YRC Worldwide, Inc. operates as a holding company, which through its subsidiaries engages in the provision of transportation services. It operates through the YRC Freight and Regional Transportation segments. The YRC Freight segment focuses on longer haul business opportunities with national, regional, and international services. The Regional Transportation segment comprises of transportation service providers, which focuses on business opportunities in the regional and next-day delivery markets. The company was founded by A. J. Harrell in 1924 and is headquartered in Overland Park, KS.
Our consolidated operating revenue decreased $53.9 million, or 4.1%, during the second quarter of 2019 compared to the same period in 2018. The decrease in revenue is primarily attributed to a decrease in tonnage and fuel surcharge revenue, while partially offset by an increase in base yield excluding fuel surcharge.