SWOT ANALYSIS ON YRC Worldwide Inc

abhishreshthaa

Abhijeet S
YRC Worldwide Inc., a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of brands including YRC, YRC Reimer, YRC Glen Moore, YRC Logistics, New Penn, Holland and Reddaway. YRC Worldwide has a comprehensive network in North America with local, regional, national and international capabilities. YRC Worldwide offers supply chain solutions for heavyweight shipments and serves customers who ship industrial, commercial and retail goods. The company is headquartered in Overland Park, Kan.

The company traces its history back to 1924 when A.J. Harrell of Oklahoma City founded the Yellow Cab and Transit Company, a bus and taxi company that served central Oklahoma. The company remained small until 1952, when an ownership group led by George E. Powell Sr. bought the company. During this time, Yellow helped pioneer the concept of consolidating small freight shipments into trailer loads.


Strengths

* Cost advantage

Weaknesses

* Not innovative
* Not diversified
* Poor supply chain

Opportunities

* Financial markets (raise money through debt, etc)

Threats

* Cheaper technology
* Exchange rate fluctuations
 
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