Yellow Corp. is engaged with parties interested in sale of Yellow Logistics

Yellow Corporation is exploring opportunities to divest its successful 3PL, Yellow Logistics, and is currently engaged with multiple interested parties regarding the sale of its independent Third-Party Logistics organization. The discussions are active and ongoing. “Yellow Logistics is one of the fastest growing 3PLs in the industry and has been since its inception,” Jason Bergman, president of Yellow Logistics and chief commercial officer at Yellow Corporation said, “Yellow Logistics has proven to be a strategic and reliable partner to its customers and providers. Our deep knowledge of moving freight in multiple modes and knowing how to execute on these solutions reliably and within customers’ budgets adds value and strengthens their supply chains. We are enthusiastic about our team’s ability to help customers accelerate growth for their portfolios.”