Winning more favorable terms from its lenders will help YRC Worldwide proceed with a strategic plan to reshape its LTL networks and improve profitability.
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YRC Worldwide
YRC Worldwide
YRC Worldwide is the holding company for a portfolio of less than-truckload (LTL) companies, including YRC Freight, a leading transporter of industrial, commercial, and retail goods; New Penn, which provides next-day delivery throughout the Northeastern US, parts of Canada, and Puerto Rico; Holland, which provides LTL shipments in central and southeastern US, and Eastern Canada; Reddaway, which provides next-day delivery throughout the Western US; YRC Reimer, a Canadian provider of commercial transportation services; and HNRY Logistics, which has five service divisions: Truckload Direct, Express Direct, Residential Direct, Engineered Solutions and Contract Logistics.
Webcasts
Sep 24, 2019 2:00PM EDT
Sep 26, 2019 2:00PM EDT
Oct 3, 2019 2:00PM EDT
Press Releases
11 Jul 2019
YRC Worldwide is not merging any of its carriers, but is consolidating back-office functions by closing its New Penn headquarters, and plans to eliminate 'duplicate' terminals.
25 Jun 2019
Lower manufacturing activity, high inventories, and trade wars are flattening the US freight economy, speakers at the SMC3 Connections 2019 conference said.
15 May 2019
With a new five-year contract finally in place, YRC Worldwide is working to recover less-than-truckload shippers who withheld or shifted business in the months before the Teamsters contract was approved.
07 May 2019
Trucking companies say a proposal by New York Governor Andrew Cuomo to charge a fee for vehicles entering a “congestion pricing” zone in Manhattan would drive up costs that would then be passed on to shippers.
03 May 2019
A new contract was approved by 60 percent of YRC Worldwide Teamsters, but the rejection of one supplement holds up ratification.
12 Apr 2019
A tentative contract would give Teamsters at carrier YRC Worldwide an 18 percent wage increase over five years but would still leave wages lower than at competing carriers.
22 Mar 2019
Terms of the tentative pact between the Teamsters union and the largest unionized LTL operator aren’t final yet, but the extension of the current contract until May 31 should reassure skittish shippers.
13 Mar 2019
With the current labor agreement at YRC Worldwide expiring March 31, shippers are anxious for a new contract at one of the largest US LTL operators.
11 Jan 2019
For the first time in a decade, LTL operator YRC Worldwide enters contract talks without an existential threat to its survival looming.
14 Dec 2018
The lawsuit stems from a long-running dispute and investigation into reweighing of military freight.
09 Nov 2018
Shippers search for alternate carriers as rank-and-file union members vote on ‘last, best’ offer from LTL carriers.
13 Aug 2018
Shippers take note: concerning US less-than-truckload trucking companies’ pricing power in contract talks, it’s not the end. It’s not even the beginning of the end.
19 Oct 2017
YRC Worldwide was hit by two hurricanes and a wave of rising transportation costs in the third quarter, forcing it to lower its projected operating profit for 2017.
