YRC Worldwide Plans Tariff Rate Hikes

LTL carrier YRC Freight to raise rates 6.9 percent, YRCW CEO Welch says

YRC Freight plans to raise base rates 6.9 percent on average, matching rate increases announced by several competitors, YRC Worldwide CEO James Welch said Friday.

“Rates still aren’t where they need to be,” Welch said in an interview. “The industry as a whole needs to improve its returns so companies can recapitalize