May 1, 2002

Yellow Corporation CEO to Present at The New York Society of Security Analysts 3rd Annual Trucking and Transportation Industry Conference

OVERLAND PARK, Kan., May 1, 2002 -- Yellow Corporation (Nasdaq: YELL) today announced that William D. Zollars, Chairman, President and CEO will make a presentation at The New York Society of Security Analysts Trucking & Transportation Industry Conference. The conference will be held at the City Athletic Club in New York, NY. He will make the presentation on May 6, 2002 at 10:40 am EDT.

Investors may access a webcast of the presentation at .

Yellow Corporation, a Fortune 500 Company, is a holding company with wholly owned operating subsidiaries. Its largest subsidiary, Yellow Transportation, Inc., 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-based 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.

SOURCE Yellow Corporation


Stephen Bruffett of Yellow Corporation

Suzanne Dawson of Linden Alschuler & Kaplan


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