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YRC Worldwide provides operational update
Sep. 13, 2019 7:04 AM ET|About: YRC Worldwide Inc. (YRCW)|By: Clark Schultz, SA News Editor
YRC Worldwide (NASDAQ:YRCW) updates on certain operating metrics for the first two months of Q3.
The company says YRC Freight less-than-truckload tonnage per day fell ~3.3% Y/Y in July and LTL tonnage per day decreased ~3.6% compared in August.
LTL revenue per hundredweight and LTL revenue per shipment increased approximately 1.6% and 0.8%, respectively, for the two-month period.
For the regional segment, LTL tonnage per day decreased ~1.5% in July and fell 4.4% in august. Quarter-to-date through August, LTL revenue per hundredweight decreased ~0.4%. LTL revenue per shipment remained flat when compared to last year.
“Our pricing strategy remains disciplined even with the softer overall economy," notes YRC Worldwide CEO Darren Hawkins.
https://seekingalpha.com/pr/1763121...uarter-date-operating-data-third-quarter-2019
Sep. 13, 2019 7:04 AM ET|About: YRC Worldwide Inc. (YRCW)|By: Clark Schultz, SA News Editor
YRC Worldwide (NASDAQ:YRCW) updates on certain operating metrics for the first two months of Q3.
The company says YRC Freight less-than-truckload tonnage per day fell ~3.3% Y/Y in July and LTL tonnage per day decreased ~3.6% compared in August.
LTL revenue per hundredweight and LTL revenue per shipment increased approximately 1.6% and 0.8%, respectively, for the two-month period.
For the regional segment, LTL tonnage per day decreased ~1.5% in July and fell 4.4% in august. Quarter-to-date through August, LTL revenue per hundredweight decreased ~0.4%. LTL revenue per shipment remained flat when compared to last year.
“Our pricing strategy remains disciplined even with the softer overall economy," notes YRC Worldwide CEO Darren Hawkins.
https://seekingalpha.com/pr/1763121...uarter-date-operating-data-third-quarter-2019