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.

12 Dec 2014
Regional LTL carrier Holland commits to hiring 500 veterans, seeking drivers and other workers as the U.S. military reduces its overseas forces.
10 Dec 2014
Labor organizations and retiree advocates are attacking a proposed amendment to the $1 trillion omnibus spending bill that would let troubled multiemployer pension plans cut benefits to vested retirees.
YRC Freight truck driver Alphonso Lewis
02 Dec 2014
The U.S. trucking industry is committing to hire 100,000 military veterans over the next two years to fight a shortage of truck drivers as the military begins to reduce the number of active service members.
01 Dec 2014
Pricing power and advances in technology are spurring innovation in LTL pricing, encouraging carriers to test out dimensional-weight pricing and other alternatives to class-based tariff rates as they seek more dynamic, flexible pricing models.
24 Nov 2014
The nation’s largest regional less-than-truckload carrier is moving to larger digs.
13 Nov 2014
Road and city drivers at a FedEx Freight terminal in Newark, N.J., voted against joining the Teamsters union — the second victory for FedEx Freight in four elections.
Weekly wrap-up: 6 stories on LA-LB congestion
01 Nov 2014
The weekly wrap-up features the Top 10 stories on JOC.com in the past week. Find out what you missed.
31 Oct 2014
The wave of stronger economic activity that produced freight for truckload and less-than-truckload carriers alike in the third quarter lifted tonnage, shipments and revenue at YRC Worldwide, giving the $4.9 billion LTL company a chance to improve profitability.
30 Oct 2014
Universal Truckload executive vice president and soon-to-be CEO Jeff Rogers spent years running LTL trucking companies, but don't call him an 'LTL guy.'
27 Oct 2014
Strong industrial production and manufacturing output mean 'Happy Days' for LTL carriers, despite numerous challenges, the CEO of largest privately owned LTL carrier says.
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.