YRC Worldwide Provides Quarter-To-Date Operating Data for Fourth Quarter 2020

Rhea-AI Summary

YRC Worldwide Inc. (NASDAQ: YRCW) released its operational metrics for the first two months of Q4 2020, highlighting fluctuations in less-than-truckload (LTL) services. In October, shipments per workday decreased by 0.2%, while revenue per shipment fell by 1.5%. November showed a slight recovery with a 0.3% increase in shipments and a 2.4% rise in revenue per shipment. Overall, Q4 2020 metrics indicate a 0.0% change in shipments and a 0.3% increase in revenue per hundredweight. The company continues to provide extensive logistics services across North America.

Positive

• November saw a 0.3% increase in shipments per workday.
• Revenue per shipment increased by 2.4% in November.

Negative

• Shipments per workday decreased by 0.2% in October.
• Revenue per hundredweight fell by 1.6% in Q4 2020.

OVERLAND PARK, Kan., Dec. 07, 2020 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ: YRCW) reported certain operating metrics for the first two months of fourth quarter 2020.

For YRC Worldwide less-than-truckload (LTL), the percent change 2020 from 2019:

	Shipments per Workday	Weight per Shipment	Tonnage per Workday	Revenue per Hundredweight(a)	Revenue per Shipment(a)
October	-0.2%	2.1%	1.9%	-3.5%	-1.5%
November	0.3%	1.9%	2.2%	0.6%	2.4%
QTD	0.0%	2.0%	2.1%	-1.6%	0.3%
(a) Includes fuel surcharge

About YRC Worldwide

YRC Worldwide Inc. has one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities. Through our teams of experienced service professionals, YRC Worldwide offers industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial, and retail goods with confidence. YRC Worldwide, headquartered in Overland Park, Kan., is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company HNRY Logistics.

Please visit our website at www.yrcw.com for more information.

Investor Contact:	Tony Carreno
	913-696-6108
	investor@yrcw.com
Media Contact:	Mike Kelley
	913-696-6121
	mike.kelley@yrcw.com

SOURCE: YRC Worldwide

FAQ

What were YRC Worldwide's Q4 2020 shipment metrics?

YRC Worldwide reported a 0.0% change in shipments per workday for Q4 2020.

How did YRCW's revenue per shipment perform in November?

In November, YRC Worldwide's revenue per shipment increased by 2.4%.

What was the revenue trend for YRC Worldwide in October 2020?

In October 2020, YRC Worldwide experienced a 1.5% decline in revenue per shipment.

Did YRCW see any growth in tonnage per workday in November?

Yes, YRC Worldwide reported a 2.2% increase in tonnage per workday in November.