YRC Freight Proposes Network Improvements to Union Leadership
OVERLAND PARK, Kan., March 12, 2013
OVERLAND PARK, Kan., March 12, 2013 /PRNewswire/ --YRC Freight, a subsidiary
of YRC Worldwide Inc. (NASDAQ: YRCW), has mailed to union leadership a
proposal for a new set of network improvements.
Once implemented, the network improvements will be another step in YRC
Freight's efforts to continuously improve customer service, optimize linehaul
density and load average, reduce empty miles and reduce shipment handling.
"By realigning our network, YRC Freight will reduce the number of handling and
relay locations in order to build network density," said Jeff Rogers,
president of YRC Freight. "These network improvements will be seamless to our
customers and when implemented will improve our service. The ongoing effort to
optimize our network is also a key part of our sustainability efforts as we
reduce mileage and emissions. Better density means fewer empty miles and less
A committee composed of union and company leadership will convene a formal
hearing - expected to take place in April 2013 - to consider the network
improvements which are expected to begin in May 2013.
"This is all about improving customer service and taking another step to
regain a lead position in the North American LTL market," added Rogers. "This
change also moves us closer to sustained profitability."
This news release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The words "will," "expected" and
similar expressions are intended to identify forward-looking statements. The
company's expectations regarding the realignment of our network are only its
current expectations. Actual timing and benefits of implementing these
improvements will be determined by a number of factors, including (without
limitation) the accuracy of the company's estimates regarding the expected
benefits of the network improvements, the timing of the network realignment
and the risk factors that are from time to time included in the company's
reports on Forms 10-K and 10-Q filed with the SEC.
About YRC Freight
YRC Freight, a leading transporter of industrial, commercial and retail goods,
specializes in less-than-truckload (LTL) shipping solutions for businesses.
Based inOverland Park, Kan., YRC Freight provides comprehensive North
American coverage and offers a broad portfolio of LTL services to bring
flexibility and reliability to customers' supply chains. For more information,
Follow YRC Freight on Twitter:http://twitter.com/yrcfreight
FollowYRC Worldwideon Twitter:http://twitter.com/yrcworldwide
Media Contact: Suzanne Dawson
LAK Public Relations, Inc.
SOURCE YRC Worldwide; YRC Freight
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