YRC Worldwide

Financial losses for YRC Worldwide Inc., parent to both national and regional less-than-truckload carriers, more than doubled in the first quarter of the year despite a small upturn in revenue.

The parent of less-than-truckload carrier YRC Freight and others managed to reduce its losses in the final quarter of 2016 while a truckload carrier reported a loss for both the final three months of last year and all of 2016.

The latest batch of fleet earning reports from the fourth quarter are in, with three major fleets reporting revenue dips and a fourth signaling that it will have similar news when its formal report is released next month.

Earnings for the parent of the mainly less-than-truckload carrier YRC Freight and others turned in a smaller third quarter numbers late Thursday, while one logistics operator also reported its profit is down from a year ago.

The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.

UPDATED -- Another day, another raft of earnings reports on Thursday from the nation’s publicly owned trucking companies. Continuing a trend this first quarter, the companies' numbers are as varied as the services they offer.

Multi-modal freight transporter Hub Group Inc. has reported increases in fourth quarter 2015 and full year profits as revenue for both periods drifted lower for the Illinois-based operation.

More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.

Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.

The parent to several trucking companies, including YRC Freight, released earnings Thursday showing an improvement in the fourth quarter, but the company was still in the red for all of last year.

Trucking operation YRC Worldwide turned its business around in the third quarter of the year, going from a $44.1 million net loss a year ago to a net profit of $1.2 million.

YRC Freight CEO James Welch said while business in the first half of the year kept pace with its forecast, improvements are taking longer than originally anticipated at the national less-than-truckload carrier.

Former Roadrunner executive Donald R. Foust has been named as the new president of YRC Worldwide’s regional less-than truckload operation New Penn, according to a filing with the Securities and Exchange Commission.

YRC Worldwide Inc. cut it second quarter net loss to $4.9 million, or 16 cents per share, from $15.1 million, or $1.72 per share, from the same time a year ago.

The parent company to the carrier YRC Freight and others moved to a bigger loss in the first quarter of the year.

New YRC Freight president Darren Hawkins is shaking up things with the less-than-truckload carrier by reorganizing its management.

The parent to several trucking companies including YRC Freight managed to squeeze out a profit in the final quarter of last year, but still lost money for all of 2013.