YRC Appoints Jason Bergman Chief Customer Officer
Jason Bergman has been appointed chief customer officer for YRC Worldwide.
July 10, 2019Teamsters, YRC Strike Tentative Deal on Labor Contract
The chief negotiator for the Teamsters union announced that a tentative accord has been reached with YRC Worldwide for a new collective bargaining agreement covering 24,000 drivers and freight handlers at YRC Freight, one of the nation’s largest less-than-truckload carriers, and two of YRC’s regional freight carriers, New Penn Motor Express and USF Holland.
YRC Worldwide Reports Mixed Financial Results for 3Q
YRC Worldwide Inc. posted net income of $2.9 million, or 9 cents a share, a slight drop from $3 million, or 9 cents, in 2017, the carrier reported for the third quarter Nov. 1.
YRC Worldwide Reports Mixed 2Q Earnings Compared With 2017
YRC Worldwide Inc. reported a decline in second-quarter net income, even as operating revenue increased.
YRC Worldwide Reports First-Quarter Loss
YRC Worldwide announced a net loss of $14.6 million in the first quarter, yet the result marked a nearly $11 million improvement when compared with the year-ago period, when it lost $25.3 million, the less-than-truckload carrier announced May 3.
YRC Worldwide Loses $7.5 Million in 4Q 2017
Less-than-truckload carrier YRC Worldwide reported Feb. 1 a fourth-quarter net loss of $7.5 million, the same loss amount reported in the fourth quarter a year ago.
YRC, Union Pacific Execs Laud Tax Reform as Boon for Transportation Industry
ATLANTA — YRC Worldwide CEO James Welch and an executive at Union Pacific predicted that tax reform will drive further economic growth and higher freight demand, but voiced concerns about the future of NAFTA and the continued challenge of attracting younger workers during a logistics conference here.
YRC Profits Plunge 78% in Third Quarter
YRC Worldwide CEO James Welch was hopeful three months ago that the third quarter would be in line with the second quarter, but that was before two hurricanes wreaked havoc in Texas and Florida.
YRC Remains Profitable, but Less So Than in Year-Ago Quarter
LTL carrier YRC Worldwide was profitable during the second quarter, but at a lesser level than during the same time in 2016.
YRC Worldwide Tells Lenders to Expect Sharply Higher Operating Results This Year
YRC Worldwide told its lenders that it expects sharply higher operating income and increased revenues this year as the two sides negotiated terms of some existing debt.