September 17, 2002

Yellow Corporation Schedules Investment Community Conference Call For October 22, 2002

OVERLAND PARK, Kan., Sep 17, 2002 -- A teleconference review of Yellow Corporation (Nasdaq: YELL) third quarter 2002 financial results has been scheduled for October 22, 2002, beginning at 9:30 a.m. EDT, 8:30 a.m. CDT. Third quarter earnings will be released after the market close on Monday, October 21.

Hosting the teleconference will be: Bill Zollars -- Chairman, President and CEO, Yellow Corporation; Don Barger -- Chief Financial Officer, Yellow Corporation; James Welch -- President, Yellow Transportation; and Jim Ritchie -- President, Meridian IQ.

To participate, please dial 1.888.609.3912. Callers should dial in 5 to 10 minutes prior to the start of the call.

The conference call will be webcast live via StreetEvents at and via the Yellow Corporation Internet site .

An audio playback will be available two hours after the call ends until October 31 by calling 1.800.642.1687 and then entering the access code, 5678772. An audio playback also will be available for 30 days after the call via the StreetEvents, and Yellow Corporation web sites.

Yellow Corporation, a Fortune 500 Company, is a holding company with wholly owned operating subsidiaries. Its largest subsidiary, Yellow Transportation, offers a full range of national, regional and international services for the movement of industrial, commercial and retail goods. SCS Transportation provides overnight and second-day LTL and selected TL services to a broad range of industries. Meridian IQ is a non-asset based company using web-native technology to provide customers a single source for transportation management solutions and global shipment management. Headquartered in Overland Park, Kansas, Yellow Corporation employs approximately 28,000 people nationally.

SOURCE Yellow Corporation

CONTACT: analysts, Stephen Bruffett of Yellow Corporation,
+1-913-696-6108, or ; or media,
Suzanne Dawson
of Linden Alschuler & Kaplan, +1-212-329-1420, or


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