YRC Worldwide Inc. provides a range of transportation services to its customers. The company operates through wholly owned operating subsidiaries and its interest in a Chinese joint venture, JHJ International Transportation Company, Ltd. The company has a less-than-truckload (LTL) network in North America with local, regional, national and international capabilities. Segments The company’s segments include YRC Freight and Regional Transportation. YRC Freight This segment focuses on longer haul business opportunities with national, regional and international services. YRC Freight provides for the movement of industrial, commercial and retail goods, primarily through centralized management. This segment includes the company’s LTL subsidiary, YRC Inc. (YRC Freight) and Reimer Express (YRC Reimer), a subsidiary located in Canada that specializes in shipments into, across and out of Canada. In addition to the United States and Canada, YRC Freight serves parts of Mexico, Puerto Rico, and Guam. YRC Freight offers a range of services for the transportation of industrial, commercial and retail goods in national, regional and international markets, primarily through the operation of owned or leased equipment in its North American ground distribution network. Transportation services are provided for various categories of goods, which might include (among others) apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood and other manufactured products or components. YRC Freight provides both LTL services, which combine shipments from multiple customers on a single trailer, and truckload services. Deliveries are primarily LTL shipments with truckload services offered to improve equipment utilization and reduce empty miles (the distance empty or partially full trailers travel to balance the network). YRC Freight also provides specialized services, including guaranteed expedited services, time-specific deliveries, cross-border services, coast-to-coast air delivery, product returns, temperature-sensitive shipment protection and government material shipments. YRC Freight serves manufacturing, wholesale, retail and government customers throughout North America. YRC Freight’s 20,000 employees are dedicated to operating its network, which supports approximately 10.7 million shipments annually. YRC Freight shipments have an average shipment size of approximately 1,200 pounds and travel an average distance of approximately 1,300 miles. Operations research and engineering teams coordinate the equipment, routing, sequencing and timing necessary to transport shipments through the distribution network. In December 2015, YRC Freight’s revenue fleet included approximately 8,500 tractors, including approximately 7,300 owned tractors and 1,200 leased tractors; and approximately 32,000 trailers, including approximately 27,300 owned trailers and 4,700 leased trailers. The YRC Freight network includes 258 strategically located service facilities, including 125 owned facilities with 8,217 doors and 133 leased facilities with 5,984 doors. YRC Freight provides services throughout North America; has a network of LTL service centers, equipment and transportation professionals; and provides supply chain solutions, such as: Standard LTL: Shopping for all big-shipment national LTL freight needs with centralized customer service for LTL shipping among the countries of North America. YRC Freight offers flexibility, convenience and reliability that comes with one national freight shipping provider. Guaranteed Standard: A guaranteed on-time service with more direct points than any other guaranteed standard delivery service in North America. Time-Critical: For expedited and specialized shipments, including emergency and window deliveries through ground or air anywhere in North America with shipment arrival timed to the hour or day, proactive notification and a 100% on-time guarantee. Specialized Solutions: Includes various services to meet industry and customer-specific needs with offerings, such as Custom Projects, Consolidatio
yrc worldwide inc (YRCW:NASDAQ GS)
10990 Roe Avenue
Overland Park, KS 66211
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