YRC could shut down 12% of terminal network

KANSAS CITY — YRC Worldwide is considering shuttering 41 terminals – about 12 percent of its facilities – as part of its continued restructuring and cost-cutting efforts.

According to reports, the struggling LTL giant is targeting smaller facilities with lower freight volume in its 334-terminal network.

Most of the closures would be across eastern and southern lanes. Reportedly, the consolidations would not include YRC’s western operations; and its Canadian division, YRC Reimer based in Winnipeg, also does not appear to be affected at this time. 

The company described the move as "taking steps to right size the business."

Last month, The Teamsters approved a third round of concessions to hep keep the company afloat during its restructuring efforts, but rival carrier ABF Freight System filed a lawsuit saying that wasn’t fair to other companies covered by the National Master Freight Agreement. 


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