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.

24 Mar 2015
YRC Worldwide is preparing to shed some old equipment and replace it with new tractor-trailers. The $5.1 billion less-than-truckload operator is trading up both trucks and technology, CEO James Welch said at the Truckload & Logistics Council’s 41st annual conference here Monday.
FedEx Freight truck
16 Mar 2015
Truck drivers at the Stockton, California terminal of FedEx Freight, the largest U.S. trucking company, voted to join the Teamsters union, making Stockton the fourth terminal to go union since the start of an organizing campaign last fall. However, six terminals have rejected the union, and the Teamsters have withdrawn six election petitions.
06 Feb 2015
Expedited business is up 10 percent year-over-year at regional Western trucking company Reddaway, thanks in part to extreme delays at West Coast ports.
04 Feb 2015
Regional less-than-truckload carrier Reddaway is the latest trucker to offer an accelerated service option as port congestion and tight truck capacity challenge time-definite supply chains.
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.