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 | Staff 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
Business, Logistics, Top 100

YRC Worldwide Reports Mixed 2Q Earnings Compared With 2017

YRC Worldwide truck TT file photo

YRC Worldwide Inc. reported a decline in second-quarter net income, even as operating revenue increased.

Dan Ronan | Associate News Editor
August 2, 2018
Business

YRC Worldwide Reports First-Quarter Loss

YRC Freight truck carrying a load TT File Photo

YRC Worldwide announced a net loss of $14.6 million in the first quarter, yet the result marked a nearly $11 million improvement when compared with the year-ago period, when it lost $25.3 million, the less-than-truckload carrier announced May 3.

Dan Ronan | Associate News Editor
May 3, 2018
Business

YRC Worldwide Loses $7.5 Million in 4Q 2017

YRC Freight trailers YRC Worldwide Inc.

Less-than-truckload carrier YRC Worldwide reported Feb. 1 a fourth-quarter net loss of $7.5 million, the same loss amount reported in the fourth quarter a year ago.

Burney Simpson | Staff Reporter
February 2, 2018
Business, Logistics

YRC, Union Pacific Execs Laud Tax Reform as Boon for Transportation Industry

From right: Jack Welch of YRC Worldwide, Jason Hess of Union Pacific, Ted Prince of Tiger Cool Express YRC's Welch (from right), Union Pacific's Hess and panel moderator Ted Prince of Tiger Cool Express discuss challenges and prospects for the transportation industry in 2018. (Seth Clevenger/Transport Topics)

ATLANTA — YRC Worldwide CEO James Welch and an executive at Union Pacific predicted that tax reform will drive further economic growth and higher freight demand, but voiced concerns about the future of NAFTA and the continued challenge of attracting younger workers during a logistics conference here.

Seth Clevenger | Managing Editor, Features
January 23, 2018

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