Tuesday, November 18, 2008

YRC Integration Ahead of Schedule

The integration of YRCW's two largest less-than-truckload subsidiaries is proceeding ahead of schedule, the company said Nov. 18. With support from customers and the collaboration of the Teamsters, more than 60 facilities nationwide are either consolidated or in the process of consolidation.

As the economy fizzles and demand slackens in the current quarter, Bill Zollars, chairman, president and CEO of YRC Worldwide, is calling on the transportation and logistics industry to focus on the future by pointing out the improved services and savings that will be achieved when the integration is completed.

"In this time of unprecedented economic challenges, our industry needs to focus on continually improving our efficiency and effectiveness," Zollars said.

The national integration for Yellow Transportation and Roadway is part of the company's program to improve operations and solidify its financial position. Strategic global growth, enhanced service offerings in the regional network and expanded communications are also part of the plan.

"Integrating our network enables us to provide unparalleled benefits to customers," said Mike Smid, president and CEO of the YRC Worldwide North American transportation division. "The integrated network builds shipment densities, allowing us to expand service offerings, improve reliability and serve more direct points."

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