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Filed in YRC

Monday, May 04, 2015

Led by perennial earnings champ Old Dominion Freight Line, the nation’s LTL carriers as a group are enjoying a particularly strong earnings season—especially when one considers the first quarter usually is the slowest period for trucking in general with harsh winter weather bearing down on earnings.
Posted on 05/04 at 08:21 AM

Friday, February 06, 2015

YRC Worldwide, continuing its turnaround under CEO James L. Welch, posted its second straight quarterly profit in the fourth quarter of last year.
Posted on 02/06 at 12:00 PM
NewsYRCYRC FreightPermalink

Friday, October 31, 2014

It’s small, but senior brass at YRC Worldwide will take it. After nearly seven years of continuing losses in excess of $2.6 billion, the parent of the nation’s second-largest LTL carrier posted a narrow net profit in the third quarter ended Sept. 30.
Posted on 10/31 at 08:46 AM

Friday, August 01, 2014

YRC Worldwide, whose regional and long-haul units provide the second-largest LTL capacity in the trucking industry, narrowed its second-quarter loss to $4.9 million on $1.32 billion revenue, compared with $15.1 million loss on $1.24 billion revenue in the year-ago quarter.
Posted on 08/01 at 11:38 AM
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Thursday, May 01, 2014

YRC swung from consolidated operating income of $9.9 million in the year-ago quarter to a consolidated operating loss of $32.4 million in the 2014 first quarter. That came on operating revenue of $1.211 billion, compared with year-ago revenue of $1.162 billion.
Posted on 05/01 at 10:15 AM
NewsLTLYRCYRC FreightPermalink

Thursday, February 27, 2014

In a year that was replete with labor-related and financing issues, less-than-truckload (LTL) transportation services provider YRC Worldwide reported relatively solid earnings for the fourth quarter and 2013 year-end.
Posted on 02/27 at 12:00 PM
NewsYRC WorldwideLTLYRCYRC FreightPermalink

Monday, February 17, 2014

YRC Worldwide, in a major refinancing aimed at lowering its annual interest payments and increasing liquidity for badly needed recapitalization, has refinanced approximately $1.1 billion in debt under much more favorable terms for the 90-year-old trucking company.
Posted on 02/17 at 03:58 AM
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Monday, January 27, 2014

YRC Worldwide was given a badly needed financial lifetime when continuation of a five-year wage and pension concession agreement was ratified by a 2-to-1 margin of its Teamsters-covered employees.
Posted on 01/27 at 01:48 AM

Wednesday, January 22, 2014

Following a tentative agreement announced late last week between less-than-truckload (LTL) transportation services provider YRC Worldwide and the International Brotherhood of Teamsters on an extension of the collective bargaining agreement of YRC’s 26,000 Teamsters employees to March 2019, details of the agreement emerged yesterday at a “two-person” meeting of local union officials.
Posted on 01/22 at 04:11 AM
NewsYRC WorldwideLTLYRCPermalink

Thursday, January 16, 2014

YRC said yesterday it is in discussions with the Teamsters to gauge “the next steps to move the company forward” on the heels of last week’s vote, which saw 61 percent of YRC’s 26,000 Teamsters members reject a five-year deal to continue 15 percent wage and benefit cuts.
Posted on 01/16 at 05:09 AM

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