Injured in an Accident With YRC Freight? Why You Need an Experienced Truck Accident Attorney
Although UPS is a much larger commercial transportation company, when it comes to what most people would initially associate with the phrase "trucking company," with 18-wheelers and trailers criss-crossing the country, they don't get any bigger than YRC Freight. Take a lot of trucks, a lot of miles driven, and the unavoidable uncertainty of the road, and you end up with a recipe for lots of accidents.
What most people don't realize is that trucking companies of this size, who are almost always involved in large numbers of accidents, have to become experts at defending themselves in order to survive. YRC is no exception.
Even if the accident wasn't your fault, it's in YRC's interests to make sure that they pay you as little as possible for your losses. The only way to fight back against such a powerful company is to have someone equally skilled working on behalf of your claim, a firm like Grossman Law Offices, with award-winning attorneys who have been winning truck accident cases against all comers for 25 years.
Questions Answered On This Page
- Who is YRC Worldwide?
- What can I expect when pursuing a claim against YRC Worldwide?
- Why do I even need an experienced truck accident attorney to pursue a claim against YRC Worldwide?
About YRC Worldwide
YRC Freight is the main subsidiary of YRC Worldwide, headquartered in Overland Park, Kansas, and is the 5th biggest trucking company in the country. YRC is truly a multi-national corporation in every sense of the phrase, as they operate throughout the United States, Mexico, and Canada. Unlike many 18-wheelers, the trucks in YRC's fleet are classified as "less than truckload" (LTL) shipping vehicles. What LTL classification means is that these trucks do not transport large articles, instead, they deal mostly with groups of smaller sized parcels, cargo, and the like.
Another thing that makes YRC different from most other trucking companies is that they still operate regional carriers under their original names. So while the name of the side of the truck may say USF Holland, New Penn, Reddaway, or YRC Reimer, it's all the same company.
YRC's fleet consists of 14,300 trucks, and a comparable number of drivers. Combined, YRC and its subsidiaries generated $4.7 billion in revenue in 2016. Despite that revenue, after subtracting expenses, the company's profit was only about $21.5 million. This is evidence of just how tight the profit margins are at many trucking companies.
According to federal government data, YRC and its subsidiaries were involved in 1,043 crashes between 2016 and 2018. Of those accidents, 26 were fatal accidents and 328 resulted in an injury. That's an accident resulting in an injury or death roughly every 2 days.
In the interest of full disclosure, this data doesn't assign fault for these accidents, so it would be unfair to blame YRC drivers for all of them. However, it would be equally naive to assume that none of the crashes were YRC's fault.
Challenges in Suing YRC Worldwide
When records indicate that YRC turned a profit of only $21.5 million in 2016, from a certain perspective, the difference between making money and being in the red could actually come down to how much YRC has to compensate victims in accident cases. A few bad days in court could be literally all that stands between YRC making money and losing money.
When the margins are that tight, it's not just in YRC's interest to pay as little as possible when their drivers injure or kill someone, it's a matter of survival. After all, businesses that don't make money don't stay in business that long, and senior executives whose businesses aren't profitable enough have a tendency to lose their jobs.
At the same time, YRC's massive revenue stream means that they can afford the absolute best defense lawyers to help minimize the compensation they have to pay.
For any injury victim, all this adds up to a steep mountain to climb in order to get things as close as possible to how they were before the accident. It's also a climb that no one should have to make alone.
How Grossman Law Offices Can Help You Pursue Your Claim Against YRC Freight
Our system of justice affords YRC both the presumption of innocence and the right to defend themselves. Since it would be wrong to make YRC (or any company) pay for something that isn't their fault, the law places the burden to prove YRC's responsibility on the injured person.
Does YRC use the rights afforded to make its defense to the fullest? Absolutely. But I think most people would be appalled if their attorneys weren't doing everything possible to ensure that they received the most favorable outcome in their legal proceeding.
All of this is to say that YRC is very capable of looking out for its interests and has plenty of experience in truck accident injury and wrongful death cases. This gives them a huge advantage, because very few of us are ever involved in a crash with an 18-wheeler, which means it's the only truck injury case that we're likely to see in our lifetime.
This means that the average person needs all the help they can get navigating the process, and if need be, hauling a trucking company into court and forcing them to do the right thing. Grossman Law Offices has the experience and legal resources to hold even the biggest company accountable when they injure you. It doesn't matter how many motions they file or how long they attempt to drag out the process: we have the talent and resources to keep up the fight for you.
Whether you are located here in the Dallas/Fort Worth metroplex, elsewhere in Texas, or anywhere throughout the United States, truck accident attorney Michael Grossman can help you hold the trucking company accountable for your injuries.
If you have any more questions, then please do not hesitate to contact us at (855) 326-0000: our number is toll-free, and all conversations are held in the strictest confidence.
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