YRC Worldwide

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.

15 Oct 2014
The Teamsters union is intensifying efforts to organize truck drivers and other workers at FedEx Freight and Con-way Freight, the two largest U.S. less-than-truckload trucking companies.
25 Sep 2014
The Carlyle Group took advantage of a short spike in YRC Worldwide's stock price last week to sell more than 4 million shares for $89.4 million.
Weekly wrap-up: Mega-alliances, LA-LB issues and trucking growth
20 Sep 2014
Issues at the Los Angeles-Long Beach were on JOC.com readers’ minds this week, along with mega-alliances and growth in the trucking industry.
17 Sep 2014
An influx of freight and higher rates is boosting third-quarter profitability at YRC Worldwide, the company said Tuesday.
10 Sep 2014
A fundamental improvement in the industrial U.S.
25 Aug 2014
YRC Freight upgraded three terminals to distribution centers to help better manage higher freight volumes, completing a process begun in June in time for the fall peak shipping season.
22 Aug 2014
After five years with Roadrunner Transportation Systems, Donald R. Foust returned to YRC Worldwide as president of New Penn, the $4.9 billion trucking operator’s Northeastern subsidiary.
Weekly wrap-up for August 2, 2014
02 Aug 2014
Port Metro Vancouver’s penalty system for terminals is cutting truck turn times and drawing attention from other North American ports struggling with drayage challenges. And congestion seen earlier this year at Rotterdam has continued, prompting diversions and surcharges, and the congestion is spreading to other ports in the North Europe range.
01 Aug 2014
At times, there can be such a thing as too much freight. When total shipments per day at YRC Freight rose 4.8 percent in the second quarter, and freight tonnage was up 5.9 percent year-over-year, the increase meant more hiring, more handling and higher operating costs.
First Half in Review
01 Aug 2014
The first half of 2014 saw the start of several stories that JOC.com will most likely be covering for the next year and perhaps beyond.
14 Jul 2014
William R. Davidson, a veteran Teamsters labor relations official with decades of hands-on less-than-truckload experience, will join the YRC Worldwide board of directors.
Boxes on pallets
26 Jun 2014
NAPLES, Fla. — Expanded use of dimensional pricing in ground package shipping will push more less-than-truckload carriers to test or offer dimensional pricing as an option to shippers, according to speakers at the SMC3 Connections 2014 conference here June 23-25.