Introduction Home Yellow is Number One Three components. One company. One-Stop Shopping Shareholders' Letter Management's Discussion and Analysis Financial Summary Consolidated Balance Sheets Statements of Consolidated Operations Statements of Consolidated Cash Flows Statements of Shareholders' Equity Statements of Comprehensive Income Notes to Financial Statements Independent Auditors' Report Supplementary Information Glossary Officers Corporate Information Board of Directors Back Cover

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Yellow Corporation P.O. Box 7563 Overland Park, KS 66207 913-696-6100 www.yellowcorp.com Independent Auditors KPMG LLP Kansas City, MO Transfer Agent and Registrar Mellon Investor Services P.O. Box 3315 So. Hackensack, NJ 01606 800-851-9677 www.melloninvestor.com Annual Meeting April 17 at 9:30 a.m. Yellow Corporation 10990 Roe Avenue Overland Park, KS 66211 10-K Report Please write to: Manager, Investor Relations Yellow Corporation or see our web site. www.yellowcorp.com

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