YRC Worldwide Inc. reported segment statistics for its less-than-truckload (LTL) operations for the first quarter of 2006 compared to 2005. Yellow Transportation saw increases in LTL revenue of 5.9% and tonnage of 2.8% with minor increases in shipments. Roadway Express reported increases in LTL revenue of 3.9% with a slight decrease in tonnage. YRC Regional Transportation experienced the largest increases with LTL revenue up 11.6% and tonnage and shipments both increasing over 4%.
YRC Worldwide Inc. LTL Segment Statistics 1Q06 vs 1Q05
1. YRC Worldwide Inc.
Segment Less-than-Truckload (LTL) Statistics
(amounts in thousands except per unit data)
Yellow Transportation Roadway Express YRC Regional Transportation*
1Q06 1Q05 % 1Q06 1Q05 % 1Q06 1Q05 %
Workdays 64 64 64 64 64.0 64.4
LTL revenue** $ 776,710 $ 733,211 5.9 $ 739,676 $ 711,926 3.9 $ 516,766 $ 463,243 11.6
LTL tonnage 1,686 1,639 2.8 1,486 1,491 (0.3) 2,107 2,026 4.0
LTL tonnage per day 26.34 25.61 2.8 23.22 23.29 (0.3) 32.92 31.47 4.6
LTL shipments 3,322 3,300 0.7 3,006 3,064 (1.9) 3,580 3,477 3.0
LTL shipments per day 51.91 51.57 0.7 46.97 47.88 (1.9) 55.94 54.04 3.5
LTL revenue/cwt. $ 23.03 $ 22.36 3.0 $ 24.88 $ 23.88 4.2 $ 12.26 $ 11.43 7.3
Total revenue** $ 845,921 $ 791,764 6.8 $ 807,506 $ 780,769 3.4 $ 565,276 $ 506,990 11.5
Total tonnage 2,074 1,967 5.4 1,849 1,841 0.4 2,613 2,514 3.9
Total tonnage per day 32.40 30.73 5.4 28.89 28.76 0.4 40.83 39.04 4.6
Total shipments 3,374 3,344 0.9 3,050 3,107 (1.8) 3,648 3,542 3.0
Total shipments per day 52.72 52.26 0.9 47.66 48.55 (1.8) 57.00 55.04 3.5
Total revenue/cwt. $ 20.39 $ 20.13 1.3 $ 21.84 $ 21.21 3.0 $ 10.82 $ 10.08 7.3
*YRC Regional Transportation statistics include the operating companies of New Penn Motor Express, USF Bestway, USF Holland and USF Reddaway. USF Glen Moore, a truckload carrier, is not
included in the statistics. As New Penn and the USF companies may have different workdays, the statistics per day are based on a weighted average and may not recompute from the data presented.
**Does not equal financial statement revenue due to revenue recognition adjustments between accounting periods. For YRC Regional Transportation, revenue above excludes revenue recognition
adjustments in addition to Glen Moore revenue.