|Bid||8.04 x 800|
|Ask||8.05 x 3100|
|Day's Range||7.82 - 8.14|
|52 Week Range||2.41 - 11.76|
|Beta (3Y Monthly)||5.31|
|PE Ratio (TTM)||13.40|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.00|
Learn more about the new YRC Worldwide labor agreement and what it means for the company and its workers.
The 26,000 unionized employees at three of less-than-truckload (LTL) carrier YRC Worldwide, Inc.'s (NASDAQ: YRCW) units will spend the next 17 days mulling over a tentative contract that will dictate their livelihood for the next five years, and could determine if the units live or die. The top management at YRC's Overland Park, Kansas headquarters have arrived at their own fork in the road. According to executives familiar with YRC's operations, CEO Darren Hawkins and the company's leadership are all too aware of the profit drag of the high-volume accounts.
Less-than-truckload (LTL) carrier YRC Worldwide's (NASDAQ: YRCW) long-haul unit and its two key regional units could go out of business by the end of May should unionized workers vote down a tentative five-year collective-bargaining agreement early next month, the head of the Teamsters union's freight division has warned. Ernie Soehl told the rank-and-file on a nationwide conference call on the evening of April 10 that customers will pull their freight from the three units should members vote down the contract on May 3, the date when the results are to be announced. If customers react in such a manner, long-haul carrier YRC Freight and regional carriers Holland and New Penn Motor Express will likely not last until May 31, the date a two-month extension to the existing agreement is set to expire, Soehl said.
In its IPO registration documents, ride-sharing pioneer Uber Technologies, Inc. said that profits could be elusive. The Journal of Commerce, commenting on digital ocean forwarder Flexport's recent $1 billion equity infusion from Japanese colossus SoftBank, said today's private capital wants to see through-the roof growth before it even concerns itself with profitability, if profits are a concern at all.
A union officials says that if workers don't accept a proposed new agreement with Overland Park-based YRC Worldwide, it could provoke customers to pull their business from three subsidiaries, causing them to shut down.
OVERLAND PARK, Kan., April 15, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW), announced today that on Wednesday, May 8, 2019, at 9:30 a.m. ET, company executives will host a.
The terms would boost hourly pay and restore vacation, but they won't address Overland Park-based YRC's pension contributions.
Unionized employees at three of less-than-truckload carrier YRC Worldwide, Inc.'s (NASDAQ: YRCW) operating units will get a $4 per hour pay raise over the next five years – including an immediate $1 per hour increase – annualized hikes in contributions toward their health and welfare benefits, and the return of one week's paid vacation relinquished in 2010, under the terms of a tentative collective-bargaining agreement between the company and the Teamsters union disclosed late today. The agreement covers some 20,000 workers employed at YRC's YRC Freight long-haul unit and at regional carriers Holland and New Penn Motor Express. YRC's third U.S. unit, Reddaway, is covered by a separate agreement.
TUALATIN, Ore., April 05, 2019 -- (NASDAQ: YRCW) – Reddaway has been presented with the DHL 2018 LTL Carrier of the Year award. DHL Supply Chain hosted its annual Carrier.
Two-person teams of the Teamsters union will meet with top union officials April 10 in Chicago to discuss the tentative contract reached last month between the Teamsters and three units of less-than-truckload (LTL) carrier YRC Worldwide, Inc (NASDAQ: YRCW). The meeting will convene at noon local time and run until about 5:00 p.m., General President James P. Hoffa and Freight Director Ernie Soehl wrote in a memo yesterday. Under Teamsters bylaws, after the meeting the two-person teams will brief local leaders and the rank-and-file who will make the ultimate decision to ratify or reject the contract.
U.S. third-party logistics provider MIQ Logistics has been acquired by Noatum Logistics, the transportation, logistics and customs brokerage unit of Spanish-based Noatum Maritime, from private equity firm ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The latest earnings release YRC Worldwide Inc.'s (NASDAQ:YRCW) announced in December 2018 indicated t...
The head of transport and logistics provider ArcBest Corp. (NASDAQ: ARCB), Judy R. McReynolds, said today that the company is pushing for half its annual revenue to be generated outside its traditional less-than-truckload (LTL) services, up from 31 percent today. McReynolds, speaking at the Transportation & Logistics Council's annual conference in Memphis, did not specify a time frame for hitting that objective. In 2012, about 7 percent of the company's revenue came from outside its LTL subsidiary, known as ABF Freight.
U.S. Trustee Daniel McDermott has asked the U.S. Bankruptcy Court for the Middle District of Florida to appoint a Chapter 11 trustee to oversee the operations of IPS Worldwide. The request is sought due to concern regarding mismanagement of the firm's handling of freight invoices as the company restructures under a Chapter 11 bankruptcy filing. "The company's leadership does not have sufficient knowledge to lead the day to day operations effectively and should not continue receiving compensation," stated Maria M. Yip, the examiner appointed to review the company's finances in her preliminary report presented to the court earlier this month according to the Daytona Beach News Journal.
If ever there was a communique that spoke volumes while saying very little, it was the Teamsters' union announcement late in the evening of March 21 that its lead freight negotiators had reached a tentative contract agreement with three of less-than-truckload (LTL) carrier's YRC Worldwide, Inc.'s (NASDAQ: YRCW) units – YRC Freight and regional carriers New Penn and Holland. The tentative agreement goes through a two-step process before the 26,000-member rank-and-file get their hands on it. Then the rank-and-file will be briefed, and then there will be a ratification vote.
The Teamsters union said tonight that its negotiators have reached a tentative collective bargaining agreement with less-than-truckload (LTL) carrier YRC Worldwide, Inc. (NASDAQ: YRCW) covering some 20,000 unionized workers at the Overland Park, Kan.-based company's YRC Freight national unit and at regional carriers New Penn and Holland. The existing agreement will be extended through May 31 to allow the parties to finalize specific language and a few supplemental issues, as well as to allow the union's ratification process to take place, the Teamsters said tonight. Details of the agreement will not be released until they have been reviewed at two-person meetings with the union locals, the Teamsters said.
Inc., one of the biggest trucking companies in the U.S., and the Teamsters union are coming down to the wire in contract talks in one of the last areas of unionized operations in truck transportation. The International Brotherhood of Teamsters represents more than 24,000 YRC employees, or about 78% of the drivers, freight handlers and other workers at the company, whose subsidiaries mostly provide less-than-truckload service combining multiple shipments onto single trucks for retail and manufacturing customers. The agreement between the Teamsters and three YRC companies expires March 31, after a string of recent deals struck between the union and other carriers.
Shareholder rights law firm Robbins Arroyo LLP announces 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.
OVERLAND PARK, Kan., March 13, 2019 -- YRC Freight has been selected to receive the 2018 National LTL Carrier of the Year award from Walmart for helping Walmart attain its.
An Overland Park-based business received top recognition from Walmart, landing on a list of only six companies.
HOLLAND, Mich., March 05, 2019 -- Holland, the leader in Central and Southeastern United States next-day delivery, has been recognized by Echo Global Logistics with its 2018.
NEW YORK, NY / ACCESSWIRE / March 4, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against YRC Worldwide Inc. ("YRC" or the "Company") (YRCW) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired YRC between March 10, 2014, and December 14, 2018, both dates inclusive (the ''Class Period''). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
NEW YORK, March 04, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against YRC Worldwide Inc. (“YRC Worldwide” or “the Company”) (NASDAQ: YRCW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between March 10, 2014 and December 14, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before March 4, 2019.