News
“Unconventional wisdom suggests that the road to improving LTL carrier profits begins by embracing the current economy and not competing against it.” –Doug Sartain, president, ...
Though YRC Worldwide secured enough participation in its debt-for-equity exchange last week to postpone a $19 million interest and fee payment as well ... YRC struggles reflect changing LTL dynamic.
Trucking’s competitive dynamics changed mightily on July 1 with the U.S. government’s infusion of $700 million in a badly needed financial lifeline for ailing trucking giant YRC Worldwide. YRC ...
YRC Worldwide (NASDAQ: YRCW) unveiled plans of a new $700 million lending agreement with the U.S. Department of the Treasury, which in turn will receive a stake of nearly 30% in the company.The ...
Financially struggling YRC Worldwide, which collectively represents the second-largest group of carriers in the $43 billion less-than-truckload (LTL) sector, will benefit from closings and reduced ...
KANSAS CITY – Beleaguered carrier YRC Worldwide became the latest major LTL carrier to set a general rate increase. YRC, which is in the process of f inalizing a cost restructuring agreement with its ...
YRC, the fourth largest LTL shipper, received a $700 million Cares loan that gave the Treasury a 30% stake. With YRC shares down 99.9% from their March 2005 high, don't bet on a recovery.
LTL carrier YRC Worldwide was profitable during the second quarter, but at a lesser level than during the same time in 2016.
Less-than-truckload carrier YRC Worldwide said late Thursday its logistics unit will pay as much as $75 million to buy a Chinese LTL firm.
The rationale behind the $700 million pandemic-relief loan made to less-than-truckload (LTL) carrier YRC Worldwide YRCW appears to be a likely topic during an upcoming congressional hearing on the ...
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said earlier today that it is rebranding its largest unit, YRC, as YRC Freight. This effort includes myriad components, ...
XPO Logistics (No. 12 on the CCJ Top 250), who recently purchased Con-way Inc. (No. 6), is suing less-than-truckload competitor YRC Worldwide (No. 4) over the hiring of several XPO executives and ...
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