New labor contract and technology seen as solution for YRC "Yet Welch stressed that, while the carrier "admittedly" took a step backward in its network optimization strategy, YRC Freight isn't planning to make any other changes of this magnitude to it operations in the forseeable future." "Eric Starks, president of research firm FTR Transportation Intelligence, told Fleet Owner that technology is increasingly being viewed as a game changer in terms of long-term productivity enhancements across the trucking landscape". "To help forestall any more "self-inflicted wounds" of this nature, Jamie Pierson, YRC's CFO, said the company is planning to focus more of its near-term capital expenditures on technology investments-especially new handheld devices-to help boost productivity." "This is where we get the most bang for the buck," Pierson explained, "All of our drivers in YRC Freight and our regional companies have handhelds, but we're piloting new ones at (regional carriers) Holland and Reddaway along with YRC Freight. Those will help us improve our load factor and workforce productivity." "Yet YRC's Pierson also noted that the carrier is cutting back on its tractor-replacement effort as a result of its focus on technology investments-a move that worries some industry analysts." "CapEx (capital expenditures) remains one of the biggest issues facing the company, in our view, explained analysts at Wall Street firm Stifel Nicolaus & Co. in a report issued this week on YRC's third quarter performance." "Fleet age remains at elevated levels, and given performance in the quarter, management plans to cut back on what we perceive as already insufficient "normal" CapEx spend, Stifel pointed out. Beyond the obvious maintenance cost issues, we fear that old tractors, and tired overtime drivers may be contributing to inflated BIPD (bodily injuray and property damage) numbers." "FTR's Starks also cautioned that there is no magical single bullet in terms a particular technology package's ability to restore performance and profitability-especially in YRC's case." That's right Jamie, forget about new tractors and trailers, and focus on handhelds! Handhelds will move the freight from point A to point B. Who cares about what kind of junk the drivers and dockmen have to work in! This article is almost laughable when you look at some of those quotes! Do these YRCW execs really know how to move freight? WTF!