cost reductions

FedEx says air network restructuring to save $700M annually

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FedEx Corp. executives on Wednesday outlined how the company will restructure its air network by...

https://www.freightwaves.com/news/fedex-says-air-network-restructuring-to-save-700m-annually

White Paper: When and Why Should I Cost Model?

Cost modelling is leveraged by the most competitive and profitable transportation organizations. Whether it is a private fleet for grocery deliveries, dedicated bulk tankers in the chemical industry or a retailer managing inbound via less-than-truckload (LTL) and parcel, cost modelling is the analysis to identify cost reduction opportunities. Understanding and developing an accurate and robust cost model enables a variety of analyses, based on everyday real-world use cases, to increase...

https://www.freightwaves.com/news/white-paper-when-and-why-should-i-cost-model

All is quiet as YRC health benefits near expiration

YRC truck on highway

As the end of an eight-week extension of healthcare benefits for workers of YRC Worldwide (NASDAQ: YRCW) nears, questions mount on when the company will fund missed benefits payments and what will happen to its workers’ health coverage.

In mid-April, the International Brotherhood of Teamsters informed members that the Overland Park, Kansas-based less-than-truckload (LTL) carrier had been granted a grace period on health and welfare and pension fund contributions due to a “sharp decline” in...

https://s29755.pcdn.co/news/all-is-quiet-as-yrc-health-benefits-near-expiration