Jul 11, 2005 17:06
-- The operating companies of YRC Regional Transportation announced today the realignment of certain geographic areas currently served by these companies. YRC Regional Transportation, a subsidiary of Yellow Roadway Corporation (Nasdaq: YELL), consists of the operating companies New Penn Motor Express, USF Bestway, USF Dugan, USF Glen Moore and USF Holland. These operating companies provide nationwide service primarily in the next-day and second-day markets.
Highlights of the realignment are as follows:
* At the close of business on July 8, 2005, USF Dugan will cease pickup operations. To ensure an orderly transition, USF Dugan will deliver all shipments in its system and all service commitments will be fulfilled.
ok this is kinda scary. with the blink of an eye and the stroke of a pen, a company will cease to exist. THis really really scares me.