YRC Worldwide provides Quarter-To-Date Operating data for Third Quarter 2019
YRC Worldwide Inc. has reported certain operating metrics for the first two months of third quarter 2019.
At YRC Freight, July 2019 less-than-truckload (LTL) tonnage per day decreased approximately 3.3% compared to July 2018 and August 2019 LTL tonnage per day decreased approximately 3.6% compared to August 2018. Quarter-to-date through August 2019, LTL revenue per hundredweight and LTL revenue per shipment increased approximately 1.6% and 0.8%, respectively, compared to a year ago.
At the Regional segment, July 2019 LTL tonnage per day decreased approximately 1.5% compared to July 2018 and August 2019 LTL tonnage per day decreased approximately 4.4% compared to August 2018. Quarter-to-date through August 2019, LTL revenue per hundredweight decreased approximately 0.4% compared to a year ago. LTL revenue per shipment remained flat when compared to last year.
“Our pricing strategy remains disciplined even with the softer overall economy,” said Darren Hawkins, chief executive officer at YRC Worldwide. “The Regional LTL revenue per hundredweight year over year results are being impacted by the strong comparisons from prior year, in which LTL revenue per hundredweight increased 9.3%, as we took pricing actions to manage capacity.”
