to have improved. Tonnage per day increased 11.5% in January, as the firm probably won some business from competitor YRC Worldwide , given the uncertainty surrounding YRC's union negotiations. Management expects 10%-11% improvement for the first
(Reuters) - Trucking company YRC Worldwide Inc and the Teamsters union reached a tentative deal for a new labor contract that sets the stage for the struggling company to push ahead with a...
(Reuters) - Shares of YRC Worldwide Inc rebounded as much as 24 percent after the struggling trucker said it was in talks with union leaders to revise a vital labor contract.
By Bookvalue Hunter : My prior article on YRC Worldwide 's ( YRCW ) debt restructuring transactions focused on their large debt obligations and their extremely high interest rates
(Reuters) - Workers at trucking company YRC Worldwide Inc represented by the Teamsters union rejected a contract extension that the company proposed, putting a plan to restructure its debt in...
By Bookvalue Hunter : A significant amount of movement in the YRC Worldwide ( YRCW ) stock price recently was due to announcement of their "refunding" efforts, just a few days prior to Christmas. The press
(Reuters) - Shares of struggling trucker YRC Worldwide Inc fell as much as 24 percent on fears that the Teamsters union will reject the contract extension of about 26,000 workers, jeopardizing the...
(Reuters) - Struggling trucker YRC Worldwide Inc said it expected annual savings of up to $100 million if union members vote to extend the employment of about 26,000 workers until March 2019.
(Reuters) - Shares of YRC Worldwide Inc lost a quarter of their value, as the trucking company struggled with the implementation of operational changes designed to help reduce its large debt.
markets had just started recovering post the great recession, LTL industry was going through an interesting time. YRC Worldwide ( YRCW ), the biggest LTL carrier and a unionized one was on the brink of a bankruptcy. All other players were set to