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The efficiency drive comes as the company is incorporating a $700 million federal coronavirus-aid bailout
Trucker Yellow Seeks to Steady Finances by Streamlining Operations
One of the biggest trucking companies in the U.S., Yellow will combine its regional and national trucking operations into one unified network, a move the company says will modernize operations, eliminate waste and make it simpler for customers such as Walmart to book shipments.
www.wsj.com
“Many times you’ll see customers who have multiple brands backed up to their dock at the same time. That creates inefficiency for them, and frankly it creates inefficiencies for us,” said Yellow President Darrel Harris, who is overseeing the integration. “Imagine them making one phone call and getting one truck with one driver. That’s what they want.”
Yellow plans to integrate its trucking brands by the middle of 2022, a tight timeline for a process that transportation-industry consultants say can be tricky and time-consuming. A previous integration of two national networks after the company’s 2003 purchase of rival Roadway, which eventually created Yellow’s YRC Freight unit, took years to complete.
“Each of their regional carriers has a separate and distinct footprint,” said Mike Regan, co-founder and chief of relationship development with logistics and freight management consulting firm TranzAct Technologies Inc. “If it were that easy, they'd have already done it."