YRC Worldwide

By Jeff Berman · November 1, 2010
Less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. (YRCW) took a significant step forward in its recovery plan, announcing that more than 60 percent of its roughly 40,000 Teamsters members voted to ratify a modified labor agreement.
By Jeff Berman · October 18, 2010
YRCW expects third quarter positive adjusted EBITDA with a range of $42 million to $46 million, and for the second and third quarters YRCW expects cumulative adjusted EBITDA within a range of $82 million-to-$86 million, topping the $50 million covenant level required as part of its credit agreement.
By Jeff Berman · September 10, 2010
The International Brotherhood of Teamsters intends to ask the roughly 23,000 Teamster members of less-than-truckload transportation services provider YRC Worldwide (YRCW) to approve additional wage concessions, according to a report from the website of Teamsters for a Democratic Union.
By Jeff Berman · August 16, 2010
Less-than-truckload transportation services provider YRC Worldwide (YRCW) said it has completed the official closing of its sale of a portion of its YRC Logistics business to strategic private equity investor Austin Ventures.
By Jeff Berman · August 3, 2010
Citing improving business conditions, second quarter earnings for less-than-truckload transportation services provider YRC Worldwide (YRCW) showed some sequential and annual gains, although the company posted quarterly net and revenue losses.

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