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

Black Leadership Conference

African American Teamster activists came together for a weekend of education and union solidarity at the TDU Black Leadership Conference, July 13-14.

Happy 4th of July!

TDU wishes all Teamster brothers and sister and their families a happy 4th of July.

View More News Posts