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.

10 Sep 2014
A fundamental improvement in the industrial U.S.
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.