$12.86
-0.18 (-1.38%)
YRC WORLDWIDE INC COM STK USD1.00 (NASDAQ:YRCW)
CAPS Rating:
The holding company for a handful of brands, YRC Worldwide is among the world’s largest providers of transportation services.
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volital fuel supplies; much pressure from contractual issues, namely health,welfare and pension payments ( $540 per man per week!). Pension liabilities prevent divestiture of underperforming divisions. YRC is draining profits from Regional carriers to shore up stock picture. Bill Zollars appears to be a liability not a solution at this point.As business conditions continue to erode, they are a leading indicator of trouble ahead.