YRC to Sell Logistics Business to Equity Firm for $37 Million
YRC Worldwide said Friday it has entered into an agreement to sell a portion of its YRC Logistics business to a private equity firm for $37 million.
June 25, 2010YRC Confirms Positive Trend for Second Quarter
YRC Worldwide said Monday that it would achieve positive earnings before interest, taxes, depreciation and amortization in the second quarter and that its volumes were improving in June.
June 14, 2010YRC, Teamsters Forming Competitiveness Committees
YRC Worldwide said Monday that joint committees representing the company and the Teamsters union are being formed to address YRC’s “competitiveness and reentry into union pension plans.”
May 24, 2010YRC Reports 1Q Loss But Cites Improvement
YRC Worldwide Inc. reported a first-quarter loss of $274.1 million, nearly the same as a year earlier, but the less-than-truckload carrier cited steady progress in reducing operational losses in the most recent period.
May 10, 2010YRC Reports First-Quarter Loss
YRC Worldwide Tuesday reported a first-quarter loss of $274.2 million, or 53 cents a share, compared with a loss of $273.8 million, or $4.61 per share, a year ago.
May 4, 2010YRC Reportedly Cuts More Jobs
YRC Worldwide has cut about 200 more jobs in a further effort to reduce costs, Reuters reported.
March 2, 2010YRC Sets Shareholders’ Vote for Reverse Stock Split
YRC Worldwide Inc. set Feb. 17 as the date for a special shareholder meeting to vote on a reverse stock split that follows the debt-for-equity exchange offer that was completed earlier this month.
January 25, 2010