YRC follows LTL rivals with rate hike

KANSAS CITY – Beleaguered carrier YRC Worldwide became the latest major LTL carrier to set a general rate increase.

YRC, which is in the process of finalizing a cost restructuring agreement with its workers and creditors, announced an average increase of 6.9 percent beginning Aug. 1 for non-contracted freight.

However, domestic Canada rates will remain unchanged.

YRC’s major competitors such as ABF Freight, UPS Freight, and Con-way Freight set increases of about 7 percent earlier this month.  


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