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YRC Worldwide

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November 3, 2017 - Industry News

Earnings Watch: ArcBest Rises, YRC Plummets, USA Ekes Out Profit

Trucking and logistics provider ArcBest reported third quarter numbers showing net income improved a little more than 14.5% to $14.8 million, or 56 cents per share, 2 cents below Wall Street expectations.

Tags: USA Truck, ABF, YRC Worldwide, YRC Freight, ArcBest Corp., Fleet Earnings

August 3, 2017 - Industry News

Earnings Watch: YRC Worldwide Profit Falls, Heartland Profit Slips

Profit for less-than-truckload provider YRC Worldwide Inc. fell nearly 30% in the second quarter from a year earlier, despite increased tonnage per day moved at both its national and regional operations. Heartland Express saw profit and revenue drop, though its operating ratio was the best in two years.

Tags: YRC Worldwide, Heartland Express, Fleet Earnings

May 4, 2017 - Industry News

Earnings Watch: YRC Worldwide 1st Quarter Loss Doubles

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.

Tags: YRC Worldwide, YRC Freight, Fleet Earnings

February 7, 2017 - Industry News

Earnings Watch: YRC Trims Quarterly Loss, USA Truck Moves Into Red

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.

Tags: USA Truck, YRC Worldwide, YRC Freight, Fleet Earnings

January 25, 2017 - Industry News

Earnings Watch: Knight, Covenant, Patriot, YRC Worldwide

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.

Tags: Florida, Economy, Covenant Transport, Patriot Transportation, YRC Worldwide, Knight Transportation, Covenant Transportation Group, Fleet Earnings

October 27, 2016 - Industry News

Earnings Watch: YRC, Universal Truckload Post Smaller Profits

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.

Tags: Economy, YRC Worldwide, YRC Freight, Fleet Earnings, Universal Logistics Holdings

July 29, 2016 - Industry News

Earnings Watch: UPS, YRC, Saia, ArcBest, Universal

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.

Tags: Economy, UPS, ABF, YRC Worldwide, YRC Freight, Saia, UPS Freight, Universal Truckload, ArcBest Corp., Fleet Earnings, Universal Logistics Holdings

April 28, 2016 - Industry News

Earnings Watch: UPS Jumps; YRC Improves; ODFL, Universal Lower

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.

Tags: Economy, UPS, Old Dominion Freight Line, Earnings, UPS Freight, Universal Truckload, Fleet Earnings, YRC Worldwide, YRC Freight

February 4, 2016 - Industry News

Earnings Watch: Hub Group, Roadrunner, ODFL, YRC Worldwide

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.

Tags: Economy, Old Dominion Freight Line, Roadrunner Transportation, YRC Worldwide, YRC Freight, Hub Group, Fleet Earnings

October 30, 2015 - Industry News

Earnings Watch: Celadon, ODFL, YRC Worldwide, ArcBest, Hub Group

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.

Tags: Celadon Trucking Services, Celadon Group, ABF, YRC Worldwide, YRC Freight, Hub Group, ArcBest Corp., Fleet Earnings, Economy, Old Dominion Freight Line, LTL

May 1, 2015 - Industry News

YRC Worldwide Reduces First Quarter Loss

Photo via YRC

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.

Tags: YRC Worldwide, Economy, Quarterly Earnings

February 5, 2015 - Industry News

YRC Worldwide Moves to Bigger 4th Quarter Profit

Photo via YRC.

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.

Tags: Earnings, YRC Worldwide

January 26, 2015 - Industry News

Former Roadway CEO Michael Wickham Dies

Former Roadway CEO Michael W. Wickham passed away last Tuesday Jan. 20, at his home in Palm Coast, Fla. Wickham was 67 years old.

Tags: Obituary, ATRI, People, YRC Worldwide

November 25, 2014 - Industry News

YRC Worldwide’s Holland Moving to New Headquarters

The regional less-than-truckload carrier Holland is relocating its headquarters to a larger facility due to growing business, according to parent YRC Worldwide Inc.

Tags: YRC Worldwide, Holland

October 31, 2014 - Industry News

YRC Worldwide Moves from Third Quarter Loss to Profit

Photo: Evan Lockridge

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.

Tags: Earnings, YRC Worldwide, YRC Freight

September 17, 2014 - Industry News

YRCW Improving, Expecting Better Profits

Photo: Evan Lockridge

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.

Tags: Earnings, YRC Worldwide, LTL

August 26, 2014 - Industry News

YRC’s New Penn Names Foust as New President

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.

Tags: People, YRC Worldwide, New Penn

July 31, 2014 - Industry News

YRC Worldwide Posts Smaller Second Quarter Loss

Photo: Evan Lockridge

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.

Tags: Earnings, YRC Worldwide, YRC Freight

May 1, 2014 - Industry News

First Quarter Losses Widen for YRC Worldwide

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

Tags: Earnings, Teamsters, YRC Worldwide, YRC Freight

March 5, 2014 - Industry News

YRC Freight Restructures, Board Member Resigns from YRC Worldwide

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

Tags: Leadership, People, YRC Worldwide, YRC Freight

February 27, 2014 - Industry News

YRC Worldwide Cuts Yearly Losses, Names New President of YRC Freight

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.

Tags: Leadership, People, Earnings, YRC Worldwide, YRC Freight

February 14, 2014 - Industry News

YRC Worldwide Completes Debt Refinancing

The parent to several trucking companies YRC Worldwide has announced it has closed on the financing of a new $700 million term loan and a $450 million asset-based loan.

Tags: YRC, Teamsters, YRC Worldwide

February 3, 2014 - Industry News

YRC Worldwide Successfully Closes $300 Million Debt Reduction

Trucking company parent YRC Worldwide has successfully completed a series of transactions that will cut its debt by approximately $300 million.

Tags: Drivers, Teamsters, YRC Worldwide, YRC Freight

January 31, 2014 - Industry News

YRC Worldwide Successfully Amends Credit Agreement

YRC Worldwide continues to make progress when it comes to refinancing its debt following a preliminary agreement that was secured last month.

Tags: Teamsters, YRC Worldwide

January 26, 2014 - Industry News

YRC Teamster Members Say Yes to Contract Extension

YRC Worldwide's teamster drivers have voted in favor of an offer that clears the way for a $1.4 billion refinancing plan.

Tags: Teamsters, YRC Worldwide

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