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  1. #1
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    27,283
    Rep Power
    1166

    Default Yrc Worldwide 4th Quarter

    OVERLAND PARK, Kan.,*Dec. 11, 2019*(GLOBE NEWSWIRE) --*YRC Worldwide Inc.*(NASDAQ: YRCW) reported certain operating metrics for the first two months of fourth quarter 2019.

    At YRC Freight,*October 2019*less-than-truckload (LTL) tonnage per day decreased approximately 4.5% compared to*October 2018*and*November 2019*LTL tonnage per day decreased approximately 10.2% compared to*November 2018. Quarter-to-date through*November 2019, LTL revenue per hundredweight decreased approximately 0.9% and LTL revenue per shipment increased approximately 1.8% compared to a year ago.

    At the Regional segment,*October 2019*LTL tonnage per day decreased approximately 5.7% compared to*October 2018*and*November 2019*LTL tonnage per day decreased approximately 11.2% compared to*November 2018. Quarter-to-date through*November 2019, LTL revenue per hundredweight decreased approximately 0.8% compared to a year ago. LTL revenue per shipment remained flat when compared to last year.

    “The industrial freight slowdown, which started its decline more than 14 months ago, has created a freight volume headwind,” said*Darren Hawkins, Chief Executive Officer at YRC Worldwide.* “The year over year comparisons for November were impacted due to operating conditions at a primary competitor in November of last year and later*Thanksgiving*impacting retail. The December tonnage per day levels are trending more in line with October results from a year over year comparison.”




    YRC Worldwide Provides Quarter-To-Date Operating Data for Fourth Quarter 2019 | YRC Worldwide Inc.

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  2. #2
    Retired !

    Join Date
    Feb 2009
    Local Union
    107
    Employer
    Retired - New Penn
    Location
    South Jersey
    Posts
    16,839
    Rep Power
    366

    Default Re: Yrc Worldwide 4th Quarter

    When truckling slows down, so to does the economy.

 

 

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