Todd Maiden
Monday, August 3, 2020
YRC ready to use ‘once-in-a-lifetime’ loan to replenish fleet
YRC management believes it will take four to six quarters to complete $400 million worth of equipment replacement.
YRC management believes it will take four to six quarters to complete $400 million worth of equipment replacement.
YRC Worldwide’s second-quarter loss came in ahead of expectations. The earnings call is likely to focus on the company’s path forward.
YRC loan called into question by Congressional Oversight Commission. YRC’s board may have had the same concerns with the company’s equity in 2019.