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Saturday, May 28, 2022

Yellow Corp. (YELL) stock gains in the pre-market trading. Why is it so?

Yellow Corp. (YELL) stock surged by 5.3% at the last trading close while the YELL stock continued to rise by 13.96% in the pre-market trading session. There is no recent news being released by YELL regarding this gain in the stock. With local, regional, global, and international capabilities, Yellow Corporation has one of the largest and most robust logistics and less-than-truckload networks in North America. Yellow Corporation provides industry-leading skills in scalable supply chain strategies through our teams of seasoned service professionals, ensuring that consumers can ship manufacturing, commercial, and retail products with confidence. 


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What is happening?

On April 1, 2021, YELL announced they are delighted to recognize their drivers who, by 2020, have driven at least 3,000,000 miles without causing a single preventable accident. The CEO of YELL, Darren Hawkins said that they are highly pleased to their drivers for their unrivaled professionalism and diligence in achieving these amazing million-mile milestones. Also mentioned that they have some of the best drivers in the business, and they are extremely proud of their continued commitment to safety and service.

From 2008, more than 230 Yellow drivers have driven a total of 3,000,000 miles in a healthy manner. Five drivers have achieved the feat of traveling 5,000,000 safe miles in the last decade, which is roughly equivalent to 11 journeys to the moon and back.

Also,

The YELL’s Vice President of Safety, Tamara Jalving said that by working closely, they recognize and monitor visibility to champion protection in everything they do. It is genuinely the focus of how they operate on a day-to-day basis in all job functions. And lastly, he added that YELL is extremely thankful to all of their amazing Million Miler drivers, and congratulated them on reaching this remarkable safety milestone.

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