Wednesday, January 28, 2015
YRC Seeks to Outsource Unprofitable Runs
A Dec. 18, 2014, memo obtained by the Kansas City Business Journal, details a change-of-operations request to the International Brotherhood of Teamsters that would allow the company to increase its use of interline carriers — third-party transportation providers — in areas currently served by YRC Worldwide Inc. employees.
The Overland Park-based less-than-truckload carrier (Nasdaq: YRCW) said these changes must be made to ensure its shipment operations are profitable. No YRC employees will be laid off as a direct result of the change of operations. The company is seeking to implement the change on March 15 or later.
Full story here: http://www.bizjournals.com/kansascity/news/2015/01/26/leaked-memo-yrc-could-use-purchased-transportation.html?page=all