YRC tracking Worldwide (NASDAQ: YRCW) disclosed that November 18, 2016, James G. Pierson, Executive Vice President and Chief Financial Officer of YRC Worldwide tracking Inc., resigned effective December 31, 2016.
Mr. Pierson has commuted from Dallas for the last eight years beginning in 2008 when he served as a financial advisor to the Company, and from 2011 to the present while serving the Company as Chief Financial Officer.YRC tracking We want to extend our deepest gratitude to Mr. Pierson for his service, contributions, and commitment to the Company, including the personal family sacrifice experienced with commuting for eight years, said James Welch, Chief Executive Officer.
YRC Freight Tracking
The largest less-than-truckload carriers in the United States managed to check an overall decline in their business last year, keeping revenue flat even as the gears of the US industrial economy ground to a near standstill. This year, they have got a good shot at inflating that flat tire.Higher revenue based on increased freight demand and volumes would be good news for those carriers, and for shippers who depend on LTL trucking companies. Shippers, however, are also likely to see LTL rates and fuel surcharges rise in 2017, as cost pressures rise, too.
YRC Tracking Number
The LTL landscape is changing, as larger companies focus on bottom-line profitability and smaller carriers on top-line growth, third-parties claim a greater share of yrc tracking number, and e-commerce drives new distribution models that may or may not favor LTL operators.
In particular, shipper demand for more integrated services, faster delivery, and fulfillment, and increasingly detailed and actionable shipment tracking information will keep wheels turning at LTL trucking companies this year and reward innovative carriers.
YRC Shipment Tracking
The company was fighting to stay afloat. YRCW stock price went down under $1.00 and they were close to being de-listed from the stock exchange. So Yellow and Roadway came together under one banner, YRC inc, YRCW. In 2012 they officially changed the name to YRC Inc, with a new name, and with the new logo. The re-branding began. The turnaround also starts to save the company.
This is a brief history of how it happened, which is important in understanding if one of the most volatile securities listed, YRCW stock, is a good investment.
YRC Trucking Tracking
The YRC Worldwide Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States.Having over 20 terminals in Canada they cover 95 percent of the zip codes. Approximately 98 percent of northbound shipments are pre-approved for Customs clearance and 100 percent of southbound shipments are verified before they get to the border. That is the most in the industry, which makes it a seamless border crossing and no hassles. A big plus in this industry.
YRC Worldwide Tracking
Reddaway was founded in 1919 in Oregon City, OR. Reddaway has 50 terminals and provides direct one day and two-day service to twelve western states and one Canadian province YRC Tracking. Its services include Arizona, California, Colorado, Idaho, Montana, Nevada, Oregon, Utah, Washington, Wyoming and British Columbia.
New Penn is another regional carrier under the YRC Tracking Worldwide banner. Founded in 1931, they mainly operate in the Northeastern United States, Quebec, Canada, and Puerto Rico. New Penn is considered an industry leader in tracking technologies and Internet-based shipping services.New Penn specializes in regional LTL service with next day ground service and partners with its sister companies to provide service to the West, Midwest, and Southeast Regions and all of Canada.