Friday, February 06, 2015
YRC Execs: Positive Momentum Must Continue into 2015
The year opened with YRC facing serious questions about its long-term survival. Looming debt, issues with the International Brotherhood of Teamsters and even the weather held back the Overland Park-based less-than-truckload carrier. After clearing those hurdles, the company saw much improved performance in the second half of the year, culminating in two straight profitable quarters.
Welch said the company continues to improve its fiscal and operational performance and is focused on maintaining positive momentum in 2015 and beyond. He and his executives said YRC will maintain its work to move the right freight at the right price to the right places; improve the state of its vehicle fleet; increase its use of technology in distribution centers and terminals; and improve its overall safety.