Georgia Accident -Yellow Freight 18 Wheeler
Yellow Freight System, Inc. changed its name to Yellow Transportation, Inc. in 2002.
In December 2003 Yellow Corp. acquired Roadway for $1.05 billion, forming Yellow Roadway Corporation. The merger more than doubled revenue; Yellow Corp. posted a 2003 revenue of $3.07 billion, and Yellow Roadway Corp. had a 2004 revenue of $6.8 billion. These revenues continued to increase with the $1.5 billion acquisition of USF Corp. to a high of $9.9 billion in 2006. These increases also saw jumps in profit, which increased from $40 million in 2003 to $184 million in 2004 to a high of $288 million in 2005. Yellow Roadway Corp. also made forays into the international market, particularly China. In September of 2005, the company purchased half of Chinese freight-forwarding company JHJ International Transportation Co. Ltd. and in August of 2008, bought a 65 percent share of Chinese Shanghai Jiayu Logistics Co.
Holding Trucking Companies Accountable for Your Injuries
No
one denies that truck drivers have difficult jobs. However, that does
not excuse them ignoring the regulations that govern their industry.
Many times, their employer will put pressure on them to get to a
destination faster. Those demands result in shortcuts. Those shortcuts
result in tragedy on the roads of Georgia.
Talk to us if you've been in a wreck with a Yellow Freight big rig.