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“Milestone” reached by YRCW, restructuring scheduled to close in July
May 2, 2011
YRC Worldwide, the financially ailing second-largest less-than-truckload (LTL) company which has lost in excess of $2.7 billion the last four years, says it has reached another “milestone” in its long-awaited restructuring plan now scheduled for completion in July.
YRCW cites progress on the restructuring front
April 25, 2011
YRC Worldwide recently announced it is making “significant progress” in steps it is taking to meet the agreements required in its effort to achieve its financial restructuring objectives by the end of July.
YRCW closes deal with Austin Ventures for logistics business
August 16, 2010
Less-than-truckload transportation services provider YRC Worldwide (YRCW) said it has completed the official closing of its sale of a portion of its YRC Logistics business to strategic private equity investor Austin Ventures.
YRCW posts second quarter loss but shows improvement
August 3, 2010
Citing improving business conditions, second quarter earnings for less-than-truckload transportation services provider YRC Worldwide (YRCW) showed some sequential and annual gains, although the company posted quarterly net and revenue losses.