Monday, January 30, 2012

YRC to Exit Next-Day Market

Network redesign concentrates on long-haul freight, reduced handling
YRC Worldwide is proposing changes to its long-haul freight network that will speed shipments and take long-haul carrier YRC out of the next-day freight market.
The change of operations, which must be approved by the Teamsters union, would be the most significant step yet in the restructuring of YRC launched last year by CEO James Welch and President Jeff Rogers.
“We’re going to have YRC focus on long-haul,” Rogers said in an interview Monday. That means eliminating the next-day Velocity network YRC launched in 2008.
With that decision, the long-haul carrier will no longer compete with sister companies in the YRC regional group for same-day or next-day freight.
“We’ve got Holland, New Penn and Reddaway, the best next-day carriers in their footprint,” Rogers said. “We’re going to let them do what they do best.”
Restructuring its long-haul network will help YRC load more freight direct to more points, reducing the potential for damage, building density and speeding shipments.
“We’re going to eliminate a lot of handling, reduce several thousand handles a day,” said Rogers. “We want to be the best two- to five-day carrier, period.”

No comments: