SECURITIES AND EXCHANGE COMMISSION


                             WASHINGTON, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT




                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934




Date of Report (Date of earliest event reported)     February 6, 2003
                                                ---------------------




                               YELLOW CORPORATION
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             (Exact name of registrant as specified in its charter)





      Delaware                   0-12255            48-0948788
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(State or other jurisdiction   (Commission          (IRS Employer
      of incorporation)        File Number)      Identification No.)




          10990 Roe Avenue, P. O. Box 7563, Overland Park, Kansas      66207
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   (Address of principal executive offices)                          (Zip Code)




Registrant's telephone number, including area code   (913) 696-6100
                                                   -------------------




                                   No Changes.
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         (Former name or former address, if changed since last report.)










Item 9.  Regulation FD Disclosure

Yellow Corporation (NASDAQ: YELL) announced today that members of the Motor
Freight Carrier Association, including Yellow Transportation, Inc., a subsidiary
of Yellow Corporation, and negotiators for the International Brotherhood of
Teamsters (IBT) will hold a joint press conference today, February 6th, to
announce that they have reached a tentative agreement on a new National Master
Freight Agreement, pursuant to which Yellow Transportation employs its IBT
members. The tentative agreement is subject to ratification by the union
membership.

The press conference is scheduled for 2:00 p.m. Central time in the Penthouse
Ballroom at the Ramada Plaza Hotel O'Hare in Rosemont, Illinois. The conference
may also be heard by telephone by calling (888)422-7015 and entering passcode
311065.












The information in the Current Report is being furnished pursuant to Item 9 and
shall not be deemed "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
that Section. The information in the Current Report shall not be incorporated by
reference into any registration statement pursuant to the Securities Act of
1933, as amended. The furnishing of the information in the Current Report is not
intended to, and does not, constitute a representation that such furnishing is
required by Regulation FD or that the information this Current Report contains
is material investor information that is not otherwise publicly available.




















                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                 YELLOW CORPORATION
                                         ---------------------------------------
                                                    (Registrant)


Date:    February 6, 2003                /s/     Donald G. Barger, Jr.
     -------------------------           ---------------------------------------
                                                 Donald G. Barger, Jr.
                                                 Senior Vice President
                                                 & Chief Financial Officer