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YRC Worldwide Company Profile

YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is the holding company for a portfolio of successful brands including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn, and provides China-based services through its JHJ joint venture. YRC Worldwide has one of the largest, most comprehensive less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence.

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YRC Worldwide
10990 Roe Avenue
Overland Park, Kansas, 66211
United States
(913) 696-6100

YRC Worldwide News & Resources

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YRC Freight rolls out new regional next-day services for mid-South and into Waco, Texas
YRC Worldwide (YRCW) said that its subsidiary, YRC Freight, the fourth largest less-than-truckload (LTL) carrier, has expanded its Regional Next-Day Service to the mid-South region and also into Waco, Texas. The company said that offering up more two-day lanes between the mid-South and Texas serves as the most recent example of YRC’s enterprise network optimization strategy.

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U.S. Treasury injects YRC Worldwide with $700 million for 30% equity stake
The U.S. government entered the $46 billion less-than-truckload (LTL) industry by effectively purchasing 30% of financially troubled LTL giant YRC Worldwide in exchange for a badly needed $700 million cash infusion.

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YRCW releases Q1 operating metrics
YRCW officials said that as detailed in its most recent Form 10-K, as it progresses through its previously discussed enterprise transformation, “the company will be reporting its five brands, which were formerly reported as two segments, now as one company on a consolidated basis.”

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YRC Freight makes spoke additions to its Regional Next-Day Texas service offerings
YRC Freight Regional Next-Day Texas service will now include Fort Worth and Garland, with company officials noting that this service expansion marks the most recent step in the YRCW enterprise network optimization strategy.

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Less than Truckload (LTL) Outlook 2020: Full recovery on the horizon?
A recovering industrial economy, “improving” inventory levels and higher rate forecasts buoy top LTL carrier optimism for 2020.

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YRC loss widens in 4Q, full year losses hit $104 million
YRC’s total revenue for last year fell 3.4% to $4.871 billion from $5.092 billion in 2018. YRC reported consolidated operating revenue for fourth quarter 2019 of $1.16 billion and consolidated operating income of $9.8 million. By comparison, in the fourth quarter 2018, YRC reported operating revenue of $1.247 billion and consolidated operating income of $55.1 million.

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YRC dips into red ink in Q3, posting $16 million loss in quarter
After earning $2.9 million in the 2018 third quarter, YRC sustained a $16 million net loss in the most recent quarter. The quarterly loss was exacerbated by an $11.2 million loss on extinguishment of debt associated with a refinancing of the term loan agreement, which resulted in a negative impact of $0.34 cents per share for the third quarter 2019.

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YRC Freight rolls out next-day service in Texas
YRC Freight said that it has introduced a new next-day service entitled YRC Freight Regional Next-Day Texas, that moves freight within Texas on a next-day basis.

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YRC Worldwide issues Q2 operating metrics through May
Overland Park, Kan.-based national less-than-truckload (LTL) transportation services provider YRC Worldwide, parent of the fourth- and seventh-largest trucking entities in the LTL sector, released some operating metrics for the first two months of the second quarter.

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Rough winter weather, labor talks throw YRC units for loss in first quarter
YRC reported consolidated operating revenue for first quarter of $1.182 billion and a consolidated operating loss of $31.7 million, which included a $1.6 million net loss on property disposals. By comparison in the year-ago quarter, YRC posted operating revenue of $1.215 billion and consolidated operating loss of $4.3 million. That loss included a $3.2 million net loss on property disposals.

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Let’s play ball! Teamsters down to the wire in talks with YRC over new contract
As baseball season is upon us, negotiators for the Teamsters and YRC Freight units are in the bottom of the ninth inning in their attempt to nail down a new five-year labor contract. Both labor and management are under strong pressure to hit a home run in the YRC talks. The Teamsters would like to restore a 15 percent wage and 75 percent cut in pension concessions made a decade ago in order to lay claim to what Teamsters President James P. �...

While No Cure-All, Possibility of Driverless Trucks Offers Hope for Truck Driver Crisis
The era of driverless trucks – or autonomous vehicles, as they are known euphemistically – may be a lot closer to reality than many people think.

2015 State of Logistics Less-than-Truckload
Shippers should expect rate increases in the 3 percent to 5 percent range, higher in some geographic lanes, depending on a shipper’s individual freight profile with its carriers.

YRC Worldwide Q4 and 2013 earnings mostly show gains
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.

‘Stable’ YRC wins $1.1 billion refinancing, saving $40-50 million in annual interest costs
YRC Worldwide, in a major refinancing aimed at lowering its annual interest payments and increasing liquidity for badly needed recapitalization, has refinanced approximately $1.1 billion in debt under much more favorable terms for the 90-year-old trucking company.

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