Yellow | Yrc Q3 Update Bucks Improving Industry Trends

[Freightmaster1]

Weak midquarter update comes amid restructuring progress

In the past, it wasn’t uncommon for the carrier to have two of its companies operating independently out of the same facility. However, the ratification of its new labor agreement a year ago has provided the company with more flexibility around operations and work rules.

YRC started the year with 351 facilities, shuttering 16 by the close of the second quarter. Those consolidations complemented similar efforts made last year, which resulted in the elimination of approximately 25 terminals. On their Aug.3 second-quarter call, management said they plan to trim a few more by year-end, bringing the total network to roughly 325 service centers.


https://www.freightwaves.com/news/yrc-mid-quarter-update-bucks-improving-industry-trends

 

[wongway]

People maybe should start planning for it , as many many changes are happening fast , but just remember your teamsters brothers & sisters voted this in , so don't worry be happy

 

[Freight Shaker]

I'm just glad to see that there's some transparency here and that they're giving us a preview of how ugly the numbers are going to be.

 

[wongway]

Number's games , same as doing this , results still the same !!