Yellow reports $43.87 million net loss for September

By Sarah Lizee

Olympia, Wash., Oct. 24 – Yellow Corp. reported a $43.87 million net loss for September on $36,013 of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

To compare, the company reported a $39.08 million net loss for August on $81 of gross income/sales.

The cash balance at the end of September was $62.22 million, up from $32.13 million at the end of August.

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

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