One day after announcing an exit from next day service, YRC Worldwide changed the name of its largest subsidiary from YRC to YRC Freight. YRC Worldwide stated that they wanted to have a brand similar to the other big carriers …
YRC announced a proposed change of operations to restructure its network that effectively will remove them from servicing next day points via normal ground service. YRC stated they wanted to be the premier carrier servicing shipments in the 2-5 day …
If you are making, buying or selling durable goods, you are involved in the volatile shipping world. Judging by things I read, people I talk to and general observations, shippers are in for both good and bad news. On the …
Wow, I got an 80% discount off my LTL shipment. What a deal! Of course, those who deal with LTL shipping know that the discount doesn’t really mean anything. It’s all about the base rate surcharges and added costs. I …
Recently YRC began transitioning customers from legacy base rates (tariffs) under the old Yellow and Roadway banners. This change makes sense since Yellow and Roadway were combined into what is now YRC. Many shippers probably didn’t see this change, especially …
Recently, UPS announced an increase of 4.9% for their services in the 2012 calendar year, or at least that was the headline. Upon further review, the 4.9% increase is actually a 5.9% increase offset by a 1% decrease in the …
If you haven’t already seen or experienced rate increases for trucking, you will see them in 2012. There are a series of dynamics at play to validate this prediction. First, a survey of major truckload fleets has indicated that they …
Excuse me if I vent a little. The U.S. Postal Service reported a loss of $5.1 billion (yes, with a “b”) during fiscal year 2011. The loss would have been $10.6 billion had Congress not postponed a $5.5 billion retirement …
FedEx recently announced its 2012 rate increase that will be effective Monday, January 2, 2012. FedEx reported that on average (and that’s important) prices will increase 5.9%, but offset somewhat by a decrease of 2% in their fuel surcharge index. …
YRC reported a net loss of $177.9 million for the 3rd Quarter of 2011. This loss compares to a net loss of $61.7 million during the same quarter in 2010. At first glance, one would suggest that they operated 3 …