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  "documentTitle": "Yellow Corporation | Results Presentation Deck | 23 slides",
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  "authorName": "Yellow Corporation",
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  "presentationDate": "2022-02-01 00:00:00",
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  "notes": "The chart uses a stacked bar format for 2019 and 2020, and single bars for 2021 and 2022E.",
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      "text": "CapEx Equivalent (in millions)",
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      "text": "Nearly $600 million invested in capital expenditures from the beginning of 4Q 2020 through the end of 2021. Investments included investments in tractors, trailers, technology, box trucks, containers, liftgates and other assets. The number of tractors acquired during this period was more than 2,400 which is approximately 17% of the fleet. The additions lowered the average age of the tractor fleet by approximately two years. The number of trailers acquired during this period was more than 3,600 which is approximately 9% of the fleet.",
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      "text": "(a) CapEx Equivalent as a percentage of revenue (b) 2020 CapEx Equivalent includes less than $1M of capital value of leases",
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      "text": "Reinvesting in the Business",
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