YRC Worldwide
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Company earnings
Oversight commission still waiting on Pentagon’s explanation of YRC loan
The CARES Act oversight commission is still waiting on a response from the Defense Department regarding its “national security” designation of YRC Worldwide, which allowed…
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News
Some new drivers will see $7,500 bonuses at YRC Freight, New Penn and Holland
Teamsters and YRC Worldwide agree to implement $7,500 hiring bonuses to new drivers. YRC will select the regions for the new bonus pay but the…
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News
Saia adds terminal capacity again; Memphis expansion complete
The less-than-truckload industry continues to expand its footprint. Saia Inc. has added terminal capacity again, this time transitioning into a new 200-door terminal in Memphis,…
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News
Forward’s less-than-truckload service added to more terminals
Forward Air adds traditional LTL service to more of its facilities as carriers put more assets to work in the space.
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Business
YRC gets review at Moody’s, but no rating tweak was at stake
Ratings agency mum on whether it liked what it saw at troubled LTL carrier
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News
YRC Q3 update bucks improving industry trends
YRC Worldwide reported trends worse than its competitors for the first two months of the third quarter. Recent postings show the carrier is moving forward…
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News
Treasury’s first explanation of YRC loan not enough
The commission overseeing pandemic loans has asked the Treasury Department for virtually every document that was used to grant struggling less-than-truckload carrier YRC a $700…
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News
YRC announces next-day expansion as less-than-truckload market heats up
YRC Worldwide expands regional next-day service throughout the South. The announcement follows similar expansion plans from competitors.
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News
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.
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News
YRC Q2 loss better than expected
YRC Worldwide’s second-quarter loss came in ahead of expectations. The earnings call is likely to focus on the company’s path forward.
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