YRC Freight Proposes Network Improvements to Union Leadership
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
A committee composed of union and company leadership will convene a formal hearing - expected to take place in
"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."
Forward-Looking Statements
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
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 in Overland
Web site: www.yrcfreight.com
Follow YRC Freight on Twitter: http://twitter.com/yrcfreight
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