Yellow (YELLQ) 10-Q 30 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 24, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	YRC Worldwide Inc.
Entity Central Index Key	716,006
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		32,752,921

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 196	$ 171.1
Restricted amounts held in escrow	16.7	28.9
Accounts receivable, net	512.9	470.5
Prepaid expenses and other	81.2	81.2
Total current assets	806.8	751.7
Property and Equipment:
Cost	2,830.2	2,819.6
Less – accumulated depreciation	(1,881.6)	(1,825.4)
Net property and equipment	948.6	994.2
Intangibles, net	50.5	60.3
Restricted amounts held in escrow	40.4	60.2
Deferred income taxes, net	21.2	21.4
Other assets	101.1	97.2
Total Assets	1,968.6	1,985
Liabilities and Shareholders’ Deficit
Accounts payable	188.3	172.2
Wages, vacations and employee benefits	203.9	176.6
Deferred income taxes, net	21.2	21.4
Other current and accrued liabilities	178.2	202.2
Current maturities of long-term debt	14.8	31.1
Total current liabilities	606.4	603.5
Other Liabilities:
Long-term debt, less current portion	1,069.4	1,078.8
Deferred income taxes, net	3.3	1.5
Pension and postretirement	437.1	460.3
Claims and other liabilities	$ 297.6	$ 315.2
Commitments and contingencies
Shareholders’ Deficit:
Preferred stock, $1 par value per share	$ 0	$ 0
Common stock, $0.01 par value per share	0.3	0.3
Capital surplus	2,310.8	2,290.9
Accumulated deficit	(2,235.6)	(2,240)
Accumulated other comprehensive loss	(428)	(432.8)
Treasury stock, at cost (410 shares)	(92.7)	(92.7)
Total shareholders’ deficit	(445.2)	(474.3)
Total Liabilities and Shareholders’ Deficit	$ 1,968.6	$ 1,985

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 1	$ 1
Common stock, par value	$ 0.01	$ 0.01
Treasury stock, shares	410,000	410,000

Statements of Consolidated Comp

Statements of Consolidated Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Operating Revenue	$ 1,258.4	$ 1,317.6	$ 2,444.8	$ 2,528.5
Operating Expenses:
Salaries, wages and employee benefits	715.5	740.7	1,422.8	1,466.4
Operating expenses and supplies	232.8	292	461	575.7
Purchased transportation	148	159.8	281.4	291.7
Depreciation and amortization	41.3	41	82.9	82
Other operating expenses	64.6	70.6	135.5	131.4
(Gains) losses on property disposals, net	(0.7)	(6.5)	0.6	(6.3)
Total operating expenses	1,201.5	1,297.6	2,384.2	2,540.9
Operating Income (Loss)	56.9	20	60.6	(12.4)
Nonoperating Expenses:
Interest expense	27.9	31.7	55.5	89.9
(Gain) loss on extinguishment of debt	0	0	(0.6)	11.2
Other, net	0.7	1.1	(3.6)	(4)
Nonoperating expenses, net	28.6	32.8	52.5	74.7
Income (loss) before income taxes	28.3	(12.8)	8.1	(87.1)
Income tax (benefit) expense	2.3	(7.9)	3.7	(12)
Net income (loss)	26	(4.9)	4.4	(75.1)
Amortization of beneficial conversion feature on preferred stock	0	0	0	(18.1)
Net Income (Loss) Attributable to Common Shareholders	26	(4.9)	4.4	(93.2)
Other comprehensive income, net of tax	5.4	3.6	4.8	4.5
Comprehensive Income (Loss) Attributable to YRC Worldwide Inc.	$ 31.4	$ (1.3)	$ 9.2	$ (70.6)
Average Common Shares Outstanding – Basic (in shares)	31,929	30,612	31,367	26,501
Average Common Shares Outstanding – Diluted (in shares)	32,582	30,612	32,562	26,501
Basic and Diluted Loss Per Share
Earnings (Loss) Per Share – Basic (in dollars per share)	$ 0.81	$ (0.16)	$ 0.14	$ (3.52)
Loss Per Share – Diluted (in dollars per share)	$ 0.80	$ (0.16)	$ 0.13	$ (3.52)

Statements of Consolidated Cash

Statements of Consolidated Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities:
Net income (loss)	$ 4.4	$ (75.1)
Noncash items included in net income (loss):
Depreciation and amortization	82.9	82
Paid-in-kind interest on Series A Notes and Series B Notes	0.4	12.7
Amortization of deferred debt costs	3.2	4.9
Amortization of premiums and discounts on debt	1.4	20.1
Noncash equity based compensation and employee benefits expense	11.7	15.4
Deferred income tax benefit	0	(1.1)
(Gains) losses on property disposals, net	0.6	(6.3)
(Gain) loss on extinguishment of debt	0.6	(11.2)
Other noncash items, net	(1.8)	(3.7)
Changes in assets and liabilities, net:
Accounts receivable	(43.2)	(95.5)
Accounts payable	11.7	22.3
Other operating assets	(0.6)	(15.8)
Other operating liabilities	(40.2)	(4.3)
Net cash provided by (used in) operating activities	31.1	(55.6)
Investing Activities:
Acquisition of property and equipment	(42.6)	(24.7)
Proceeds from disposal of property and equipment	13.1	7.3
Restricted escrow receipts	42	90.7
Restricted escrow deposits	(10)	(128.2)
Other, net	0.4	5.3
Net cash provided by (used in) investing activities	2.9	(49.6)
Financing Activities:
Issuance of long-term debt	0	693
Repayments of long-term debt	(9.1)	(795.7)
Debt issuance costs	0	(27.4)
Equity issuance costs	0	(17.1)
Equity issuance proceeds	0	250
Net cash provided by (used in) financing activities	(9.1)	102.8
Net Increase (Decrease) In Cash and Cash Equivalents	24.9	(2.4)
Cash and Cash Equivalents, Beginning of Period	171.1	176.3
Cash and Cash Equivalents, End of Period	196	173.9
Supplemental Cash Flow Information:
Interest paid	(54.1)	(67.7)
Income tax refund, net	$ 0.4	$ 9.9

Statement of Consolidated Share

Statement of Consolidated Shareholders' Deficit - 6 months ended Jun. 30, 2015 - USD ($) $ in Millions	Total	Preferred Stock [Member]	Common Stock [Member]	Capital Surplus [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock, At Cost [Member]
Beginning balance at Dec. 31, 2014				$ 2,290.9	$ (2,240)	$ (432.8)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	$ 11.7			1.4
Issuance of equity upon conversion of Series B Notes				18.5
Net income					4.4
Reclassification of net pension actuarial losses to net income, net of tax						8
Foreign currency translation adjustments						(3.2)
Ending balance at Jun. 30, 2015	$ (445.2)	$ 0	$ 0.3	$ 2,310.8	$ (2,235.6)	$ (428)	$ (92.7)

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Description of Business	Description of Business YRC Worldwide Inc. (also referred to as “YRC Worldwide,” the “Company,” “we,” “us” or “our”) is a holding company that, through wholly owned operating subsidiaries and its interest in a Chinese joint venture, offers its customers a wide range of transportation services. We have one of the largest, most comprehensive less-than-truckload (“LTL”) networks in North America with local, regional, national and international capabilities. Through our team of experienced service professionals, we offer expertise in LTL shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. Our reporting segments include the following: • YRC Freight is the reporting segment that focuses on longer haul business opportunities with national, regional and international services. YRC Freight provides for the movement of industrial, commercial and retail goods, primarily through centralized management. This reporting segment includes our LTL subsidiary YRC Inc. (“YRC Freight”) and Reimer Express (“YRC Reimer”), a subsidiary located in Canada that specializes in shipments into, across and out of Canada. In addition to the United States and Canada, YRC Freight also serves parts of Mexico, Puerto Rico and Guam. • Regional Transportation is the reporting segment for our transportation service providers focused on business opportunities in the regional and next-day delivery markets. Regional Transportation is comprised of USF Holland Inc. (“Holland”), New Penn Motor Express, Inc. (“New Penn”) and USF Reddaway Inc. (“Reddaway”). These companies each provide regional, next-day ground services in their respective regions through a network of facilities located across the United States, Canada, Mexico and Puerto Rico. At June 30, 2015 , approximately 78% of our labor force is subject to collective bargaining agreements, which predominantly expire in March 2019.

Principles of Consolidation

Principles of Consolidation	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying Consolidated Financial Statements include the accounts of YRC Worldwide and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. We report on a calendar year basis. The quarters of the Regional Transportation companies (with the exception of New Penn) consist of thirteen weeks that end on a Saturday either before or after the end of March, June and September, whereas all other operating segment quarters end on the natural calendar quarter end. Our investment in our non-majority owned affiliate is accounted for on the equity method. We make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and notes. Actual results could differ from those estimates. We have prepared the Consolidated Financial Statements, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In our opinion, all normal recurring adjustments necessary for a fair statement of the financial position, results of operations and cash flows for the interim periods included in these financial statements herein have been made. Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles (“GAAP”) have been condensed or omitted from these statements pursuant to SEC rules and regulations. Accordingly, the accompanying Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 . Fair Value of Financial Instruments The following table summarizes the fair value hierarchy of our financial assets and liabilities carried at fair value on a recurring basis as of June 30, 2015 : Fair Value Measurement Hierarchy (in millions) Total Carrying Value Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Restricted amounts held in escrow-current $ 16.7 $ 16.7 $ — $ — Restricted amounts held in escrow-long term 40.4 40.4 — — Total assets at fair value $ 57.1 $ 57.1 $ — $ — Restricted amounts held in escrow are invested in money market accounts and are recorded at fair value based on quoted market prices. The carrying value of cash and cash equivalents, accounts receivable and accounts payable approximates their fair value due to the short-term nature of these instruments. Reclassifications Out of Accumulated Other Comprehensive Loss For three and six months ended June 30, 2015 , we reclassified the amortization of our net pension loss totaling $3.9 million and $8.0 million , respectively, net of tax, from accumulated other comprehensive loss to net income. For three and six months ended June 30, 2014 , we reclassified the amortization of our net pension loss totaling $1.9 million and $3.9 million , respectively, net of tax, from accumulated other comprehensive loss to net loss. This reclassification is a component of net periodic pension cost and is discussed in the “Employee Benefits” footnote. Impact of Recently Issued Accounting Standards In April 2015, the Financial Accounting Standards Board (“FASB”) issued new authoritative literature, Interest - Imputation of Interest , which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with the accounting treatment for debt discounts. The recognition and measurement guidance of debt issuance costs are not affected by this update. The guidance, which requires retrospective application, is effective for the Company beginning January 1, 2016, but early adoption is allowed. The adoption of this guidance is not expected to have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued new authoritative literature, Revenue from Contracts with Customers, Deferral of the Effective Date , which defers the effective date of the new revenue standard by one year. The new standard is effective for the Company beginning January 1, 2018. Early adoption is permitted for annual periods beginning January 1, 2017. While we do not believe the guidance will have a significant impact on the Company’s consolidated financial statements, we are currently evaluating the guidance, including which transition approach will be applied.

Debt and Financing

Debt and Financing	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt and Financing	Debt and Financing Our outstanding debt as of June 30, 2015 and December 31, 2014 consisted of the following: As of June 30, 2015 (in millions) Par Value Discount Book Value Stated Interest Rate Average Effective Interest Rate Term Loan $ 689.5 $ (5.0 ) $ 684.5 8.3 % 8.5 % ABL Facility (a) — — — N/A N/A Secured Second A&R CDA 45.0 — 45.0 3.3-18.3% 7.3 % Unsecured Second A&R CDA 73.2 — 73.2 3.3-18.3% 7.3 % Lease financing obligations 281.5 — 281.5 10.0-18.2% 12.0 % Total debt $ 1,089.2 $ (5.0 ) $ 1,084.2 Current maturities of Term Loan (7.0 ) — (7.0 ) Current maturities of lease financing obligations (7.8 ) — (7.8 ) Long-term debt $ 1,074.4 $ (5.0 ) $ 1,069.4 (a) There were no amounts drawn on the ABL Facility at any time during the six months ended June 30, 2015. As of December 31, 2014 (in millions) Par Value Discount Book Value Stated Interest Rate Average Effective Interest Rate Term Loan $ 693.0 $ (5.7 ) $ 687.3 8.3 % 8.5 % ABL Facility (a) — — — N/A N/A Series B Notes 17.7 (0.6 ) 17.1 10.0 % 25.6 % Secured Second A&R CDA 47.0 — 47.0 3.3-18.3% 7.3 % Unsecured Second A&R CDA 73.2 — 73.2 3.3-18.3% 7.3 % Lease financing obligations 285.1 — 285.1 10.0-18.2% 12.0 % Other 0.2 — 0.2 Total debt $ 1,116.2 $ (6.3 ) $ 1,109.9 Current maturities of Term Loan (7.0 ) — (7.0 ) Current maturities of Series B Notes (17.7 ) 0.6 (17.1 ) Current maturities of lease financing obligations (6.8 ) — (6.8 ) Current maturities of other (0.2 ) — (0.2 ) Long-term debt $ 1,084.5 $ (5.7 ) $ 1,078.8 (a) There were no amounts drawn on the ABL Facility at any time during the twelve months ended December 31, 2014. ABL Facility Availability As of June 30, 2015 , we had cash and cash equivalents of $196.0 million and the borrowing base and maximum availability on our asset based loan facility (the “ABL Facility”) were $436.4 million and $73.8 million , respectively. The maximum availability is calculated in accordance with the terms of the ABL Facility and is derived by reducing the borrowing base by our $362.6 million of outstanding letters of credit. While our ABL Agreement permits us to access maximum availability outside of certain financial covenant restrictions (which restrictions did not limit our availability as of June 30, 2015 ), the maximum amount we expect to access on our ABL Facility at any time is maximum availability less the lower of 10% of the borrowing base ( $43.7 million at June 30, 2015 ) or 10% of the collateral line cap ( $45.0 million at June 30, 2015 ). Thus, of the $73.8 million in maximum availability, we expected to access no more than $30.1 million as of June 30, 2015 (“Managed Accessibility”). As a result, we had cash and cash equivalents and Managed Accessibility of $226.1 million as of June 30, 2015 . As of December 31, 2014 , we had cash and cash equivalents of $171.1 million and the borrowing base and maximum availability on our ABL Facility were $445.5 million and $71.2 million , respectively. The maximum availability is calculated in accordance with the terms of the ABL Facility and is derived by reducing the borrowing base by our $374.3 million of outstanding letters of credit. As of December 31, 2014 , amounts able to be drawn on our ABL Facility (which were limited by certain financial covenant restrictions) were $27.1 million , for a total of cash and cash equivalents and amounts able to be drawn on our ABL Facility of $198.2 million . Credit Facility Covenants The credit agreement (the “Term Loan Agreement”) governing our term loan facility (the “Term Loan”), as amended in September 2014, has certain financial covenants that, among other things, restricts certain capital expenditures and requires us to maintain a maximum total leverage ratio (defined as Consolidated Total Debt divided by Consolidated Adjusted EBITDA as defined below). Our total maximum leverage ratio covenants are as follows: Four Consecutive Fiscal Quarters Ending Maximum Total Leverage Ratio Four Consecutive Fiscal Quarters Ending Maximum Total Leverage Ratio June 30, 2015 4.75 to 1.00 December 31, 2016 3.50 to 1.00 September 30, 2015 4.50 to 1.00 March 31, 2017 3.25 to 1.00 December 31, 2015 4.25 to 1.00 June 30, 2017 3.25 to 1.00 March 31, 2016 4.00 to 1.00 September 30, 2017 3.25 to 1.00 June 30, 2016 3.75 to 1.00 December 31, 2017 and thereafter 3.00 to 1.00 September 30, 2016 3.75 to 1.00 Consolidated Adjusted EBITDA, defined in our Term Loan Agreement as “Consolidated EBITDA,” is a measure that reflects our earnings before interest, taxes, depreciation, and amortization expense, and is further adjusted for, among other things, letter of credit fees, equity-based compensation expense, net gains or losses on property disposals, restructuring professional fees, nonrecurring consulting fees, expenses associated with certain lump sum payments to our International Brotherhood of Teamsters (“IBT”) employees and the results of permitted dispositions and discontinued operations. Consolidated Total Debt, as defined in our Term Loan Agreement, is the aggregate principal amount of indebtedness outstanding. Our total leverage ratio for the four consecutive fiscal quarters ending June 30, 2015 was 3.33 to 1.00. Additionally, our ABL Facility credit agreement, among other things, restricts certain capital expenditures. We believe that our results of operations will be sufficient to allow us to comply with the covenants in the Term Loan Agreement, fund our operations, increase working capital as necessary to support our planned revenue growth and fund capital expenditures for at least the next twelve months. In order for us to maintain compliance with the maximum total leverage ratio over the tenor of the Term Loan and satisfy our liquidity needs, we must achieve positive operating results which reflect continuing improvement over our recent results. Improvements to our profitability may include ongoing successful implementation and realization of pricing, productivity and efficiency initiatives, as well as increased volume, some of which are outside of our control. Series B Exchange Our 10% Series B Convertible Senior Secured Notes (the “Series B Notes”), which matured on March 31, 2015, were convertible into our common stock, at the conversion price per share of approximately $18.5334 and a conversion rate of 53.9567 common shares per $1,000 of the Series B Notes (such conversion price and conversion rate applying also to the Series B Notes make whole premium). On March 25, 2015, we entered into an exchange agreement with certain holders of our Series B Notes to exchange their outstanding principal and accrued interest balances totaling $17.9 million at conversion price of $18.00 per share for an aggregate 994,689 shares of Common Stock. During the six months ended June 30, 2015, we recorded $0.6 million of additional expense related to the fair value of the incremental shares provided to those holders who exchanged their outstanding balances. At maturity on March 31, 2015, we repaid the holders of the remaining outstanding Series B Notes approximately $0.3 million of cash. On January 31, 2014, certain holders of our Series B Notes exchanged their outstanding notes as part of an exchange agreement. Outside of these exchange agreements, during the six months ended June 30, 2014 , $1.2 million of aggregate principal amount of Series B Notes were converted into 75,900 shares of our common stock, which includes the make whole premium. Upon conversion, during the six months ended June 30, 2014, we recorded $0.4 million of additional interest expense representing the $0.2 million make whole premium and $0.2 million of accelerated amortization of the discount on converted Series B Notes. There were no conversions during the three months ended June 30, 2014. Fair Value Measurement The carrying amounts and estimated fair values of our long-term debt, including current maturities and other financial instruments, are summarized as follows: June 30, 2015 December 31, 2014 (in millions) Carrying amount Fair value Carrying amount Fair value Term Loan $ 684.5 $ 674.0 $ 687.3 $ 685.4 Series B Notes — — 17.1 17.7 Lease financing obligations 281.5 288.5 285.1 282.2 Other 118.2 115.5 120.4 119.1 Total debt $ 1,084.2 $ 1,078.0 $ 1,109.9 $ 1,104.4 The fair values of the Term Loan, Series B Notes and the Secured and Unsecured Amended and Restated Contribution Deferral Agreement (the “A&R CDA”) (included in “Other” above) were estimated based on observable prices (level two inputs for fair value measurements). The fair value of the lease financing obligations is estimated using a publicly traded secured loan with similar characteristics (level three input for fair value measurement). Leases As of June 30, 2015 , our minimum rental expense under operating leases for the remainder of the year is $43.6 million . As of June 30, 2015 , our operating lease payment obligations through 2025 totaled $215.6 million and is expected to increase as we lease additional revenue equipment. Our capital expenditures for the six months ended June 30, 2015 and 2014 were $42.6 million and $24.7 million , respectively. These amounts were principally used to fund the purchase of used tractors, trailers and refurbished engines for our revenue fleet and capitalized costs for technology infrastructure. Additionally, for the six months ended June 30, 2015 , we entered into new operating leases for revenue equipment for $78.6 million , payable over the average lease term of five years.

Employee Benefits

Employee Benefits	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	Employee Benefits The following table presents the components of our company-sponsored pension costs for the three and six months ended June 30 : Three Months Six Months (in millions) 2015 2014 2015 2014 Service cost $ 1.2 $ 1.1 $ 2.4 $ 2.1 Interest cost 14.3 15.2 28.6 30.4 Expected return on plan assets (15.0 ) (13.4 ) (30.0 ) (26.8 ) Amortization of net pension loss 4.0 3.2 8.0 6.4 Total periodic pension cost $ 4.5 $ 6.1 $ 9.0 $ 12.1 We expect to contribute $60.3 million to our company-sponsored pension plans in 2015 of which we have contributed $24.4 million through June 30, 2015 .

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our effective tax rate for the three and six months ended June 30, 2015 was 8.1% and 45.7% , compared to 61.7% and 13.8% for the three and six months ended June 30, 2014 . The significant items impacting the 2015 rate include a net state and foreign tax provision, certain permanent items, and a change in the valuation allowance established for the net deferred tax asset balance projected for December 31, 2015 . The significant items impacting the 2014 rate include a federal refund from a projected taxable loss, an intraperiod tax allocation required by ASC 740, Income Taxes , a net state and foreign tax provision, certain permanent items, and a change in the valuation allowance established for the net deferred tax asset balance projected for December 31, 2014. We recognize valuation allowances on deferred tax assets if, based on the weight of the evidence, we determine it is more likely than not such assets will not be realized. Changes in valuation allowances are included in our tax provision in the period of change. In determining whether a valuation allowance is warranted, we evaluate factors such as prior years’ earnings history, expected future earnings, loss carry-back and carry-forward periods, reversals of existing deferred tax liabilities and tax planning strategies that potentially enhance the likelihood of the realization of a deferred tax asset. At June 30, 2015 and December 31, 2014 , substantially all of our net deferred tax assets were subject to a valuation allowance. Concurrent with the financing transactions of January 31, 2014, the Company experienced a change of ownership as described in Section 382 of the Internal Revenue Code. The impact of the 2014 ownership change on the Company’s ability to utilize its Net Operating Loss carryforwards and other tax attributes is not material as most of the carryforwards to which this ownership change applies already have been significantly limited by previous ownership changes occurring in 2011 and 2013.

Shareholders' Deficit

Shareholders' Deficit	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Shareholders' Deficit	Shareholders’ Deficit The following reflects the activity in the shares of our common stock for the six months ended June 30, 2015 : (shares in thousands) 2015 Beginning balance 30,667 Issuance of equity awards 284 Issuance of common stock upon conversion or exchange of Series B Notes 995 Ending balance 31,946

Stock Compensation Plans

Stock Compensation Plans	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation Plans	Stock Compensation Plans Performance Based Awards On March 9, 2015, the Company granted performance stock unit awards (“2015 Performance Awards”) to employees. The awards provide a target number of shares that vest equally over three years , with the first vesting occurring on February 23, 2016. In addition to meeting service conditions, the number of performance stock units to be received depends on the attainment of defined Company-wide performance goals for 2015 based on adjusted return on invested capital over a one year performance period. The number of performance stock units ultimately earned will range between zero to 200% of the target award. A summary of performance based unvested stock unit activity at target is as follows: (stock units in thousands) Target Number of Units Weighted Average Fair Value Unvested performance stock unit awards, at December 31, 2014 — — 2015 Performance Awards granted 217 $ 18.10 2015 Performance Awards forfeited (3 ) 18.23 Unvested performance stock unit awards, at June 30, 2015 (a) 214 $ 18.10 (a) For the 2015 Performance Awards, participants in the aggregate can earn up to a maximum of 428 thousand performance stock units. The Company expenses the grant date fair value of the awards which are probable of being earned in the performance period over the respective service period. Compensation cost on performance based awards was $0.8 million and $1.1 million for the three and six months ended June 30, 2015 . As of June 30, 2015 , at target performance, $3.4 million of unrecognized compensation cost related to performance based awards is expected to be recognized over a weighted-average period of 2.6 years.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share We calculate basic earnings (loss) per share by dividing our net earnings (loss) by our weighted-average shares outstanding at the end of the period. The calculation for diluted earnings per share adjusts the weighted average shares outstanding for our dilutive shares, options and stock units using the treasury stock method. Our calculation for basic and dilutive earnings per share for the three and six months ended June 30 , 2015 and 2014 is as follows: Three Months Six Months (dollars in millions, except per share data, shares and stock units in thousands) 2015 2014 2015 2014 Basic and dilutive net income (loss) available to common shareholders $ 26.0 $ (4.9 ) $ 4.4 $ (93.2 ) Basic weighted average shares outstanding 31,929 30,612 31,367 26,501 Effect of dilutive securities: Shares and stock units 653 — 711 — Series B Notes — — 484 — Dilutive weighted average shares outstanding 32,582 30,612 32,562 26,501 Basic earnings (loss) per share $ 0.81 $ (0.16 ) $ 0.14 $ (3.52 ) Diluted earnings (loss) per share $ 0.80 $ (0.16 ) $ 0.13 $ (3.52 ) Given our net loss position for the three and six months ended June 30, 2014 , there were no dilutive securities for these periods. Our anti-dilutive securities at June 30 , 2015 and 2014 are as follows: (shares, options and stock units in thousands) 2015 2014 Anti-dilutive shares, options, and stock units 237 671 Anti-dilutive 10% Series A Convertible Senior Secured Notes (“Series A Notes”) — 2,612 Anti-dilutive Series B Notes — 981

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Business Segments	Business Segments We report financial and descriptive information about our reporting segments on a basis consistent with that used internally for evaluating segment performance and allocating resources to segments. We evaluate segment performance primarily on external revenue and operating income (loss). We have the following reportable segments, which are strategic business units that offer complementary transportation services to our customers: • YRC Freight is the reporting segment for our transportation service providers focused on business opportunities in national, regional and international services. YRC Freight provides for the movement of industrial, commercial and retail goods, primarily through centralized management. This unit includes our LTL subsidiaries YRC Freight and YRC Reimer, a subsidiary located in Canada that specializes in shipments into, across and out of Canada. In addition to the United States and Canada, YRC Freight also serves parts of Mexico, Puerto Rico and Guam. • Regional Transportation is the reporting segment for our transportation service providers focused on business opportunities in the regional and next-day delivery markets. The Regional Transportation companies each provide regional, next-day ground services in their respective regions through a network of facilities located across the United States, Canada, Mexico and Puerto Rico. We charge management fees and other corporate service fees to our reportable segments based on the direct benefits received or an overhead allocation basis. Corporate and other operating losses represent residual operating expenses of the holding company. Corporate identifiable assets primarily consist of cash, cash equivalents, an investment in an equity method affiliate and deferred debt issuance costs. Intersegment revenue primarily relates to transportation services between our segments. The following table summarizes our operations by business segment: (in millions) YRC Freight Regional Transportation Corporate/ Eliminations Consolidated As of June 30, 2015 Identifiable assets $ 1,466.6 $ 765.5 $ (263.5 ) $ 1,968.6 As of December 31, 2014 Identifiable assets $ 1,462.1 $ 685.7 $ (162.8 ) $ 1,985.0 Three Months Ended June 30, 2015 External revenue $ 795.2 $ 463.2 $ — $ 1,258.4 Operating income (loss) $ 22.5 $ 37.7 $ (3.3 ) $ 56.9 Six Months Ended June 30, 2015 External revenue $ 1,532.8 $ 912.0 $ — $ 2,444.8 Operating income (loss) $ 22.7 $ 42.3 $ (4.4 ) $ 60.6 Three Months Ended June 30, 2014 External revenue $ 842.1 $ 475.5 $ — $ 1,317.6 Operating income (loss) $ (0.3 ) $ 23.2 $ (2.9 ) $ 20.0 Six Months Ended June 30, 2014 External revenue $ 1,598.9 $ 929.6 $ — $ 2,528.5 Operating income (loss) $ (32.8 ) $ 31.1 $ (10.7 ) $ (12.4 )

Commitments, Contingencies and

Commitments, Contingencies and Uncertainties	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Uncertainties	Commitments, Contingencies and Uncertainties Bryant Holdings Securities Litigation On February 7, 2011, a putative class action was filed by Bryant Holdings LLC in the U.S. District Court for the District of Kansas on behalf of purchasers of our common stock between April 24, 2008 and November 2, 2009, inclusive (the “Class Period”), seeking damages under the federal securities laws for statements and/or omissions allegedly made by us and the individual defendants during the Class Period which plaintiffs claimed to be false and misleading. The individual defendants are former officers of our Company. No current officers or directors are named in the lawsuit. The parties participated in voluntary mediation between March 11, 2013 and April 15, 2013. The mediation resulted in the execution of a mutually acceptable settlement agreement by the parties. The motion to approve settlement remains pending in the district court. Substantially all of the payments contemplated by the settlement would be covered by our liability insurance. The self-insured retention on this matter has been accrued. On March 4, 2015, the district court set the case for trial beginning June 6, 2016. Other Legal Matters We are involved in other litigation or proceedings that arise in ordinary business activities. When possible, we insure against these risks to the extent we deem prudent, but no assurance can be given that the nature or amount of such insurance will be sufficient to fully indemnify us against liabilities arising out of pending and future legal proceedings. Many of these insurance policies contain self-insured retentions in amounts we deem prudent. Based on our current assessment of information available as of the date of these financial statements, we believe that our financial statements include adequate provisions for estimated costs and losses that may be incurred within the litigation and proceedings to which we are a party.

Principles of Consolidation (Ta

Principles of Consolidation (Tables)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following table summarizes the fair value hierarchy of our financial assets and liabilities carried at fair value on a recurring basis as of June 30, 2015 : Fair Value Measurement Hierarchy (in millions) Total Carrying Value Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Restricted amounts held in escrow-current $ 16.7 $ 16.7 $ — $ — Restricted amounts held in escrow-long term 40.4 40.4 — — Total assets at fair value $ 57.1 $ 57.1 $ — $ —

Debt and Financing (Tables)

Debt and Financing (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Our outstanding debt as of June 30, 2015 and December 31, 2014 consisted of the following: As of June 30, 2015 (in millions) Par Value Discount Book Value Stated Interest Rate Average Effective Interest Rate Term Loan $ 689.5 $ (5.0 ) $ 684.5 8.3 % 8.5 % ABL Facility (a) — — — N/A N/A Secured Second A&R CDA 45.0 — 45.0 3.3-18.3% 7.3 % Unsecured Second A&R CDA 73.2 — 73.2 3.3-18.3% 7.3 % Lease financing obligations 281.5 — 281.5 10.0-18.2% 12.0 % Total debt $ 1,089.2 $ (5.0 ) $ 1,084.2 Current maturities of Term Loan (7.0 ) — (7.0 ) Current maturities of lease financing obligations (7.8 ) — (7.8 ) Long-term debt $ 1,074.4 $ (5.0 ) $ 1,069.4 (a) There were no amounts drawn on the ABL Facility at any time during the six months ended June 30, 2015. As of December 31, 2014 (in millions) Par Value Discount Book Value Stated Interest Rate Average Effective Interest Rate Term Loan $ 693.0 $ (5.7 ) $ 687.3 8.3 % 8.5 % ABL Facility (a) — — — N/A N/A Series B Notes 17.7 (0.6 ) 17.1 10.0 % 25.6 % Secured Second A&R CDA 47.0 — 47.0 3.3-18.3% 7.3 % Unsecured Second A&R CDA 73.2 — 73.2 3.3-18.3% 7.3 % Lease financing obligations 285.1 — 285.1 10.0-18.2% 12.0 % Other 0.2 — 0.2 Total debt $ 1,116.2 $ (6.3 ) $ 1,109.9 Current maturities of Term Loan (7.0 ) — (7.0 ) Current maturities of Series B Notes (17.7 ) 0.6 (17.1 ) Current maturities of lease financing obligations (6.8 ) — (6.8 ) Current maturities of other (0.2 ) — (0.2 ) Long-term debt $ 1,084.5 $ (5.7 ) $ 1,078.8 (a) There were no amounts drawn on the ABL Facility at any time during the twelve months ended December 31, 2014.
Schedule of Maximum Total Leverage Ratio for Remaining Test Periods [Table Text Block]	Our total maximum leverage ratio covenants are as follows: Four Consecutive Fiscal Quarters Ending Maximum Total Leverage Ratio Four Consecutive Fiscal Quarters Ending Maximum Total Leverage Ratio June 30, 2015 4.75 to 1.00 December 31, 2016 3.50 to 1.00 September 30, 2015 4.50 to 1.00 March 31, 2017 3.25 to 1.00 December 31, 2015 4.25 to 1.00 June 30, 2017 3.25 to 1.00 March 31, 2016 4.00 to 1.00 September 30, 2017 3.25 to 1.00 June 30, 2016 3.75 to 1.00 December 31, 2017 and thereafter 3.00 to 1.00 September 30, 2016 3.75 to 1.00
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The carrying amounts and estimated fair values of our long-term debt, including current maturities and other financial instruments, are summarized as follows: June 30, 2015 December 31, 2014 (in millions) Carrying amount Fair value Carrying amount Fair value Term Loan $ 684.5 $ 674.0 $ 687.3 $ 685.4 Series B Notes — — 17.1 17.7 Lease financing obligations 281.5 288.5 285.1 282.2 Other 118.2 115.5 120.4 119.1 Total debt $ 1,084.2 $ 1,078.0 $ 1,109.9 $ 1,104.4

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of Costs of Retirement Plans [Table Text Block]	The following table presents the components of our company-sponsored pension costs for the three and six months ended June 30 : Three Months Six Months (in millions) 2015 2014 2015 2014 Service cost $ 1.2 $ 1.1 $ 2.4 $ 2.1 Interest cost 14.3 15.2 28.6 30.4 Expected return on plan assets (15.0 ) (13.4 ) (30.0 ) (26.8 ) Amortization of net pension loss 4.0 3.2 8.0 6.4 Total periodic pension cost $ 4.5 $ 6.1 $ 9.0 $ 12.1

Shareholders' Deficit (Tables)

Shareholders' Deficit (Tables)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity [Table Text Block]	The following reflects the activity in the shares of our common stock for the six months ended June 30, 2015 : (shares in thousands) 2015 Beginning balance 30,667 Issuance of equity awards 284 Issuance of common stock upon conversion or exchange of Series B Notes 995 Ending balance 31,946

Stock Compensation Plans (Table

Stock Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of performance based unvested stock unit activity at target is as follows: (stock units in thousands) Target Number of Units Weighted Average Fair Value Unvested performance stock unit awards, at December 31, 2014 — — 2015 Performance Awards granted 217 $ 18.10 2015 Performance Awards forfeited (3 ) 18.23 Unvested performance stock unit awards, at June 30, 2015 (a) 214 $ 18.10 (a) For the 2015 Performance Awards, participants in the aggregate can earn up to a maximum of 428 thousand performance stock units.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Our calculation for basic and dilutive earnings per share for the three and six months ended June 30 , 2015 and 2014 is as follows: Three Months Six Months (dollars in millions, except per share data, shares and stock units in thousands) 2015 2014 2015 2014 Basic and dilutive net income (loss) available to common shareholders $ 26.0 $ (4.9 ) $ 4.4 $ (93.2 ) Basic weighted average shares outstanding 31,929 30,612 31,367 26,501 Effect of dilutive securities: Shares and stock units 653 — 711 — Series B Notes — — 484 — Dilutive weighted average shares outstanding 32,582 30,612 32,562 26,501 Basic earnings (loss) per share $ 0.81 $ (0.16 ) $ 0.14 $ (3.52 ) Diluted earnings (loss) per share $ 0.80 $ (0.16 ) $ 0.13 $ (3.52 )
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share	Our anti-dilutive securities at June 30 , 2015 and 2014 are as follows: (shares, options and stock units in thousands) 2015 2014 Anti-dilutive shares, options, and stock units 237 671 Anti-dilutive 10% Series A Convertible Senior Secured Notes (“Series A Notes”) — 2,612 Anti-dilutive Series B Notes — 981

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following table summarizes our operations by business segment: (in millions) YRC Freight Regional Transportation Corporate/ Eliminations Consolidated As of June 30, 2015 Identifiable assets $ 1,466.6 $ 765.5 $ (263.5 ) $ 1,968.6 As of December 31, 2014 Identifiable assets $ 1,462.1 $ 685.7 $ (162.8 ) $ 1,985.0 Three Months Ended June 30, 2015 External revenue $ 795.2 $ 463.2 $ — $ 1,258.4 Operating income (loss) $ 22.5 $ 37.7 $ (3.3 ) $ 56.9 Six Months Ended June 30, 2015 External revenue $ 1,532.8 $ 912.0 $ — $ 2,444.8 Operating income (loss) $ 22.7 $ 42.3 $ (4.4 ) $ 60.6 Three Months Ended June 30, 2014 External revenue $ 842.1 $ 475.5 $ — $ 1,317.6 Operating income (loss) $ (0.3 ) $ 23.2 $ (2.9 ) $ 20.0 Six Months Ended June 30, 2014 External revenue $ 1,598.9 $ 929.6 $ — $ 2,528.5 Operating income (loss) $ (32.8 ) $ 31.1 $ (10.7 ) $ (12.4 )

Description of Business (Detail

Description of Business (Details)	6 Months Ended
	Jun. 30, 2015
Workforce Subject to Collective Bargaining Arrangements [Member] | Labor Force Concentration Risk [Member]
Concentration Risk [Line Items]
Percentage of workforce subject to collective bargaining agreements	78.00%

Principles of Consolidation (Fa

Principles of Consolidation (Fair Value Measurement) (Details) - Fair Value, Measurements, Recurring [Member] $ in Millions	Jun. 30, 2015USD ($)
Quoted prices in active market (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Restricted amounts held in escrow-current	$ 16.7
Restricted amounts held in escrow-long term	40.4
Total assets at fair value	57.1
Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Restricted amounts held in escrow-current	0
Restricted amounts held in escrow-long term	0
Total assets at fair value	0
Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Restricted amounts held in escrow-current	0
Restricted amounts held in escrow-long term	0
Total assets at fair value	0
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Restricted amounts held in escrow-current	16.7
Restricted amounts held in escrow-long term	40.4
Total assets at fair value	$ 57.1

Principles of Consolidation (Re

Principles of Consolidation (Reclassification Out of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Member]
Reclassifications out of Accumulated Comprehensive loss [Line Items]
Reclassification of net pension actuarial losses to net income, net of tax	$ 3.9	$ 1.9	$ 8	$ 3.9

Debt and Financing (Details)

Debt and Financing (Details)		3 Months Ended	6 Months Ended		12 Months Ended
		Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2014USD ($)shares	Jun. 30, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)	Mar. 25, 2015$ / sharesshares	Dec. 31, 2013USD ($)
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 1,089,200,000		$ 1,089,200,000	$ 1,116,200,000
Premium/(Discount), Debt			(5,000,000)		(5,000,000)	(6,300,000)
Book Value			1,084,200,000		1,084,200,000	1,109,900,000
Book Value, Current Maturities			(14,800,000)		(14,800,000)	(31,100,000)
Par Value, Excluding Current Maturities			1,074,400,000		1,074,400,000	1,084,500,000
Debt Instrument, Unamortized Discount (Premium), Net, Noncurrent Maturities			5,000,000		5,000,000	5,700,000
Book Value, Excluding Current Maturities			1,069,400,000		1,069,400,000	1,078,800,000
Cash and cash equivalents		$ 173,900,000	196,000,000	$ 173,900,000	$ 196,000,000	171,100,000		$ 176,300,000
Series B Notes outstanding principal and interest							17,900,000
Series B Notes conversion price per share | $ / shares							$ 18
Common stock shares converted for Series B Notes | shares							994,689
Expense Related to Fair Value of Incremental Shares Converted			$ 600,000
Cash Repayment to Series B Notes holders			300,000		300,000
Amortization of premiums and discounts on debt			$ 1,400,000	20,100,000
Operating leases, future minimum payments, remainder of fiscal year			43,600,000		$ 43,600,000
Operating leases, future minimum payments due			215,600,000		215,600,000
Acquisition of property and equipment			(42,600,000)	(24,700,000)
Carrying Amount [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			1,084,200,000		1,084,200,000	1,109,900,000
Fair Value [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			1,078,000,000		1,078,000,000	1,104,400,000
2014 Term Loan [Domain] [Domain]
Debt Instrument [Line Items]
Long-term Debt, Gross			689,500,000		689,500,000
Premium/(Discount), Debt			(5,000,000)		(5,000,000)
Book Value			684,500,000		684,500,000
Debt Instrument, Gross, Current Maturities			(7,000,000)		(7,000,000)	(7,000,000)
Premium/(Discount), Current Maturities			0		0	0
Book Value, Current Maturities			$ (7,000,000)		$ (7,000,000)	(7,000,000)
Stated Interest Rate			8.25%		8.25%
Average Effective Interest Rate			8.50%		8.50%
2014 Term Loan [Domain] [Domain] | Carrying Amount [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			$ 684,500,000		$ 684,500,000	687,300,000
2014 Term Loan [Domain] [Domain] | Fair Value [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			674,000,000		674,000,000	685,400,000
Restructured Term Loan [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross						693,000,000
Premium/(Discount), Debt						(5,700,000)
Book Value						$ 687,300,000
Stated Interest Rate						8.25%
Average Effective Interest Rate						8.50%
Line of Credit [Member] | 2014 ABL Facility Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	[1]		0		0
Premium/(Discount), Debt	[1]		0		0
Book Value	[1]		0		0
Borrowing base			436,400,000		436,400,000	$ 445,500,000
Line of credit facility, total cash and availability			$ 73,800,000		73,800,000	71,200,000
Line of Credit [Member] | ABL facility - Term A [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	[2]					0
Premium/(Discount), Debt	[2]					0
Book Value	[2]					0
Pension Contribution Deferral Obligation [Member]
Debt Instrument [Line Items]
Stated Interest Rate, Minimum
Stated Interest Rate, Maximum
Letter of Credit [Member] | 2014 ABL Facility Credit Agreement [Member]
Debt Instrument [Line Items]
Letters of credit outstanding, amount			$ 362,600,000		362,600,000	374,300,000
10 percent of Borrowing Base			43,700,000		43,700,000
10 percent of line cap			45,000,000		45,000,000
Unused borrowing capacity, amount						27,100,000
Senior Notes [Member] | Carrying Amount [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			0		0	17,100,000
Senior Notes [Member] | Fair Value [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			$ 0		$ 0	17,700,000
Senior Notes [Member] | Senior B Notes [Domain]
Debt Instrument [Line Items]
Long-term Debt, Gross						17,700,000
Premium/(Discount), Debt						(600,000)
Book Value						$ 17,100,000
Stated Interest Rate						10.00%
Average Effective Interest Rate						25.60%
Senior Notes [Member] | Senior B Notes
Debt Instrument [Line Items]
Debt conversion price, future period | $ / shares			$ 18.5334		$ 18.5334
Number of shares converted per thousand, future period | shares			53.9567
Conversion ratio			0.0539567
Debt conversion, amount		$ 0		$ 1,200,000
Conversion of stock, shares converted | shares				75,900
Interest Expense, Debt				$ 400,000
Make whole premium				200,000
Amortization of premiums and discounts on debt				$ 200,000
Senior Notes [Member] | Series B Note [Member]
Debt Instrument [Line Items]
Debt Instrument, Gross, Current Maturities						$ (17,700,000)
Premium/(Discount), Current Maturities						600,000
Book Value, Current Maturities						(17,100,000)
Secured Second A&R CDA [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 45,000,000		$ 45,000,000	47,000,000
Premium/(Discount), Debt			0		0	0
Book Value			$ 45,000,000		$ 45,000,000	$ 47,000,000
Stated Interest Rate, Minimum		3.25%	3.30%
Stated Interest Rate, Maximum		18.30%	18.30%
Average Effective Interest Rate			7.30%		7.30%	7.30%
Unsecured Second A&R CD [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 73,200,000		$ 73,200,000	$ 73,200,000
Premium/(Discount), Debt			0		0	0
Book Value			$ 73,200,000		$ 73,200,000	$ 73,200,000
Stated Interest Rate, Minimum			3.30%
Stated Interest Rate, Maximum			18.30%
Average Effective Interest Rate			7.30%		7.30%	7.30%
Lease Financing Obligations [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 281,500,000		$ 281,500,000	$ 285,100,000
Premium/(Discount), Debt			0		0	0
Book Value			281,500,000		281,500,000	285,100,000
Debt Instrument, Gross, Current Maturities			(7,800,000)		(7,800,000)	(6,800,000)
Premium/(Discount), Current Maturities			0		0	0
Book Value, Current Maturities			$ (7,800,000)		$ (7,800,000)	$ (6,800,000)
Stated Interest Rate, Minimum			10.00%			10.00%
Stated Interest Rate, Maximum			18.20%			18.20%
Average Effective Interest Rate			12.00%		12.00%	12.00%
Lease Financing Obligations [Member] | Carrying Amount [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			$ 281,500,000		$ 281,500,000	$ 285,100,000
Lease Financing Obligations [Member] | Fair Value [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			288,500,000		288,500,000	282,200,000
Other Debt Obligations [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross						200,000
Premium/(Discount), Debt						0
Book Value						200,000
Debt Instrument, Gross, Current Maturities						(200,000)
Premium/(Discount), Current Maturities						0
Book Value, Current Maturities						(200,000)
Other Debt Obligations [Member] | Carrying Amount [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			118,200,000		118,200,000	120,400,000
Other Debt Obligations [Member] | Fair Value [Member]
Debt Instrument [Line Items]
Long-term Debt, Fair Value			$ 115,500,000		$ 115,500,000	119,100,000
Credit Agreement Amendment, September 2014 [Member]
Debt Instrument [Line Items]
Maximum Total Leverage Ratio, June 30, 2015			4.75
Maximum Total Leverage Ratio, September 30, 2015			4.50
Maximum Total Leverage Ratio, December 31, 2015			4.25
Maximum Total Leverage Ratio, March 31, 2016			4
Maximum Total Leverage Ratio, June 30, 2016			3.75
Maximum Total Leverage Ratio, September 30, 2016			3.75
Maximum Total Leverage Ratio, December 31, 2016			3.50
Maximum Total Leverage Ratio, March 31, 2017			3.25
Maximum Total Leverage Ratio, June 30, 2017			3.25
Maximum Total Leverage Ratio, September 30, 2017			3.25
Maximum Total Leverage Ratio, December 31, 2017 and thereafter			3
Debt Instrument, Total Leverage Ratio					3.33
2014 ABL Facility Credit Agreement [Member]
Debt Instrument [Line Items]
Amount able to be drawn			$ 30,100,000
2014 ABL Facility Credit Agreement [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Line of credit facility, total cash and availability			226,100,000		$ 226,100,000	$ 198,200,000
Revenue Equipment [Member]
Debt Instrument [Line Items]
Operating lease commitment			$ 78,600,000		$ 78,600,000
Operating lease term			5 years
[1]	There were no amounts drawn on the ABL Facility at any time during the six months ended June 30, 2015.
[2]	There were no amounts drawn on the ABL Facility at any time during the twelve months ended December 31, 2014.

Employee Benefits (Details)

Employee Benefits (Details) - Other Postretirement Benefit Plans, Defined Benefit [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1.2	$ 1.1	$ 2.4	$ 2.1
Interest cost	14.3	15.2	28.6	30.4
Expected return on plan assets	(15)	(13.4)	(30)	(26.8)
Amortization of net pension loss	4	3.2	8	6.4
Total periodic pension cost	4.5	$ 6.1	9	$ 12.1
Expected future benefit payments, remainder of the year	$ 60.3		60.3
Contributions by employer			$ 24.4

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Effective Tax Rate	8.10%	61.70%	45.70%	13.80%

Shareholders' Deficit (Details)

Shareholders' Deficit (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2015shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	30,667
Issuance of equity awards	284
Issuance of common stock upon conversion or exchange of Series B Notes	995
Ending balance	31,946

Stock Compensation Plans (Detai

Stock Compensation Plans (Details) - Jun. 30, 2015 - Performance Based Stock And Share Unit - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		Total	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 years
Stock compensation performance period		1 year
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Unvested performance stock unit awards, at December 31, 2014 (Target Number of Units)	[1]		0
Unvested performance stock unit awards, at December 31, 2014 (Weighted Average Fair Value)			$ 0
2015 Performance Awards granted (Target Number of Units)	[1]	217
2015 Performance Awards granted (Weighted Average Fair Value)		$ 18.10
2015 Performance Awards forfeited (Target Number of Units)	[1]	(3)
2015 Performance Awards forfeited (Weighted Average Fair Value)		$ 18.23
Unvested performance stock unit awards, at March 31, 2015 (Target Number of Units)	[1]	214	214
Unvested performance stock unit awards, at March 31, 2015 (Weighted Average Fair Value)		$ 18.10	$ 18.10
Maximum Potential Shares Earned		428
Compensation cost, share based awards		$ 0.8	$ 1.1
Nonvested awards, compensation cost not yet recognized		$ 3.4	$ 3.4
Nonvested awards, compensation cost not yet recognized, period for recognition			2 years 7 months 24 days
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock compensation units earned range			0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock compensation units earned range			200.00%
[1]	(a) For the 2015 Performance Awards, participants in the aggregate can earn up to a maximum of 428 thousand performance stock units.

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic and dilutive net income (loss) available to common shareholders	$ 26	$ (4.9)	$ 4.4	$ (93.2)
Basic weighted average shares outstanding (in shares)	31,929,000	30,612,000	31,367,000	26,501,000
Dilutive weighted average shares outstanding (in shares)	32,582,000	30,612,000	32,562,000	26,501,000
Earnings (Loss) Per Share – Basic (in dollars per share)	$ 0.81	$ (0.16)	$ 0.14	$ (3.52)
Loss Per Share – Diluted (in dollars per share)	$ 0.80	$ (0.16)	$ 0.13	$ (3.52)
Stock Compensation Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of dilutive securities (in shares)	653,000	0	711,000	0
Anti-dilutive options and shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earnings per share			237	671
Anti-dilutive Series A Convertible Note Conversion Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earnings per share			0	2,612
Anti-dilutive Series B Convertible Note Conversion Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of dilutive securities (in shares)	0	0	484,000	0
Anti-dilutive securities excluded from computation of earnings per share			0	981

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Identifiable assets	$ 1,968.6		$ 1,968.6		$ 1,985
External revenue	1,258.4	$ 1,317.6	2,444.8	$ 2,528.5
Operating income (loss)	56.9	20	60.6	(12.4)
YRC Freight [Member]
Segment Reporting Information [Line Items]
Identifiable assets	1,466.6		1,466.6		1,462.1
External revenue	795.2	842.1	1,532.8	1,598.9
Operating income (loss)	22.5	(0.3)	22.7	(32.8)
Regional Transportation [Member]
Segment Reporting Information [Line Items]
Identifiable assets	765.5		765.5		685.7
External revenue	463.2	475.5	912	929.6
Operating income (loss)	37.7	23.2	42.3	31.1
Corporate / Eliminations [Member]
Segment Reporting Information [Line Items]
Identifiable assets	(263.5)		(263.5)		$ (162.8)
External revenue	0	0	0	0
Operating income (loss)	$ (3.3)	$ (2.9)	$ (4.4)	$ (10.7)