YRC Worldwide

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
Business, Logistics, Top 100

YRC Appoints Jason Bergman Chief Customer Officer

YRC Freight truck and trailers YRC Worldwide Inc.

Jason Bergman has been appointed chief customer officer for YRC Worldwide.

July 10, 2019
Business, Logistics, Top 100

Teamsters, YRC Strike Tentative Deal on Labor Contract

YRC Worldwide truck YRC Worldwide Inc.

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.

Daniel P. Bearth | Senior Staff Writer
March 22, 2019
Business

YRC Worldwide Reports Mixed Financial Results for 3Q

YRC Worldwide truck YRC Worldwide Inc.

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.

Dan Ronan | Associate News Editor
November 1, 2018

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