YRC Freight

By John D. Schulz · April 29, 2016
The first quarter is typically the slowest period of freight demand for LTL carriers. With a few notable exceptions, that was reflected in first quarter earnings reports of the major publicly held LTL carriers.
By John D. Schulz · April 11, 2016
YRC Freight, the nation’s third-largest LTL carrier with over $3 billion in revenue, is upping the ante in the time-definite market. With the introduction of its “Accelerated” shipping option, YRC says it is cutting transit times by up to one or two days from its standard service.
By John D. Schulz · February 6, 2015
YRC Worldwide, continuing its turnaround under CEO James L. Welch, posted its second straight quarterly profit in the fourth quarter of last year.
By John D. Schulz · August 1, 2014
YRC Worldwide, whose regional and long-haul units provide the second-largest LTL capacity in the trucking industry, narrowed its second-quarter loss to $4.9 million on $1.32 billion revenue, compared with $15.1 million loss on $1.24 billion revenue in the year-ago quarter.
By John D. Schulz · May 1, 2014
YRC swung from consolidated operating income of $9.9 million in the year-ago quarter to a consolidated operating loss of $32.4 million in the 2014 first quarter. That came on operating revenue of $1.211 billion, compared with year-ago revenue of $1.162 billion.
By Jeff Berman · February 27, 2014
In a year that was replete with labor-related and financing issues, less-than-truckload (LTL) transportation services provider YRC Worldwide reported relatively solid earnings for the fourth quarter and 2013 year-end.
By John D. Schulz · January 20, 2014
For YRC Worldwide, it’s onto Plan B in the wake of the stunning rejection of a five-year deal to continue 15 percent wage and benefit cuts by its 26,000 Teamsters workers.
By John D. Schulz · January 10, 2014
For YRC Worldwide, it’s onto Plan B in the wake of the stunning rejection of a five-year deal to continue 15 percent wage and benefit cuts by its 26,000 Teamsters workers.
By John D. Schulz · December 9, 2013
Ballots are going out Tuesday to about 26,000 Teamsters on continuation of a wage and pension concession package that will save the ailing carrier about $100 million annually. Results of the rank-and-file vote will be announced Jan. 8 and could go a long way in determining the future of 80-year-old YRC, which has lost in excess of $2.6 billion in the last decade.
By Jeff Berman · November 13, 2013
The company reported late yesterday that consolidated operating revenue for the quarter—at $1.253 billion—was up 1.3 percent annually, while consolidated operating income fell from $27.3 million to $5.8 million year-over-year.
By LM Staff · September 23, 2013
Less-than-truckload (LTL) transportation services provider YRC Worldwide announced late last week that Jeff Rogers, President of YRC Freight, its largest group, is no longer with the company. Company officials said Rogers will be replaced by YRCW CEO James Welch.
By Jeff Berman · May 21, 2013
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said today that its network optimization plan for YRC Freight, its largest subsidiary, has officially commenced.
By Jeff Berman · May 3, 2013
Following February’s announcement that it had achieved a positive annual operating income in 2012 for the first time in six years, the Overland Park, Kan.-based carrier said today it had a positive first quarter operating income—also for the first time in six years.
By Jeff Berman · April 29, 2013
LM Group News Editor interview James Welch, CEO of YRC Worldwide, about the LTL market, the company’s recently approved change of operations for YRC Freight, its national LTL entity, regional LTL, and YRCW’s plans to continue improving its bottom line, among other topics.
By Jeff Berman · April 25, 2013
YRCW officials said that that the network optimization is a key component of YRC Freight's strategy to continuously improve customer service by reducing the handling of shipments and excess time in transit.

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