YRC Sells Part of YRC Logistics for $34 million

November 24, 2009: YRC has sold a specialized unit within YRC Logistics to Greatwide Logistics Services for $34 million, in a move to raise cash and downsize YRC's footprint. The contract carriage unit primarily serves five large customers, and accounts for about 15% of YRC Logistics' revenue. YRC will retain the great majority of the YRC Logistics operation.

Read more about the sale here.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Members Vote for a New Beginning in Local 96

Washington Gas utility workers have voted in new leadership in Teamsters Local 96 in Washington, D.C. after a grassroots campaign by the New Beginning Slate.

Happy Thanksgiving

Happy Thanksgiving from TDU. We're thankful for union members who are organizing for economic and social justice. Change is coming to the Teamsters!

View More News Posts