Yellow Reports 4Q Loss Due to Roadway Purchase

Jan. 30, 2004
Yellow Roadway Corp. on Thursday reported a 4Q loss due to the $966 million it spent to buy Roadway. Revenue for the fourth quarter of 2003, excluding Roadway’s revenue, since it was acquired, was $762 million, up from $717 million in the same period in 2002. Including revenue from Roadway operations, consolidated revenue for the fourth quarter of 2003 was $903 million. For the year ended Dec. 31,
Yellow Roadway Corp. on Thursday reported a 4Q loss due to the $966 million it spent to buy Roadway.

Revenue for the fourth quarter of 2003, excluding Roadway’s revenue, since it was acquired, was $762 million, up from $717 million in the same period in 2002. Including revenue from Roadway operations, consolidated revenue for the fourth quarter of 2003 was $903 million.

For the year ended Dec. 31, Yellow Roadway reported revenues of $2.93 billion, excluding Roadway revenue, an 11.6 percent increase over 2002. Consolidated revenues were $3.07 billion.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...