Yellow Corp. trailers sit idle at a YRC shipping facility in North Reading, Mass., Aug. 16.
Photo: BRIAN SNYDER/REUTERSRegarding “Troubled Yellow Files for Bankruptcy” (Business and Finance, Aug. 7): As the trucking company’s chairman and CEO, my father led a talented group of executives and managers who linked together 34 acquisitions and built the largest less-than-truckload motor carrier in America.
Two hallmarks of his leadership are worth noting: Maintaining a healthy balance between growth, profitability and debt, and attaining consensus among senior officers before moving forward with strategic plans and major capital commitments.
This approach benefited customers, employees and shareholders for 42 years.
Persons:
BRIAN SNYDER
Organizations:
Yellow Corp, REUTERS, Finance
Locations:
North Reading, America