4.9900 0.00 (0.00%)
After hours: 5:11PM EDT
|Bid||4.9900 x 1300|
|Ask||5.1800 x 4000|
|Day's Range||4.8700 - 5.2500|
|52 Week Range||2.4100 - 11.7600|
|Beta (3Y Monthly)||5.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.00|
The five-year collective bargaining agreement between the Teamsters union and three units of less-than-truckload (LTL) carrier YRC Worldwide, Inc. (NASDAQ: YRCW) took effect after western Pennsylvania workers ratified the last of the local supplements and riders, the company and the union said today. Under the Teamsters constitution, no national or master contract can be implemented until all supplements and riders attached to the national compact are ratified. On May 3, the master contract was ratified by a 3,600-vote margin, and 26 of the 27 supplements and riders were also approved.
With one last regional issue settled, YRC Worldwide Inc. said a new labor contract with the International Brotherhood of Teamsters has become effective.
YRC Worldwide Inc. (YRCW) (the “Company”) announced the successful conclusion of labor contract negotiations with the full ratification of a five-year labor agreement for three of its operating companies. Employees from the YRCW companies of YRC Freight, Holland, and New Penn—who are represented by the International Brotherhood of Teamsters and covered by a National Master Freight Agreement (NMFA) turned out in record numbers earlier this month to vote for the new master agreement. On May 3, 2019, the national economic vote was overwhelmingly approved along with 26 of 27 local supplements. On May 14, 2019, the final supplemental agreement was approved. The new labor agreement, which covers approximately 24,000 employees, goes into effect immediately, with economic improvements applying retroactively to April 1, 2019 and running through March 31, 2024.
YRC Worldwide (NASDAQ: YRCW) reported a $31.7 million consolidated operating loss on first quarter 2019 revenue of $1.182 billion. CEO Darren Hawkins placed the revenue decline on labor uncertainty and severe weather. Hawkins said that nearly half of the 63-day first quarter saw severe weather impact operations, primarily the company's YRC Freight and Holland divisions.
YRC Worldwide (NASDAQ: YRCW) posted a $31.7 million consolidated operating loss on first-quarter revenue of $1.182 billion, which declined slightly from first-quarter 2018 revenues of $1.215 billion. The consolidated operating ratio for first quarter of 2019 was 102.7 compared to 100.4 in first quarter 2018. The operating ratio at YRC Freight was 102.8 compared to 100.9 for the same period in 2018.
YRC (YRCW) delivered earnings and revenue surprises of -53.42% and -0.15%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Overland Park, Kansas-based company said it had a loss of $1.48 per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to $1.12 per share. The results missed Wall Street ...
OVERLAND PARK, Kan., May 08, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) reported consolidated operating revenue for first quarter 2019 of $1.182 billion and consolidated.
Unionized workers at three of less-than-truckload (LTL) carrier YRC Worldwide, Inc., (NASDAQ: YRCW) units voted to approve a five-year collective-bargaining agreement, it was disclosed late on Friday, May 3. Because no new Teamster contracts can be implemented until all supplements and local riders to a master agreement are ratified, the Teamster-YRC contract will be held up until the matter with Joint Council 40 is resolved. The contract was approved by 60 percent of eligible Teamsters, the union said on a conference call.
OVERLAND PARK, Kan., May 06, 2019 -- YRC Worldwide (NASDAQ: YRCW) (the “Company”) announced today that employees at three of our operating companies – YRC Freight, Holland, and.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The big shareholder groups in YRC Worldwide Inc. (NASDAQ:YRCW) have power over the company. Larg...
TUALATIN, Ore., May 02, 2019 -- (NASDAQ: YRCW) – Reddaway has been selected as the Worldwide Express 2018 West Coast Regional Carrier of the Year. This award, based on a survey.
HOLLAND, Mich., May 02, 2019 -- (NASDAQ: YRCW) – Holland has been selected as the Worldwide Express 2018 Midwest Regional Carrier of the Year. The award, was based on a survey.
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.
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.