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NEW YORK , Sept. 19, 2019 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, is investigating whether certain ...
HENDERSONVILLE, TN / ACCESSWIRE / September 16, 201 9 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, announces that that purchasers ...
OVERLAND PARK, Kan., Sept. 12, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) reported certain operating metrics for the first two months of third quarter 2019. At YRC Freight,.
YRC Worldwide, Inc. (NASDAQ: YRCW) announced that it completed a refinancing of its term loan debt, entering into a $600 million term loan agreement. The company believes this will provide an "operational runway" for its multi-year initiatives aimed at returning the less-than-truckload (LTL) carrier to sustained profitability. "The new term loan agreement provides the company with increased liquidity through the elimination of annual principal amortization and the ability to reinvest cash proceeds from certain property sales back into the business.
OVERLAND PARK, Kan., Sept. 11, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) announced today it has completed a refinancing of its term loan obligations and entered into a term.
OVERLAND PARK, Kan., Sept. 09, 2019 -- YRC Freight, a leading transportation provider for industrial, commercial and retail goods, specializing in solutions for businesses.
HOLLAND, Mich., Sept. 09, 2019 (GLOBE NEWSWIRE) -- (YRCW) – Holland, a subsidiary of YRC Worldwide Inc. and a leader in Central and Southeastern next-day delivery, is celebrating its 90-year anniversary this summer. The company is acknowledging how far it has come since 1929, when John and Katherine Cooper began hauling grain and hay for farmers during the Great Depression under the company name Holland Motor Express. Today, Holland has grown to be a nationally recognized carrier, operating 53 service centers across the U.S. with more than 6,800 trailers and 4,100 tractors.
Shareholder rights law firm Robbins Arroyo LLP reminds investors that purchasers of YRC Worldwide Inc. filed a class action complaint against the company's officers and directors for alleged violations of the Securities Exchange Act of 1934 between March 10, 2014 and December 14, 2018.
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of YRC Worldwide Inc. (“YRC”) (YRCW) breached their fiduciary duties to YRC and its shareholders. If you are a YRC shareholder, you may contact attorney Joe Pettigrew for additional information: 844-818-6982 or email@example.com. Scott+Scott is investigating whether members of YRC’s Board of Directors (the “Board”) made false and/or misleading statements, as well as failed to disclose material adverse facts, about YRC’s business, operations, prospects, and financial health.
TUALATIN, Ore., Aug. 22, 2019 (GLOBE NEWSWIRE) -- (YRCW) – Reddaway, an industry-leading less-than-truckload (LTL) service provider in the western United States and Canada, is proud to announce it has once again been chosen as a Military Friendly® Employer by VIQTORY. Founded in 2001, VIQTORY is a service-disabled, veteran-owned small business connecting the military community to civilian employment, educational and entrepreneurial opportunities through its G.I. Jobs® and Military Friendly® brands. VIQTORY has released its 2020 Military Friendly® Employers list, continuing its mission to provide veterans and their spouses with the finest choices for employment opportunities.
OVERLAND PARK, Kan., Aug. 19, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) announces that four of its YRC Freight professional drivers rose to the top five final runoff at the.
HOLLAND, Mich., Aug. 19, 2019 (GLOBE NEWSWIRE) -- (YRCW) -- Holland, the industry leader in Central and Southeastern next-day delivery, has extended its record as a winner in the Logistics Management magazine’s Quest for Quality awards for the 33rd year. Holland was honored with a 2019 Quest for Quality award in the South/South Central Regional LTL Carriers category. “Team Holland consistently works to deliver on its promise of reliability and quality handling,” says Scott Ware, president of Holland.
The Great Recession had ravaged volumes. Carrier executives seeking to gain or preserve market share, as well as a couple of carriers trying, unsuccessfully, to drive YRC out of business, abandoned their pricing discipline and viciously undercut each other. LTL carriers, for the most part, are in excellent financial health.
The state is erecting a spiral staircase that will regulate the interchange at Interstate 285, which is Atlanta's perimeter highway, and State Route 400, which connects Atlanta to its northern suburbs and whose heavy volumes make it an interstate in everything but name. What's different is that the current work is progressing amidst insane traffic congestion not present when the stack interchange connecting Interstates 85 and 285 was going up. Spaghetti Junction is consistently ranked by the non-profit American Transportation Research Institute (ATRI) as the country's worst truck bottleneck.
If YRC Worldwide, Inc.'s (NASDAQ: YRCW) second-quarter results could talk, they would tell investors and shippers to give them the benefit of the doubt. Like most of its less-than-truckload (LTL) carrier brethren, YRC felt the sting of declining revenues and volumes in the second quarter. Its long-haul unit, YRC Freight, reported an increase in OR to 98 percent from 96.8 percent.
Shares of YRC Worldwide Inc. tumbled 22.5% toward a 7 1/2-month low in afternoon trading on Thursday, after the trucking company reported a second-quarter loss that was much wider than expected, while revenue declined more than analysts projected. Before the open, YRC said it swung to a net loss of $21.6 million, or 71 cents a share, from a profit of $18.7 million, or 43 cents a share, in the year-earlier period. That missed the average analyst loss estimate of a penny a share, according to FactSet. Revenue fell 4.1% to $1.27 billion, just below the FactSet consensus of $1.29 billion. Although the company said it ratified the labor agreement during May, Chief Executive Darren Hawkins said the contract impacted the company in "several" ways. "First, we saw declining revenues due to temporary customer concern surrounding the labor negotiation," Hawkins said. "Second, while the labor contract was ratified midway through May, the economic package was retroactive to April 1, 2019. In the short-term, this created cost headwinds that we were not fully able to offset during the quarter with revenue growth or cost savings ." The stock has slumped 52.0% over the past three months, while the Dow Jones Transportation Average has slipped 3.8% and the Dow Jones Industrial Average has gained 2.0%.
YRC (YRCW) delivered earnings and revenue surprises of -395.83% and -1.84%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
OVERLAND PARK, Kan., Aug. 09, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) reported consolidated operating revenue for second quarter 2019 of $1.273 billion and consolidated.
YRC Worldwide (NASDAQ: YRCW ) will be releasing its next round of earnings this Friday, August 9. For all of the relevant information, here is your guide for the Q2 earnings announcement. Earnings and ...
OVERLAND PARK, Kan., Aug. 05, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) announced today that twenty-one of its professional drivers will compete at the 2019 National Truck.
YRC (YRCW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Reddaway (YRCW), an industry-leading less-than-truckload (LTL) service provider in the western United States and Canada, is proud to announce the Reddaway Truck Driving Apprenticeship. The apprenticeship is a one-year training program where interested individuals can earn a Class A license and driving experience while being paid a wage that includes benefits. After students successfully complete the apprenticeship, they have a job at Reddaway as a professional truck driver.