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Financial
YRC CEO Hawkins sees light at end of financial tunnel for LTL long-haul, regional units
Financially struggling YRC Worldwide, which collectively represents the second-largest group of carriers in the $43 billion less-than-truckload (LTL) sector, will benefit from closings and reduced capacity in the $340 billion full truckload (TL) market, analysts and top YRC officials are telling Logistics Management. “The year 2019 probably ended with close to 800 closings in the
How Microsoft Maintains Financial Integrity with a Complex Supply Chain
Process excellence isn’t needed in the supply chain alone, it is also needed in the financial management of the supply chain. Hear how Microsoft maintains end-to-end trackability of their finances. Source link
The ROI of Robotics: Financial and Operational Sense | 2019-11-27
Gone are the days when self-driving vehicles were confined to science fiction and bold predictions of the future. Autonomous technologies have blossomed into well-developed, ready-to-deploy solutions. One of the most competitive arenas for this development is the automotive market, with ride-sharing companies and auto manufacturers alike pouring funding into development and establishing pilot programs for
YRC’s $16 million loss in third quarter leads carriers’ late-year financial doldrums
A challenging third quarter freight environment pushed the parent company the largest unionized trucking company back searching for the road to sustained profitability. YRC Worldwide, the holding company that represents the fourth-largest less-than-truckload (LTL) carrier and three top-25 smaller regional LTL units, was back into red ink despite ongoing efforts to streamline its network in
8th Swiss Payment Forum: Trends in the Financial Services Industry | 2019-10-15
The financial services industry is in a state of upheaval: banks are in the midst of digital transformation and the cooperation between banks and fintech companies is creating new networked ecosystems. As a result, banks today have the opportunity to generate added value for their customers with innovative digital services and to strengthen customer loyalty.