---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-040179"
form_type: "8-K"
ticker: null
cik: "0000716006"
company_name: "Yellow Corp"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:46:46.525146+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Yellow Corp files Chapter 11 bankruptcy; Nasdaq to delist stock Aug 16

## Summary
- Net loss of $14.7M ($0.28/sh) vs net income of $60.0M ($1.17/sh) in Q2 2022.
- Operating revenue fell 21% YoY to $1.127B; operating income of $38.9M included $75.9M gain on property disposals.
- Company filed voluntary Chapter 11 petitions on Aug 6, 2023; does not intend to appeal Nasdaq delisting.
- Nasdaq staff commenced delisting proceedings on Aug 7; trading to be suspended at open Aug 16.
- Workforce reduction implemented across all areas prior to Chapter 11 filing.

## SEC filing metadata
- accession: 0000950170-23-040179
- form_type: 8-K
- cik: 0000716006
- company_name: Yellow Corp
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716006/000095017023040179/0000950170-23-040179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716006/000095017023040179/yell-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-040179
- JSON: https://secwatch.observer/filing/0000950170-23-040179.json
- Plain text: https://secwatch.observer/filing/0000950170-23-040179.txt

## Key facts
- Earnings Releases
  Yellow Corp reported the second quarter ended June 30, 2023 results: revenue $1.127 billion, net income $14.7 million, EPS $0.28 per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $1.127 billion
  - Net income: $14.7 million
  - EPS: $0.28 per share
  - Result: reported results
  source text: Operating revenue was $1.127 billion and operating income was $38.9 million which included a $75.9 million gain on property disposals. In comparison, operating revenue in the second quarter of 2022 was $1.424 billion and operating income was $99.2 million which included a $3.2 million net gain on property disposals. Net loss for second quarter 2023 was $14.7 million, or $0.28 per share, compared to net income of $60.0 million, or $1.17 per share in the second quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/716006/000095017023040179/0000950170-23-040179-index.htm
- Listing & Compliance Notices
  Yellow Corp received a nasdaq delisting notice notice regarding other (rules 101, 5110(b), IM-5101-1).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 101, 5110(b), IM-5101-1
  source text: August 7, 2023, the Company was notified by the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) that it commenced proceedings to delist the common stock of the Company, par value $0.01 (the “Common Stock”) pursuant to Nasdaq Listing Rules 101, 5110(b) and IM-5101-1, and has determined that the Common Stock will be delisted from the Nasdaq due to the Company’s filing of a voluntary cases under Chapter 11 of the Bankruptcy Code. The Company does not intend to appeal the determination and, therefore, it is expected that its Common Stock will be delisted, which
  evidence_url: https://www.sec.gov/Archives/edgar/data/716006/000095017023040179/0000950170-23-040179-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.