net loss for March

By Sarah Lizee

Olympia, Wash., April 24 – Yellow Corp. reported a $3.07 million net loss for March on $1.49 million gross income/sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $1.25 million net income for February on $841,698 gross income/sales.

The cash balance at the end of March was $356.88 million, up from $351.54 million at the end of February.

Yellow is a provider of regional, national and international shipping services based in Nashville. The company filed bankruptcy on Aug. 6, 2023 under Chapter 11 case number 23-11069.

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