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
The Congressional Oversight Commission found that YRC Worldwide Inc. “apparently did not meet either of the two national security eligibility criteria” for a $700 million loan, but qualified for the program due to a “catch-all provision created by the Treasury.