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YRC Hit by Slowdown, Makes Leadership Changes

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  • YRC Hit by Slowdown, Makes Leadership Changes

    https://www.truckinginfo.com/346458/...ership-changes

    At YRC Freight, October less-than-truckload tonnage per day dropped by 4.5% compared to October 2018, and November LTL tonnage per day fell by 10.2% compared to a year earlier. Quarter-to-date through November, LTL revenue per hundredweight fell approximately 0.9%, but LTL revenue per shipment was up about 1.8% compared to a year ago.

    In YRC’s Regional segment (Holland, Reddaway, and New Penn), October LTL tonnage per day dropped by 5.7% compared to October 2018, and November 2019 LTL tonnage per day plunged 11.2% compared to a year earlier. Quarter-to-date through November, LTL revenue per hundredweight decreased approximately 0.8% compared to a year ago. LTL revenue per shipment was flat compared to last year.

    Effective immediately, Jamie Pierson is returning to the company as the CFO and a member of the board of directors.

  • #2
    Re: YRC Hit by Slowdown, Makes Leadership Changes

    You mean trucking business is slow ?
    WOW ... I never heard that ... ( according to a few on this board )

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