YRC Worldwide loss widens in Q2, but ‘a new day’ is on the way
August 6, 2020
YRC lost $37.1 million in the second quarter on revenue of $1.015 billion, compared with a $23.6 million loss on $1.273 billion in the year-ago second quarter. Operating loss was $4.6 million, which included a $6 million net gain on property disposals. By comparison, operating revenue in the second quarter of 2019 was $1.273 billion and operating income was $14.3 million, which included a $6.2 million net gain on property disposals.
YRCW releases Q1 operating metrics
March 16, 2020
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.”
YRC Worldwide rolls out HNRY Logistics subsidiary
December 5, 2018
Less-than-truckload (LTL) transportation services provider YRC Worldwide said this week it has launched a new entity through the meshing of its LTL network with a freight brokerage and customer-facing transportation management system (TMS).
YRC announces third quarter-to-date operating metrics
September 13, 2018
For YRC Freight, its largest operating unit, tonnage per day fell roughly 3.8% in July on an annual basis, and tonnage per day in August, was down 3.1%.
YRC wins latest five-year wage concession package by 2-to-1 margin
January 27, 2014
YRC Worldwide was given a badly needed financial lifetime when continuation of a five-year wage and pension concession agreement was ratified by a 2-to-1 margin of its Teamsters-covered employees.
Rogers is out as President of YRC Freight
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.
YRC Freight kicks off network optimization plan
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.