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Jul 24, 2014, 3:04pm CDT UPDATED: Jul 24, 2014, 3:25pm CDT
U.S. DOT: YRC fleet nears federal intervention level
Enlarge Photo
Chris Curry
The chart above displays the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration’s vehicle maintenance scores for carriers that are part of YRC Worldwide Inc., compared with the scores of YRC’s largest competitors in the less-than-truckload industry. A lower score indicates a better state of repair. Any score of more than 75 percent will prompt federal intervention.
Austin Alonzo
Reporter-
Kansas City Business Journal
Email | Twitter | LinkedIn | Google+
YRC Freight’s fleet is in a worse state of repair than most of its main competitors’ fleets, according to figures from the U.S. Department of Transportation.
In fact, the state of the YRC Freight fleet's vehicle maintenance is close to a threshold requiring federal intervention according to statistics from the DOT’s Federal Motor Carrier Safety Administration.
According to the FMSCA’s online safety measurement system database, YRC Freight — called YRC Inc. by the DOT — owns a 71.6 percent vehicle maintenance rating. That rating indicates that about 71.6 percent of the commercial carriers' fleets on the road are rated by the DOT as being in a better state of repair than YRC Freight’s vehicles. The federal intervention threshold is a 75 percent vehicle maintenance rating. A lower rating indicates a better state of repair.
YRC Freight is the largest operating sector of Overland Park-based less-than-truckload carrier YRC Worldwide Inc. (Nasdaq: YRCW). The company’s regional carrier Holland — called USF Holland Inc. by the DOT — owns a 73.1 percent rating. The other regional carriers, Reddaway — called USF Reddaway Inc. — and New Penn — called New Penn Motor Express Inc. — own a 34.5 percent and a 31.2 percent rating, respectively.
YRC’s primary competitors in the less-than-truckload industry have better vehicle maintenance ratings. Con-way Freight Inc.’s fleet is in the best shape, with a 20.1 percent rating. FedEx Freight Inc., UPS Ground Freight Inc., ABF Freight System Inc. and Old Dominion Freight Line Inc. all have ratings between 45 to 55 percent, which are average ratings for the industry.
Page 12|View All
Austin reports about construction, transportation, engineering and architecture.
Industries: Logistics & Transportation
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inShare
0
Email Print
Jul 24, 2014, 3:04pm CDT UPDATED: Jul 24, 2014, 3:25pm CDT
U.S. DOT: YRC fleet nears federal intervention level
Enlarge Photo
Chris Curry
The chart above displays the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration’s vehicle maintenance scores for carriers that are part of YRC Worldwide Inc., compared with the scores of YRC’s largest competitors in the less-than-truckload industry. A lower score indicates a better state of repair. Any score of more than 75 percent will prompt federal intervention.
Austin Alonzo
Reporter-
Kansas City Business Journal
Email | Twitter | LinkedIn | Google+
YRC Freight’s fleet is in a worse state of repair than most of its main competitors’ fleets, according to figures from the U.S. Department of Transportation.
In fact, the state of the YRC Freight fleet's vehicle maintenance is close to a threshold requiring federal intervention according to statistics from the DOT’s Federal Motor Carrier Safety Administration.
According to the FMSCA’s online safety measurement system database, YRC Freight — called YRC Inc. by the DOT — owns a 71.6 percent vehicle maintenance rating. That rating indicates that about 71.6 percent of the commercial carriers' fleets on the road are rated by the DOT as being in a better state of repair than YRC Freight’s vehicles. The federal intervention threshold is a 75 percent vehicle maintenance rating. A lower rating indicates a better state of repair.
YRC Freight is the largest operating sector of Overland Park-based less-than-truckload carrier YRC Worldwide Inc. (Nasdaq: YRCW). The company’s regional carrier Holland — called USF Holland Inc. by the DOT — owns a 73.1 percent rating. The other regional carriers, Reddaway — called USF Reddaway Inc. — and New Penn — called New Penn Motor Express Inc. — own a 34.5 percent and a 31.2 percent rating, respectively.
YRC’s primary competitors in the less-than-truckload industry have better vehicle maintenance ratings. Con-way Freight Inc.’s fleet is in the best shape, with a 20.1 percent rating. FedEx Freight Inc., UPS Ground Freight Inc., ABF Freight System Inc. and Old Dominion Freight Line Inc. all have ratings between 45 to 55 percent, which are average ratings for the industry.
Page 12|View All
Austin reports about construction, transportation, engineering and architecture.
Industries: Logistics & Transportation