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				YRC follows LTL rivals with rate hike
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					Posted: 
					
						Jul 21, 2011 11:43 AM
					
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					Last Updated: Mar 27, 2012 08:31 AM
				
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				<p>KANSAS CITY &ndash; Beleaguered carrier YRC Worldwide became the latest major LTL carrier to set a general rate increase.</p>
<p>YRC, which is in the process of f<a target="_blank" href="http://www.todaystrucking.com/news.cfm?intDocID=26740"><span style="color: rgb(51, 51, 153); ">inalizing a cost restructuring agreement</span></a> with its workers and creditors, announced an average increase of 6.9 percent beginning Aug. 1 for non-contracted freight.</p>
<p>However, domestic Canada rates will remain unchanged.</p>
<p>YRC's major competitors such as ABF Freight, UPS Freight, and Con-way Freight set increases of about 7 percent earlier this month. &nbsp;</p>
			
				
				
			
				
				
			
			
			
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