January 17, 2018 8:04 PM ET

Road and Rail

Company Overview of YRC Freight Inc.

Company Overview

YRC Freight Inc. provides less-than-truckload (LTL) transportation of industrial, commercial, and retail goods in North America. It offers standard, accelerated, and time-critical transportation services; transportation services for volume freight shipping, spot volumes, cold-sensitive products, and exhibit/trade shows, as well as retail, government, associations, and hazardous materials; sealed trailers and spot volumes; and logistics solutions, including reverse logistics, white gloves, custom projects, and specialized freight services. The company also provides ocean shipping services to Alaska, Hawaii, Guam, the U.S. Virgin Islands, and Puerto Rico; and global transportation and logistic...

10990 Roe Avenue

PO Box 7903

Overland Park, KS 66211-1213

United States

Founded in 1930

Phone:

913-696-6100

Fax:

913-696-6122

Key Executives for YRC Freight Inc.

President
Age: 47
Chief Financial Officer and Senior Vice President
Age: 53
Chief Operations Officer
Age: 66
CEO & President of YRC North American Transportation & Chief Ops Officer YRC Worldwide
Age: 61
Senior Vice President of Operations
Compensation as of Fiscal Year 2017.

YRC Freight Inc. Key Developments

YRC Freight Appoints Thomas J. O’Connor as President

Effective December 12, 2017, Thomas J. O’Connor III, age 57, was appointed President of YRC Freight and will assume his new position on January 1, 2018. Mr. O’Connor has served as President of USF Reddaway Inc. an operating subsidiary of the Company, since January 2007. Before that time, Mr. O’Connor served as President of USF Bestway Inc., a subsidiary of the Company.

YRC Freight Reports Operating and Revenue Results for the Month and Year to Date Ended November 2017

YRC Freight reported operating and revenue results for the month and year to date ended November 2017. The company’s October 2017 tonnage per day increased approximately 1.7% compared to October 2016 and November 2017 tonnage per day increased approximately 1.1% compared to November 2016. For the quarter-to-date through November 2017, revenue per hundredweight increased approximately 3.7% compared to a year ago. Revenue per shipment increased approximately 5.0% quarter-to-date through November 2017, compared to the same period last year.

YRC Freight Inc. Announces Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2016

YRC Freight Inc. announced unaudited earnings and operating results for the first quarter ended March 31, 2016. For the quarter, the company reported operating revenue of $695.7 million against $737.6 million a year ago. Operating income was $4.1 million against $0.2 million a year ago. Adjusted EBITDA was $30.1 million against $32.1 million a year ago. For the quarter, the company reported total tonnage was 1,485,000 against 1,566,000 a year ago. Total tonnage per day was 23,380 against 25,050 a year ago. Total shipments was 2,514,000 against 2,604,000 a year ago. Total shipments per day was 39.58 against 41.66 a year ago.

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Recent Private Companies Transactions

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