Transportation Covid-19 bailout funds give U.S. Treasury stake in YRC July 2, 2020 OVERLAND PARK, Kan. — The less-than-truckload (LTL) YRC fleet will receive a US $700 million loan through Covid-19 relief funds, giving the U.S. Treasury a 29.6% stake in the company.
Struggling Truck Giant Seeks $1.15-Billion Loan August 1, 2014 OVERLAND PARKS, KS - One of the world's largest LTL carriers, the financially-troubled YRC Worldwide, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News.
YRC’s Canadian fleet has a long future: Pres August 1, 2014 WINNIPEG -- The writing was on the wall for YRC Worldwide more than once, or so it seemed, and so its competitors hoped.
YRC posts 4Q profits, but not out of danger August 1, 2014 NEW YORK -- After consecutive losses, struggling LTL carrier YRC Worldwide, announced that it returned to a profit in the fourth quarter of 2009.
YRC Successful in Debt Refinancing August 1, 2014 OVERLAND PARK, KS - One of the world's largest LTL carriers, YRC Worldwide was successful on financing a new $700 million term loan and a $450 million asset-based loan.
YRC Freight New President Shakes up Management August 1, 2014 OVERLAND PARK, KS - Darren Hawkins has only been the president of trucking giant YRC Freight for a few days, but already he's reorganizing the firm's management.
YRC Freight Names New President August 1, 2014 OVERLAND PARK, KS - YRC Worldwide announced that Darren Hawkins has been appointed as YRC Freight president. He will directly report to the company's CEO, James Welch.
Transportation YRC facility purchase could scuttle public trade bridge? August 1, 2014 DETROIT -- Michigan's Central Transport purchased a terminal in southwest Detroit from Yellow Freight, which earned YRC Worldwide an undisclosed sum.
