YRC to Close 31 Terminals

November 16, 2010: YRC has submitted a proposed change of operations to the International Union in which 31 terminals would be closed. In addition, line haul lanes will be adjusted and some reversed.

In one more in what seems like a never-ending series of changes, YRC management is seeking to consolidate operations in the Midwest, South, and Eastern Seaboard to improve efficiency and service.

A number of small terminals are slated for closure, and some medium-sized facilities such as Lancaster, Pennsylvania. Nearly 500 Teamsters are slated to relocate.

A summary of the proposal and the impact on various terminals is available here.

The entire 80-page proposal is available here.

Get Advice Join TDU Donate

Recent News

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

Sysco Profits Up

Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

View More News Posts