YRC Worldwide

Business, Equipment

CEO Hawkins Says Yellow Well-Positioned as Economy Improves

Darren Hawkins Yellow CEO Darren Hawkins, shown testifying on America's roads in September 2019, says, “Profitable growth is the mission; that’s what we’re all about. This is a good time to be in LTL." (House Transportation & Infrastructure Committee via YouTube)

With hundreds of new tractors and trailers already purchased and more on the way, the company formerly known as YRC Worldwide is poised to be highly competitive in the LTL freight sector, according to its CEO.

Dan Ronan | Associate News Editor
February 5, 2021
Business

YRC Becomes Yellow, Announces Q4 Earnings and Continues Rebuilding Its Fleet

YRC Freight truck Yellow's new name took effect Feb. 4. The company will trade on the Nasdaq exhange under the symbol YELL starting Feb. 8. (Yellow Corp.)

The recently rebranded Yellow Corp. — formerly YRC Worldwide — narrowed annual losses by nearly half even as fourth-quarter losses widened, and said it is bolstering operations through property divestitures and investments in new equipment.

Dan Ronan | Associate News Editor
February 5, 2021
Business, Top 100

YRC Posts Narrowed Q3 Loss, Will Change Corporate Name to Yellow

In 2018 a Yellow truck pulls YRC and Roadway trailers A Yellow truck pulls YRC Freight and Roadway trailers on Interstate 65 in Shepherdsville, Ky., in May of 2018. (John Sommers II for Transport Topics)

YRC Worldwide Inc. narrowed its losses during the third quarter, announced plans to change its name to Yellow and expanded its board of directors.

Jerry Hirsch | Contributing Writer
November 2, 2020
Government, Business, Top 100

YRC Posts Q2 Declines

YRC Freight truck YRC Freight

Losses at YRC Worldwide Inc. widened in the second quarter amid the economic fallout of the COVID-19 pandemic, but the company said federal loans it received under coronavirus relief efforts will help position it to emerge healthier from the downturn.

Jerry Hirsch | Contributing Writer
August 4, 2020
Government, Business, Top 100

YRC Secures Funding Agreements With Lenders, Government

YRC Freight truck YRC Worldwide

Less-than-truckload carrier YRC Worldwide Inc. has reached an agreement with its lenders that will extend until 2024 the terms of $580 million in loans it is using to help improve its business operations.

Dan Ronan | Associate News Editor
July 2, 2020
Business, Top 100

YRC Worldwide Posts Q1 Profit on Reduced Revenue

YRC Freight YRC Freight

YRC Worldwide Inc. swung to a profit in the first quarter, but revenue dipped and the less-than-truckload carrier warned that after gaining a waiver this year, it might not be able to stay in compliance with one of its loan covenants a year from now.

Jerry Hirsch | Contributing Writer
May 12, 2020
Business, Logistics, Top 100

YRC Swings to a Loss for Q4 and 2019

YRC Freight truck YRC Worldwide

YRC Worldwide Inc. posted losses for both the fourth quarter and the year as it was weighed down by the United Auto Workers strike against General Motors Co., facilities closings and weakening freight traffic in its core Midwest market.

Jerry Hirsch | Contributing Writer
February 5, 2020
Business, Logistics, Top 100

YRC Reports $16 Million Loss in Q3

YRC Freight truck YRC Freight

YRC Worldwide reported a net loss of $16 million or negative 48 cents per share, compared with a $2.9 million profit, or 2.9 cents per share in the same period a year ago.

Dan Ronan | Associate News Editor
November 4, 2019
Government, Business, Fuel

YRC’s Darren Hawkins Questions Tolling’s Viability at House Hearing

YRC President Darren Hawkins YRC President Darren Hawkins testifies before House panel Sept. 11. (transportation.house.gov)

WASHINGTON — As policymakers evaluate viable long-term approaches to fund the country’s transportation network, a trucking industry executive warned against relying on tolling.

Eugene Mulero | Senior Reporter
September 11, 2019
Business

New Penn Consolidates Administration in YRC Worldwide’s Kansas HQ

New Penn Motor Express said it will close its administrative office at its Lebanon, Pa., headquarters and consolidate it with the YRC Worldwide field resource center in Overland Park, Kan.

July 11, 2019

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