The last year has been nothing if not volatile for trucking giant YRC Worldwide (YRCW). The headlines tell a story of a company battling for its survival, pulling out every tool it can find. In addition to making staff cuts, the company sold and leased back property, negotiated two sets of wage concessions from the International Brotherhood of Teamsters, had gained at least 10 sets of concessions from its lenders.
But on the business and operations side, the company has continued its efforts to integrate its Roadway and Yellow transportation networks and find other opportunities to expand and improve service in its national less-than-truckload sector as well as its regional operations.
Here is some of the coverage from Logistics Today over the past year:
New Penn Workers Approve Contract Concessions
YRC Worldwide Announces New Credit Agreement
Teamster Negotiations Ongoing at YRCW and UPS
Ratification Vote Survives YRC Gaffs
We Have a Plan, Reiterates YRCW
YRC/Teamster Agreement Moves Ahead
YRC Issues Statement on Tentative Teamster Agreement
YRC and Teamsters Reexamine Contract
YRC Gains Pension Deferral
Teamsters Examine YRC Pension Proposal
YRC Worldwide Announces New Organization Structure
YRC Worldwide Quiet on TARP Funds
YRCW May Violate Bank Covenants
YRC Offers Property For Pensions
YRC Sells and Leases Back Operations
YRC Economic Relief Plan Gains Support
Zollars On The Defensive; YRCW Cuts Jobs