The nationwide less-than-truckload carrier YRC Freight this week said it began making changes in its network that will result in the closing of nearly 30 terminals and three distribution centers.
This reorganization is expected to save the company up to $30 million per year.
"Our primary goal is to provide our customers with consistent, reliable, damage-free service," said Jeff Rogers, president of YRC Freight. "The change in operations we are implementing today will give our customers an improved experience when they ship with us."
The changes will result in the company having 266 terminals. It will also result in a net loss of about 230 Teamster jobs at the company, though a higher number of driver and terminal jobs are being affected with workers being switched to other locations.
The move by YRC Freight is part of comprehensive reorganization plan it has implemented resulting in belt tightening by workers and management as the company has slowly turned around from massive financial losses over the years and has returned to being profitable.