YRC loan called into question by Congressional Oversight Commission. YRC’s board may have had the same concerns with the company’s equity in 2019.
In today’s edition of The Daily Dash, other states may follow California’s lead in mandating electric-truck sales, danger is a good reason to ignore HOS rules, and funds flow into electrification
In today’s edition of The Daily Dash, YRC Worldwide is set to spend $700 million, Navistar and Samsara announce a tie-up and a PPP loan wasn’t enough to save an Alabama carrier.
At Wolfe conference, Home Depot said it is still counting on the carrier
Stifel’s David Ross announces that he is suspending his rating and estimates on YRC Worldwide and questions the company’s ability to survive.
YRC posts weak fourth-quarter, hampered by bad economy
Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United States. The company was started […]
New Penn Motor Express files change of operations proposal with union to obtain additional workers at three new regional velocity centers.
The company is following through on a pledge to acquire 1,000 branded intermodal containers by the end of 2020.
YRC Worldwide announces new debt financing agreement. The latest step in it’s latest restructuring.
YRC Worldwide (NASDAQ: YRCW) reported a $31.7 million consolidated operating loss on first quarter 2019 revenue of $1.182 billion. The loss widened from a year ago and revenue fell slightly, […]
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. In first quarter […]
Debt levels are down and EBITDA coverage for that debt is up as the LTL carrier has a strong year and quarter.
YRC Worldwide CEO James Welch announced he will retire in July 2018. Current YRC Freight President Darren Hawkins is expected to be named to succeed Welch by the Board of Directors at its July 2018 meeting, the company said in a release.
The price of diesel fuel jumped last week, rising 6.3 cents per gallon to $2.882. The increase follows a rise in oil prices and a 20-cent jump in fuel taxes in California, that went into effect on Nov. 1.
Driver costs are the highest cost for fleets, surpassing fuel for the second year in a row, according to data from the American Transportation Research Institute.
