YRC Worldwide

YRC Worldwide is an American transportation company that offers shipping of industrial, commercial, and retail goods. Founded in 1924 with headquarters in Overland Park, Kansas, the company reported 2013 revenue of $4.86 billion, up 0.3 percent year-over-year. The company also recorded a net loss of $83.6, down from the previous year’s net loss of $136.5 million.

YRC Worldwide and its subsidiaries — YRC Freight, YRC Reimer,Reddaway, Holland and New Pennemploy 32,000 individuals worldwide and serve over 200,000 customers, delivering approximately 22 million shipments annually. The transportation company specializes in heavyweight shipments and supply chain solutions through utilizing a fleet of approximately 8,500 tractors and 33,000 trailers.

2013 was the seventh straight year of net losses for YRC Worldwide. Combined, the less-than-truckload operator’s annual losses since 2007 total $3.1 billion. However, YRC Worldwide also reported its second consecutive annual operating profit — $28.4 million — following a $24.1 million operating profit in 2012.

01 Aug 2016
Despite lower volumes, many LTL carriers say they are still winning contractual rate increases.
02 May 2016
At a time when many transport operators say prices are being beaten down, less-than-truckload freight haulers in the U.S. are winning rate increases in annual contract bids.
19 Feb 2016
Third-party logistics providers already control about 25 percent of the less-than-truckload freight market, and that share is growing, as shippers look for 3PLs with assets and broad portfolios.
08 Feb 2016
XPO Logistics will not sell its truckload division, but use the former Con-way Truckload to increase its U.S.-Mexico cross-border business.
05 Feb 2016
Lower freight volumes drove YRC Freight to a loss in the fourth quarter, but the loss wasn’t enough to erase gains the less-than-truckload carrier made throughout the rest of 2015.
27 Jan 2016
Departures, both voluntarily and otherwise, in the wake of XPO Logistics’ takeover of Con-Way last year are leading to a migration of some executives to XPO's rival YRC Worldwide and leaving others in limbo.
21 Nov 2015
Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
30 Oct 2015
YRC Worldwide drove further into the black in the third quarter, raising net profit at its national and regional less-than-truckload carriers.
28 Oct 2015
Shippers are likely to rely more on smaller shipments and fast-cycle replenishment to reduce overstocked inventories, and that's an opportunity for less-than-truckload operators, YRC Freight says.
26 Aug 2015
A new 110-door terminal in Grand Rapids, Michigan is one step in a plan to speed freight flow system-wide at YRC Worldwide subsidiary Holland. The regional carrier is also developing new cross-dock technology to better blend digital data and physical freight.
13 Aug 2015
The 28 percent drop in retail diesel fuel prices in the second quarter cut shipper transportation expenses and boosted trucking profits, with the publicly owned motor carriers tracked by JOC.com increasing their combined operating profit by 13 percent. Higher sustainable profits in turn fuel the expansion of capacity needed by shippers.
05 May 2015
There’s a silver lining in every sky-high stack of containers — if you’re an expedited trucking company. For carriers that move goods quickly by any and all means possible, the container logjam that built up during the West Coast port labor dispute was simply a bonanza.