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Anatomy of a Turnaround: YRC Worldwide

David McCann CFO February 11, 2015 View the original piece This is the first in a series of six articles about the volatile financial misfortunes and turnaround of trucking company YRC Worldwide. See parts two, three, four, five and six. If there were a Comeback Player of the Year award for corporate performance, YRC Worldwide might have taken home the trophy for 2014. Not that the $5 billion trucking company is now a superstar — far from it. Rather, such recognition would be...

In Most States, Trucking is the Most Common Job

Quoctrung Bui NPR February 06, 2015 View the original piece This gives our union leverage; it's time to use it: "Driving a truck has been immune to two of the biggest trends affecting U.S. jobs: globalization and automation. A worker in China can't drive a truck in Ohio, and machines can't drive cars." Click here to view the interactive map and read the full story.

YRC Worldwide posts a stronger fourth-quarter profit of $6.2 million

Mark Davis The Kansas City Star February 06, 2015 View the original piece Trucking giant YRC Worldwide Inc. on Thursday reported a $6.2 million profit in the final months of 2014 as its national freight business turned in stronger operating results. The fourth-quarter profit compared with a $400,000 profit in the same quarter a year earlier. Click here to read more at The Kansas City Star. Read more here:  

Drivers misclassification lawsuit ruling is a win for Teamsters

Peter Tirschwell The Journal of Commerce February 02, 2015 View the original piece A Superior Court judge on Thursday ruled that seven drivers working for Pacer Cartage at the ports of Los Angeles and Long Beach are employees and are owed a total of more than $2 million in damages.   The ruling was a victory for  labor activists and the International Brotherhood of Teamsters who see misclassification of drivers as their latest opportunity to unionize the...

Driver Turnover Continues at Elevated Levels, ATA Says

Transport Topics January 28, 2015 View the original piece Driver turnover remained at elevated levels for truckload fleets of all sizes, inching up one percentage point to 97% at larger carriers and remaining at 94% at smaller fleets, American Trucking Associations reported. The numbers compared to the second quarter of last year showed sequential stability in both the truckload fleets with revenue of more than $30 million and those with revenue below that benchmark. Click here...
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