On January 24, 2012, Yelawolf released a promotional track with British singer Ed Sheeran titled "You Don't Know (For Fuck's Sake)". The track was for an upcoming collaborative extended play (EP), titled The Slumdon Bridge. On January 31, 2012, a trailer for the EP was released, it featured both artists in a studio recording the EP. In the video Yelawolf revealed the EP was recorded in 10 hours, and included 4 tracks.The Slumdon Bridge, which was released as a free download on Valentine's Day, February 14, 2012, marking Yelawolf's second EP, and his first collaborative project.
On June 16, 2012, in order to commemorate Father's Day, Yelawolf released a song titled "Happy Father's Day". The song was produced by Alabama producer M16. With the track, Yelawolf announced his fifth official mixtape Heart of Dixie.
In August 2012, Yelawolf announced the long-awaited joint EP with Blink-182 drummer Travis Barker, titled Psycho White. The first single to the EP, titled "Push 'Em" features background vocals by Transplants members Skinhead Rob and Tim Armstrong, and was released as a free download on September 12. After several push-backs, the EP was finally released on November 13, 2012. Debuting at #24 on Billboard 200 with first week sales of 15,000. Yelawolf stated that all the tracks on the album will have a music video and during an article with Rolling Stone, both he and Barker hinted at a sequel to the EP.
On March 20, 2012, Yelawolf announced that recording sessions for his third studio album began in June 2012, titled Love Story. Due to a stage diving incident which caused a ruptured spleen, Yelawolf decided to delay the album's recording process. During an interview with DJ Skee, he revealed that a sequel to his 2010's mixtape Trunk Muzik, titled Trunk Muzik Returns, would be released in August after "the dust settles on the Heart of Dixie" but was afterwards delayed. In December 2012, Yelawolf addressed the status of all of his projects in an interview. He also spoke on his upcoming second release, Love Story, and how it would be different compared to his debut effort Radioactive. "With Radioactive, I gave up a lot of creative space, and like I predicted would happen, there were some records that didn't translate to my audience." He stated he would record the album in Nashville and go to Detroit so he and Eminem could finish the album. Yelawolf also said that Trunk Muzik Returns would hopefully released in February 2013, with the date later confirmed.
Slumerican is an American independent record label specializing in hip-hop music. The label was founded in 2012 by Yelawolf. Slumerican's roster includes DJ Paul of Three 6 Mafia, Bubba Sparxxx, and more. It is also responsible for helping launch the career of Rittz. The label also partakes in extensive merchandising, as well as spearheading a premium flagship store in Nashville, Tennessee.