The Daily Dash: YRC taps loan agreement; Landstar’s CFO steps down

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, YRC Worldwide didn’t just announce earnings on Monday, it announced a host of changes. Plus, Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.

YRC making changes

Less-than-truckload carrier YRC Worldwide (NASDAQ: YRCW) announced a bunch of changes in its third-quarter report — likely none bigger than its draw on the second tranche of a $700 million Treasury loan.

Todd Maiden has more on the changes: YRC rolls new name, fleet, CFO, board seats into Q3 report

Landstar CFO steps down

Landstar System Inc. (NASDAQ: LSTR) announced the resignation of its CFO on Monday, effective immediately. Kevin Stout rose through the ranks of the company, taking over as CFO in 2014.

Todd Maiden has more on the sudden departure: Landstar CFO steps down

FreightWaves LIVE @HOME kicks off Thursday

FreightWaves LIVE @HOME kicks off on Thursday with a focus on technology and the disruptions the supply chain has battled throughout 2020.

Brian Straight has a look at that and a lot more that will happen during the event: Disruption, technology and more to highlight FreightWaves LIVE @HOME

Going my own way

Pfizer has said it will bypass the U.S. government’s approach to distributing a COVID-19 vaccine and handle distribution itself, although there are some concerns.

Eric Kulisch explains what Pfizer is worried about: Pfizer to bypass US government system for COVID vaccine distribution

Stories we think you’ll like:

How regional fleets can thrive in a post-pandemic world

ArcBest seeing tonnage accelerate in October

Coupa buys Llamasoft to add supply chain beef to spend management portfolio

Cross-border operators brace for peak holiday season

Daimler and Volvo seal fuel cell tie-up

Sisic Transport Service owner pleads guilty to altering AOBRD data

Knight-Swift gets exemption for driver medical records

Did you miss this?

The Transportation Intermediaries Association says that carriers already have access to the information they are seeking from brokers, and any new transparency rule addresses a market that no longer exists.

John Kingston explains TIA’s thinking: TIA: Market conditions that created broker transparency rule no longer exist

Hammer down, everyone,

Brian Straight

Managing Editor

Click for more FreightWaves articles by Brian Straight.

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The FREIGHTWAVES TOP 500 For-Hire Carriers list includes Landstar System (No. 6) and ArcBest (No. 26).

Brian Straight

Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler. You can reach him at