YRC Worldwide
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News
Probe suggests Trump administration influenced pandemic relief loan to Yellow
A Democrat-led committee investigating Yellow’s $700 million Treasury loan suggests the Trump administration was involved in the approval process.
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Online Haul of Fame
FreightWaves Haul of Fame: New Penn is a longtime Northeastern LTL
New Penn is an LTL carrier focused on the Northeastern U.S. It is now part of YRC Worldwide. Read about its history in this FreightWaves…
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News
Oversight panel says Yellow increased lobbying efforts ahead of $700M loan
The latest report from the congressional oversight commission monitoring COVID relief loans shows Yellow Corp. may not have been as “critical to maintaining national security”…
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Legal issues
YRC/Yellow agrees to ‘immaterial’ $2.1M settlement in investor suit over DoD overcharges action
The Defense Department lawsuit from 2018 is continuing even as the federal government has taken a stake in the LTL carrier.
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Less than Truckload
Yellow, ABF drivers edge closer to long-term pension protection
The Teamsters’ Central States Pension Fund could be saved through the COVID-19 relief package.
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News
YRC Worldwide officially Yellow again; Q4 misses mark
Yellow Corp. is back. The holding company formerly known as YRC Worldwide has gone back to its roots. However, fourth-quarter results missed analysts’ expectations at…
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News
YRC next-day regional service expands in mid-Atlantic
YRC announced Monday the further expansion of its regional next-day service at YRC Freight. This rollout will make the service available out of 13 terminals…
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News
Oversight commission seeks YRC pricing details
The latest request from the congressional commission overseeing COVID-relief loans seeks pricing information from the Defense Department for all less-than-truckload shipments, including those performed by…
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News
December LTL volumes ‘remain healthy’
Deutsche Bank’s December geofencing data suggests LTL volumes continued the positive trends seen in the first two months of the fourth quarter.
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Trucking
The Daily Dash: YRC loan comes under increased scrutiny; Best Fleets to Drive For
In today’s edition of The Daily Dash, YRC’s government loan is coming under increased scrutiny. Plus, the 20 Best Fleets to Drive For are named…
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