Tuesday, April 10, 2012

YRC Freight Implements Network Changes

Latest restructuring intended to reduce freight handling, speed shipments

YRC Freight implemented two changes of operations over the April 7 weekend, reconfiguring its terminal network to speed freight and reduce handling.

The restructuring, approved by the Teamsters union last month, eliminated road domiciles, shifting drivers from end-of-the-line terminals to hubs, the company said.

The less-than-truckload carrier also eliminated its in-house Velocity network, established in 2008 to speed next-day freight, and its utility employee category.

The changes focus YRC Freight on longer haul LTL shipments traveling more than 500 miles, although the company said it would to haul overnight freight.

The network redesign is the latest step by YRC Worldwide’s new leadership to improve the struggling LTL group’s performance and return to profitability.  Full Story...........

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