Honored by CIO magazine

June 21st, 2010

YRCW announced that the company has been named a recipient of the 2010 CIO 100 award by CIO magazine. The 23rd annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).

YRC Worldwide was honored by CIO magazine for the company’s integration and systems migration of Yellow Transportation and Roadway Express into YRC. Combining the strengths of Yellow and Roadway through the integration of networks, services and capabilities required the largest technology migration in the history of the transportation and supply chain industry.

“Our team is dedicated to creating an exceptional customer experience. Accelerating our business leadership through technology leadership is an important part of delivering on our commitment to customers,” said Mike Naatz, president-Customer Care Division and chief customer officer-YRC Worldwide. “Receiving this honor again this year recognizes the outcome and significant value of successful business and IT collaboration at YRC Worldwide.”

The primary business goal of the project has resulted in increased operational effectiveness and margins; improvements to the industry value chain; globalization and supply chain efficiency.

“The IT team at YRC Worldwide managed to do what no one had done before: a complete and successful migration of all systems between two huge transportation providers. And it was accomplished in a very compressed amount of time,” added Naatz.

The comprehensive business integration included:

  • New use of existing technology to minimize disruptions and ease the transition
  • Migration of all systems, data, and processes, including custom applications
  • Innovative use of team resources to prepare for the transition and deal with challenges that inevitably arose during the integration process
  • Freight quote system

“This year’s CIO 100 awards draws well-deserved attention to companies that are not only innovating with IT but creating genuine business value as well,” said Maryfran Johnson, editor in chief of CIO magazine & Events. “These winning companies and their IT organizations are an inspiration to businesses everywhere.”

The 2010 CIO 100 awards will be presented at the Terranea Resort in Rancho Palos Verdes, Cal., on Aug. 24 at the conclusion of the 12th annual CIO 100 Symposium(R) and Awards Ceremony.

YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is one of the largest transportation and logistics service providers in the world and the holding company for a portfolio of brands including Yellow Transportation, YRC Reimer, YRC Glen Moore, New Penn, Holland and Reddaway. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence.

Transit shed operators

March 4th, 2010

Transit shed operators provide a transit handling service for airlines and sometimes forwarders. Their function is to receive cargo from the aircraft, de-palletise and deliver to truck or vice versa via a transit shed where customs clearance is required.  Specialized air trucking companies, like guaranteed air freight, provide road transport between the UK regions and the London airports, or continental airports, as well as intra-European services, where trucks substitute for aircraft, usually to a schedule. Most companies work on behalf of the airlines in servicing the forwarders requirements.  Express operators provide services for the movement of mail and small packages, where the timescales for transit are measured in hours by contrast to air forwarders whose service transit times are generally managed in days, like next day air freight.

Integrators

March 4th, 2010

General sales agents sale next day air freight and second day air freight and are appointed by some airlines (both scheduled and charter) to sell air freight capacity on their behalf, thereby allowing the airlines to avoid the potentially high fixed costs of sales and marketing.

Integrators provide a door-to-door service, usually using their own road transport, handling, transit warehousing facilities and aircraft. Normally integrators contract directly with the shipper. They started principally as express operators, but are now competing more directly with freight forwarders and the airlines.

Role of the forwarders

March 4th, 2010

Air freight forwarders provide a service to shippers and importers which originally involved receiving a consignment of freight from a shipper, arranging its routing, transportation handling and documentation to either the final receiver or to a foreign airport. The role of the forwarders has developed over the years with the largest forwarders describing themselves as logistics providers, like DB Schenker.

Air freight industry

March 3rd, 2010

The next day air freight industry consists of a number of different commercial organizations who provide shippers with through freight services. These organizations, mainly within the private sector, operate in a highly competitive environment.

Airports act as landlords and infrastructure providers charging landing fees and stand rentals or parking fees to airlines (their main customers) and charging rent to service companies for passenger reception terminals, retail and catering outlets offices, cargo transit sheds, air craft maintenance work shops etc.

Airlines are the suppliers of air cargo capacity into and out of the US are either scheduled operators, charter operators, freighter operators or integrated carriers. Scheduled operators provide air cargo capacity principally in the belly holds of passenger or combo aircraft, though some also operate freight only capacity. Charter operators like BAX Global operating on holiday routes also offer freight capacity, which in line with their passenger business is seasonal. Freighter operators are the operators of freight only aircraft. Integrated carriers operate their own aircraft (and use belly hold capacity) to carry their own cargo, as part of a door-to-door express service for shippers and importers of goods.

Ship a transmission

December 30th, 2009

If you need to ship a transmission, it is very easy. Some people crate these, but most just strap the engine to a pallet and that is all you have to do. Shipping costs run around $200.00 depending on the weight and distance of the shipment. Carriers like YRC and Estes are good choices for carriers. It may cost more if you need a liftgate or a residential pickup or delivery.

Debt-for-equity offer

December 23rd, 2009

YRC remain confident we will have a successful note exchange that can significantly reduce our debt and improve liquidity. And we continue to receive solid support from our stakeholders, including our lender group.

We also continue to receive questions whenever an analyst casts doubts on the YRCW debt-for-equity offer. The questions are to be expected: If you read or hear about a critical analyst report, you want to know what’s really happening.

Case in point: An analyst with R.W. Baird & Co. recently said it’s unlikely that YRCW will achieve a 95% agreement rate with bondholders by Dec. 8. While that analysis made for interesting headlines, the real story goes much deeper. For example, the report notes that if 95% of the bondholders don’t sign on, we still have other options, such as lowering the percentage requirement.

With these types of note exchange offers, changes–and the resulting deadline extensions–are typical. It’s also typical for note holders to wait until the deadline before taking official action. There may be other extensions announced before completion of this phase. In every event, however, we will bring you updates on Insight in a timely and transparent manner. It’s part of our Confidence Delivered(TM) promise to you.

YRC Worldwide Inc., a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Transportation and Roadway, the enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally.

Packaginr Tips and guidelines

December 21st, 2009

Our owner-employees are trained to deliver confidence with claim-free shipping based on proper use of equipment, close adherence to procedures, and a personal commitment to your complete satisfaction.

How you prepare your shipments for transit is also important. Depending on what you are shipping, here are tips to help avoid damage:

Outer packaging

  • Match your outer packaging to the nature of the contents. Wood crates provide the best protection for breakable items or very heavy, dense items. Sturdy corrugated cardboard is appropriate for most other shipments. Thin cardboard and repurposed old boxes rarely provide the necessary protection.
  • Match your outer packaging to the size of the contents. Too big, and contents can move around and break. Too small and your shipment will not be properly protected.
  • Securely seal the outer packaging with reinforced tape to help keep contents intact.

Packing materials

  • Use sufficient packing materials around and between items to keep them from shifting inside the outer packaging.
  • Consider using an inner box, surrounded by cushioning materials–a good rule of thumb is three inches on each side–for added protection.
  • Reinforce corners and edges to keep them from bending or tearing.
  • Select packing materials based on the contents–corrugated fiberboard, molded plastic, shredded paper, bubble wrap and packing peanuts are good options.

Palletizing shipments

  • Build a cube: align the vertical edges of multiple cartons and maintain a flat, level top surface.
  • Ensure the pallet is in good condition and larger than the cargo sitting on it.
  • Use shrink or stretch wrap to keep multiple items together. Depending on the thickness of the wrap multiple layers may be necessary.
  • Secure shipments to pallets with bands, tie downs, ratchet straps or rope.

YRC Worldwide Inc., a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Transportation and Roadway, the enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally.

Next-day reliability

October 27th, 2009

When shipping freight, there are times when numbers do tell the story.  Holland leads the field with the most next-day service lanes in the region with 3,348 next-day lanes in and between these 21 states.

Our next-day service takes the kinks out of your supply chain. Orders placed on Monday morning can be shipped and delivered on Tuesday often before noon with standard service. Your customers will be delighted with how quickly products get to market.

Equally important is the next-day reliability you count on from Holland, a YRC company. We deliver over 97% on time against the most stringent next-day transit times in the region. The result? Production lines stay on schedule and retail inventory can be restocked–with confidence–based on demand.

Supply chain decision makers

October 27th, 2009

What do supply chain decision-makers really need?

According to third-party and YRC research, the answer is constant, no matter what the economic environment:

  • Effective collaboration
  • Complete visibility
  • Flexible solutions that optimize resources, and
  • Consistently reliable execution.

Speaking to a regional meeting of the Institute for Supply Chain Management in Columbus, Ohio, Tim Haitz, vice president of field sales east for YRC, explained that the Yellow Shipping network and YRC solutions are designed with those areas in mind.

“The supply chain environment is increasingly complex and fragmented,” Haitz said, “and many of our customers are trying to do more with smaller staffs.”

Given that, Haitz said, it’s important to work with providers who have the expertise needed to handle complex logistics challenges, and the flexibility required for customized solutions.

“Everyone in transportation and logistics has had to look at new ways to build flexibility into their supply chains,” he said. “Bottom line, it comes down to simple reliability. For a world-class supply chain, you want simple-to-engage processes that perform reliably, with metrics in place to allow ongoing management.”

Looking forward, Haitz said the move toward green supply chains can help efficiencies and the environment, and he encouraged attendees to work with transportation partners willing and able to collaborate on sustainability measures.