James Welch has been appointed president of YRC Freight in addition to his duties as chief executive officer of YRC Worldwide.
Welch, who has worked as CEO since July 2011, takes over immediately for Jeff Rogers.
Rogers and Tom Palmer, who worked as senior vice president of finance for YRC Freight, have left the company. Phil Gaines, who had worked for YRC for 20 years before leaving the company, will return in Palmer’s position.
On Friday, Welch sent a memo to all YRC employees sharing the news, adding that progress toward profitability is being made and that these leadership changes are in the company’s best interest.
“Today, YRC Freight has many of the same foundations as it did during its earlier success, and although significant work remains, I know that with a strong and committed workforce, we can reclaim YRC Freight’s position as one of the leading LTL (less-than-truckload) carriers in North America,” he wrote in the letter.
Welch added YRC has to be aggressive in introducing new strategies and other tools in order to become profitable.
“Delivering high-quality and cost-effective service to our customers is just the beginning for competing effectively in this industry,” he wrote.
This summer, YRC Freight began closing terminals and distribution centers in order to streamline its network and reduce its workforce by more than 200 employees.