Used to work for a third-party logistics company that took over a site from a company who in turn had taken it over from YRC. The story I was always told was YRC had very little clue what they were doing and never once met their budget obligations to the client. Disorganized mess. We benefited from the company in between having largely straightened out the operational aspects (but still having never turned a profit). We were having a decent run and looked like we knew what we were doing in comparison . . .
Will be interesting to see how badly this shocks the domestic carrier market. That could be quite a bit of capacity coming out.