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				YRC could shut down 12% of terminal network
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					Posted: 
					
						Nov 18, 2010 12:18 PM
					
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					Last Updated: Mar 27, 2012 08:36 AM
				
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				<p>KANSAS CITY -- YRC Worldwide is considering shuttering 41 terminals &ndash; about 12 percent of its facilities &ndash; as part of its continued <a target="_blank" href="http://www.todaystrucking.com/news.cfm?intDocID=24423"><span style="color: rgb(0, 0, 255); ">restructuring and cost-cutting efforts</span></a>.</p>
<p>According to reports, the struggling LTL giant is targeting smaller facilities with lower freight volume in its 334-terminal network.</p>
<p>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.&nbsp;</p>
<p>The company described the move as &quot;taking steps to right size the business.&quot;</p>
<p>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 <a target="_blank" href="http://www.todaystrucking.com/news.cfm?intDocID=24913"><span style="color: rgb(0, 0, 255); ">filed a lawsuit </span></a>saying that wasn't fair to other companies covered by the National Master Freight Agreement.&nbsp;</p>
			
				
				
			
				
				
			
			
			
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