LTLs Due to Report 2Q Revenue Growth, Yields; Execs Pleased With First Half of 2017
LTLs benefited from a robust second quarter with revenue growth and stronger volumes and yields year-over-year, according to industry analysts and executives.
YRC Worldwide’s 1Q Loss Widens
YRC Worldwide Inc. said May 1 its first-quarter loss nearly tripled due to factors such as winter weather and claims costs.
YRC Seeks More Cost Cuts from Teamsters
YRC Worldwide Inc. officials are scheduled to meet with the Teamsters union in Dallas on Tuesday in an apparent effort to win support for more concessions, as the carrier has not made enough financial progress from continued losses.
Teamsters Criticize YRC’s Offer to Buy ABF
The Teamsters union strongly criticized YRC Worldwide’s bid to buy ABF Freight System, calling such a potential merger “unconscionable.”
May 10, 2013YRC Posts Positive 1Q Operating Income for First Time in Six Years
YRC Worldwide Friday reported positive first-quarter operating income, the first time it has reported a first-quarter operating profit in six years.
May 3, 2013Teamsters Approve YRC Freight’s Plan to Streamline Network
The Teamsters union and YRC Freight have approved YRC’s plan to streamline its network operations by cutting some terminals and jobs, the two sides said.
April 23, 2013YRC, Machinists Reach Tentative Agreement
YRC Worldwide said it has reached a tentative agreement with the International Association of Machinists on a new contract.
April 18, 2013YRC Narrows 4th-Qtr. Loss, Posts 2012 Operating Profit
YRC Worldwide Inc. said it recorded the first annual operating profit since 2006 and narrowed its fourth-quarter net loss to $35.3 million.
February 18, 2013YRC Reports Smaller Loss, Posts Operating Income for 2Q
YRC Worldwide said Friday its second-quarter loss narrowed and the company reported positive operating income for the period.
August 3, 2012YRC Revamps Network to Cut Transit Times
YRC Freight, the national trucking unit of YRC Worldwide, said it has completed streamlining its less-than-truckload network to accelerate service on all major U.S. freight lanes, a move intended to enhance service.
June 19, 2012