YRC Freight, the largest subsidiary of less-than-truckload (LTL) transportation services provider, YRC Worldwide, said this week that it has introduced a new next-day service, entitled YRC Freight Regional Next-Day Texas, that moves freight within Texas on a next-day basis.
YRC officials described this offering as a best-in-class service with high on-time performance and one of the lowest claims ratios in the industry.
YRC Worldwide Chief Network Officer Scott Ware told LM that Texas is one of the fastest growing states in the nation and a key market for YRC Freight customers.
“Adding this YRC Freight Regional Next-Day service in Texas allows us to broaden our YRC Worldwide next-day service portfolio, which includes some of the strongest regional providers – Holland, New Penn, and Reddaway,” he said.
In terms of benefits this new service provides for YRC Freight shipper customers, Ware cited the familiar phrase “time is money,” as it relates to supply chain costs.
“Next-day service allows shippers to cut inventory and warehouse costs,” explained Ware. “While beta testing this service across thousands of shipments, it provided customers with a 97% or higher on-time performance record and a .002% claims ratio.”
Ware also noted that YRC Freight did not previously focus on next-day service in this market.
“This is a new and improved service effort, which is part of the YRC Worldwide overall network optimization plan,” he said.
YRC Freight’s network optimization plan was originally implemented in May 2013. Company officials said the plan’s focus centers on enhancing efficiencies by increasing network density, reducing shipment touches, and reducing the number of empty miles.