What's new

Yellow | YRC Worldwide Reports 2014 Second Quarter Results

Freightmaster1

Freightmaster1

TB Legend
Credits
603
YRC Worldwide Reports 2014 Second Quarter Results (NASDAQ:YRCW)

"However, profitability for the second quarter was negatively impacted by the network not being fully in cycle which resulted in a decrease in productivities, the re-handling of freight and less than optimal use of purchased transportation. The year-over-year decline in profitability can also be attributed to a $7.5 million increase in expense related to bodily injury claims as well as a $2.9 million increase in cargo claims expense when compared to the second quarter of 2013. The increase in our bodily injury claims expense was driven by an increase in outstanding claims and an increase in development of prior year claims that remain unsettled.

:kicking:
 
Last edited by a moderator:
Hawkins said:
Hawkins also said the company has delivered 13 of the 40 freight dimensioners it planned on acquiring for the YRC Freight network. He said use of the dimensioners, which help pack more freight onto YRC trucks, will help the company
Click to expand...

What the heck is a dimensioners?

Is that a new attachment for the forklifts to pack freight tighter in the trailers...............................................



In other news if you look at the bottom of page 2 our next president is shown.........................
 
Freightmaster1 said:
YRC Worldwide Reports 2014 Second Quarter Results (NASDAQ:YRCW)

"However, profitability for the second quarter was negatively impacted by the network not being fully in cycle which resulted in a decrease in productivities, the re-handling of freight and less than optimal use of purchased transportation. The year-over-year decline in profitability can also be attributed to a $7.5 million increase in expense related to bodily injury claims as well as a $2.9 million increase in cargo claims expense when compared to the second quarter of 2013. The increase in our bodily injury claims expense was driven by an increase in outstanding claims and an increase in development of prior year claims that remain unsettled.

:kicking:
Click to expand...

Purchased Transportation cost more than expected,really.Lets see PTS goes out with 10 deliveries on a lift gate. Makes 2 brings back 8 with one pick up.Guess you be a little more careful of what you give them. No equipment issues either
 
Injuries claims really???? really? gotta find an excuse for something. With so many letters being sent out you'd think that was gonna solve the problem why we didn't make a profit. Lived in my house for twenty years and never knew the mailman name until the last couple of years. Got so many certified warning letters sent to my house lately the mailman knows me by my first name as well as I know his. Tells me I got another one for ya Lou and I tell him "the next one you get from YRC drop it in the sewer, can't even drink my Saturday morning coffee without this YRC BS( warning letter & a posted loss for the quarter) thanks for making my day":coffee1:
 
Wrench97 said:
What the heck is a dimensioners?

Is that a new attachment for the forklifts to pack freight tighter in the trailers...............................................



In other news if you look at the bottom of page 2 our next president is shown.........................
Click to expand...

YRC is committed to installing 38 parcel dimensioners in YRC Freight's distribution centers by the end of 2014. Parcel dimensioners, which are used to sort packages by size and volume, are an important part of YRC's plans because they can more completely fill trailers :couch: once these are installed the revenue will just explode
 
bunch of old sob. what wrong with you all getting hurt and keeping yrc from that big profit
 
Wrench97 said:
What the heck is a dimensioners?

Is that a new attachment for the forklifts to pack freight tighter in the trailers...............................................
Click to expand...
From an article dated 05/01/2014
"YRC is committed to installing 38 parcel dimensioners in YRC Freight's distribution centers by the end of 2014. Parcel dimensioners, which are used to sort packages by size and volume, are an important part of YRC's plans because they can more completely fill trailers.
He said the company will spend three times more on technology in 2014 than it did in 2013 and will continue to use operating leases to acquire revenue equipment — tractors and trailers — that will be delivered in the second half of 2014."


http://www.bizjournals.com/kansasci...actions-disappointments-but-far.html?page=all
 
You have an older workforce at YRC. Guess what? Us old farts are more likely to get hurt as opposed to some young buck! Oh wait a minute! There are more old farts in the trucking ind than there are young bucks! What the hell dose that tell you'z?
Quit your damn *****'in about workers comp! Just be glad us old bastards still wanna work!!!!
 
You must log in or register to reply here.
Top