YRC Freight Sets 6.9% Rate Increase
YRC Freight said it is raising its rates 6.9%, following recently announced rate hikes of the same amount by several less-than-truckload competitors.
June 27, 2012YRC Freight Plans to Hire 200 Drivers
YRC Freight, the national less-than-truckload unit of YRC Worldwide, said it plans to immediately add 200 over-the-road drivers in 13 locations.
May 18, 2012YRC Selling Stake in Chinese Firm
YRC Worldwide said late Thursday it is selling its stake in Chinese firm Shanghai Jiayu Logistics, its 35% joint-venture partner. Terms were not disclosed.
March 9, 2012YRC Posts $86 Million 4Q Loss in as Costs Outpace Higher Rates, Tonnage
YRC Worldwide Inc.’s efforts to reduce ongoing losses stalled in the fourth quarter, despite higher tonnage and higher rates as costs rose more than revenue.
March 5, 2012YRC Reports Fourth-Quarter Loss
YRC Worldwide reported a fourth-quarter net loss of $86.2 million, or $12.40 a share, compared with a profit of $15.4 million that was aided by an income tax refund in the year-earlier period.
February 28, 2012YRC Rebrands Unit as YRC Freight
YRC Worldwide on Wednesday unveiled its rebranded unit YRC Freight, formerly YRC Inc.
February 1, 2012YRC Sells Truckload Assets to Celadon
YRC Worldwide said late Thursday it has sold “a significant portion” of the assets of its truckload unit YRC Glen Moore to truckload carrier Celadon Group.
December 15, 2011YRC Shareholders Approve Reverse Stock Split
YRC Worldwide’s shareholders approved a reverse split that would boost its per-share price by rolling each 300 shares held into one share.
December 1, 2011YRC Reports 3Q Loss; Names CFO
YRC Worldwide Friday reported a wider third-quarter loss and upgraded its interim chief financial officer to be its permanent CFO.
November 4, 2011YRC Names Two Trucking Chiefs; Eliminates Four Executive Posts
Continuing a recent management shakeup, less-than-truckload carrier YRC Worldwide said it has appointed two executives to key positions and eliminated four executive roles.
September 27, 2011