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LTL carriers, as a group, though, continue to take a pretty nasty knock from the upheavals within the freight market – engendered in no small part by the ongoing troubles of YRC Worldwide.
Though YRC Worldwide secured enough participation in its debt-for-equity exchange last week to postpone a $19 million interest and fee payment as well as to secure a lifeline ...
Trucking’s competitive dynamics changed mightily on July 1 with the U.S. government’s infusion of $700 million in a badly needed financial lifeline for ailing trucking giant YRC Worldwide. YRC ...
YRC Worldwide is the holding company for LTL carriers Holland, New Penn, Reddaway, and YRC Freight along with logistics company HNRY Logistics.
Less-than-truckload carrier YRC Worldwide said late Thursday its logistics unit will pay as much as $75 million to buy a Chinese LTL firm.
A fully ratified, five-year labor contract among less-than-truckload carrier YRC Freight, regional LTL carriers Holland and New Penn Motor Express, and the International Brotherhood of Teamsters ...
OVERLAND PARK, Kan., May 21, 2020 (GLOBE NEWSWIRE) -- (YRCW) YRC Freight has been recognized as 2019 LTL Carrier of the Year by Dick’s Sporting Goods. YRC Freight’s comprehensive network ...
YRC, the fourth largest LTL shipper, received a $700 million Cares loan that gave the Treasury a 30% stake. With YRC shares down 99.9% from their March 2005 high, don't bet on a recovery.
XPO Logistics, who recently purchased Con-way Inc., is suing less-than-truckload competitor YRC Freight over the hiring of several XPO executives and, XPO accuses, stealing confidential company ...
The LTL market continues to support many large e-commerce companies as well as industrial and retail shippers. YRC Worldwide would add a formidable customer list to UPS existing customers.
Financially struggling YRC Worldwide, which collectively represents the second-largest group of carriers in the $43 billion less-than-truckload (LTL) sector, will benefit from closings and reduced ...
The Company’s LTL brands Holland, New Penn, Reddaway and YRC Freight, as well as HNRY Logistics continue to operate under their existing names.