YRC Opens Freight Terminal Near Atlanta
YRC Worldwide has opened a new freight terminal in Conley, Georgia, just south of Atlanta, with 60 new employees, the company announced on an Oct. 27 earnings call.
The 75-door facility is the company’s 259th in the United States, which YRC believes will benefit customers and the freight division.
YRC ranks No. 5 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.
“This facility should allow us to strengthen our customer service in and around the congested Atlanta area in a cost-effective manner and as a good example of our ability to strategically grow and invest in our company when we identify the right opportunity,” said Darren Hawkins, YRC Freight president.
He also told analysts on the call that it began using new software to better handle loading freight based on the delivery route.
“It will also help us know when we have pickups throughout the day they get called in at the last minute and who is the closest driver that has capacity on their trailer to pick up that freight on the most timely basis,” Hawkins said.
While net income at YRC Worldwide dropped 30% year-over-year in the third quarter, the YRC Freight unit actually produced gains. The freight division reported earnings before interest and taxes rose 25% to $20.8 million. Earnings at the YRC regional transportation unit dropped 35%.
