YRC Worldwide

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.
YRC Freight trucks
10 Dec 2013
James Welch has his work cut out for him. Over the next month, the CEO of YRC Worldwide and president of YRC Freight must convince 26,000 Teamsters to extend wage and benefits cuts they agreed to in 2010 another four years. Welch also needs to get them onboard with new concessions, including greater use of subcontractors and utility workers.
10 Dec 2013
YRC Worldwide is seeking more than an extension of current concessions in its proposal to Teamster employees.
YRC Freight truck
06 Dec 2013
YRC Worldwide’s Teamsters employees will decide whether to extend wage concessions until March 2019, helping the trucking giant to refinance its debt and avoid bankruptcy.
03 Dec 2013
YRC Worldwide is turning to Wall Street for help reducing its massive debt as it works to achieve new long-term agreements with its Teamsters and lenders.
26 Nov 2013
Teamster leaders will meet next week to review a contract proposal from YRC Worldwide and decide whether to submit it to the membership for a vote.
Thumbnail of portion of YRC infographic
25 Nov 2013
A reorganization designed to reduce freight handling, speed shipments and save YRC Freight millions of dollars did just the opposite this summer. Instead, manpower shortages led to higher costs and delayed shipments, driving customers away from the long-haul less-than-truckload carrier and turning a third quarter 2012 operating profit into a $9.7 million loss a year later.
YRC Freight truck
12 Nov 2013
YRC Worldwide fell back into the red in the third quarter after a poorly executed network reorganization hurt service.
YRC Worldwide
07 Nov 2013
YRC Worldwide has asked its International Brotherhood of Teamsters employees to engage in formal negotiations for a contract extension...
05 Nov 2013
YRC Worldwide is asking its Teamster employees to extend their current wage concessions beyond 2015 to help secure restructured financing from its lenders.
YRC Freight trucks
29 Oct 2013
Fresh from a network restructuring and leadership changes, YRC Worldwide will sit down with the Teamsters next month to discuss the LTL operator's future, including its debt obligations.
13 Sep 2013
A federal court in late August left ABF Freight System with a clear choice: the less-than-truckload carrier could drop its struggle to wring $750 million in damages from the Teamsters union and YRC Worldwide, or try to appeal again after having its lawsuit challenging three rounds of union concessions at its competitor dismissed three times in as many years.

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