YRC Worldwide

By John D. Schulz · November 7, 2013
Financially struggling YRC Worldwide Inc., parent of the second-largest LTL carrier in the nation that has lost more than $2.6 billion in the last six years, has initiated discussions with the International Brotherhood of Teamsters in seeking another round of wage and benefit concessions.
By LM Staff · September 3, 2013
Late last week, the United States Court of Appeals for the Eighth Circuit affirmed the lower court’s decision to dismiss a complaint by less-than-truckload carrier ABF Freight System against the International Brotherhood of Teamsters and various subsidiaries of less-than-truckload transportation services provider YRC Worldwide, ABF said today.
By John D. Schulz · May 16, 2013
ABF Freight System, the nation’s sixth-largest LTL carrier, has a framework for a new five-year labor agreement with the Teamsters union. Neither side is discussing details of the deal, which still must be ratified by between 6,000 and 7,500 ABF workers.
By Jeff Berman · May 9, 2013
ABF says it is focused on its ongoing labor negotiations and other strategic and operational initiatives and that a transaction with YRC is not appropriate at this time.
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.
By Jeff Berman · March 1, 2013
YRC Freight, the largest subsidiary of less-than-truckload transportation services provider YRC Worldwide, said this week that it completed an agreement with Clean Energy Fuels Corp. in which it will buy four liquefied natural gas (LNG) trucks to be used in Southern California.
By John D. Schulz · November 2, 2012
Posting sharply improved third quarter operating results in the 15th month under new CEO James L. Welch, YRC Worldwide reported Friday an operating profit of $27.3 million on top of a $15.5 million operating profit in the second quarter.
By Jeff Berman · August 3, 2012
Based on today’s second quarter earnings announcement from less-than-truckload (LTL) transportation services provider YRC Worldwide, business conditions are continuing to gradually improve for the Overland Park, Kan.-based carrier.
By Jeff Berman · June 27, 2012
Company officials said this GRI, which takes effect on July 9, will cover non-contractual shipments in United States, Canada and Mexico, with rates increasing by an average of 6.9 percent, varying by lane and shipment type.
By Jeff Berman · May 16, 2012
YRC Freight President Jeff Rogers said the decision to add drivers is due to the fact that “YRC Freight is growing and our volumes are building.”
By John Schulz · May 3, 2012
The Overland Park, Kan.-based carrier reported that its quarterly consolidated operating revenue—at $1.194 billion—was up 6.4 percent annually, while its consolidated operating loss—of $48.8 million—included an $8.4 million loss on asset disposals.
By Jeff Berman · March 20, 2012
YRC Freight, a subsidiary of less-than-truckload transportation services provider YRC Worldwide, recently had its proposed change of operations plan approved by the Teamsters Union, according to a trucking industry message board and Teamsters for a Democratic Union (TDU).
By Jeff Berman · March 9, 2012
With a close eye on regaining North American market share, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said yesterday it has sold its interest in Shanghai Jiayu Logistics Co. Ltd. to its 35 percent joint venture partner.

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