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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 20, 2001
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YELLOW CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-12255 48-0948788
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
10990 Roe Avenue, P. O. Box 7563, Overland Park, Kansas 66207
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (913) 696-6100
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No Changes.
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(Former name or former address, if changed since last report.)
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Item 5. Other Events
Yellow Freight System, a Yellow Corporation subsidiary (NASDAQ: YELL), today
announced that it will implement a general rate increase averaging 4.9 percent
effective August 1, 2001 for customers not currently on contract rates. The
adjustment affects about half of Yellow Freight's revenue base. The remaining
business is subject to individually negotiated price increases at contract
renewal dates.
Based in Overland Park, Yellow Freight System offers the widest range of
services for transportation and related movement of goods and materials.
Services include: Standard Ground(TM), featuring broad coverage and competitive
service throughout North America; Definite Delivery(TM), a guaranteed on-time
service with 24-by-7 monitoring; Exact Express(TM), a time-definite, expedited,
guaranteed air and ground delivery service and Yellow Global(TM), an
international ocean and air forwarding service. A subsidiary of Yellow
Corporation (NASDAQ: YELL), Yellow Freight System serves more than 300,000
customers and employs 23,000.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
YELLOW CORPORATION
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(Registrant)
Date: July 20, 2001 /s/ Donald G. Barger, Jr.
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Donald G. Barger, Jr.
Chief Financial Officer