According to an article from industry publication Freight Waves, YRC the parent company of Lebanon-based New Penn, will undergo a reorganization.
The reorganization, which was effective immediately, sees YRC’s three regional units, which includes New Penn, as well as Holland and Reddaway, now reporting directly to T.J. O’Connor, YRC’s chief operating officer.
“The more than 1,500 New Penn employees across nearly 25 service centers are hard at work continuing to serve their customers in the North East. As part of our recently announced network optimization plan New Penn, along with our other operating companies, has a new operations field reporting structure. This move is part of the progress we are making on our strategic roadmap through our new capital structure, ratified labor agreement and most recently this realignment of our operations field structure,” said Mike Kelley, VP of External Affairs for YRC Worldwide.
Due to these changes, New Penn President Howard Moshier will leave the company on October 31. Moshier was named New Penn President in 2017.
This announcement dispels, for now, previous rumors that the regional units would be rebranded.
The aim of these changes are to streamline YRC’s organizational structure, according to an internal memo from YRC CEO Darren D. Hawkins reviewed by Freight Waves.
Several months ago, YRC announced that New Penn’s Lebanon headquarters would be closing with some operations being moved to YRC’s headquarters in Overland Park, Kansas.
New Penn was founded in Lebanon by Cloyd F. Erdley and Henry R. Arnold back in 1931.
Correction: A previous version of this story incorrectly listed Mike Kelley’s job title. The error has since been corrected.