Senin, 14 Juni 2010

YRC cites good volume, but also liquidity pressure

U.S. trucker YRC Worldwide said on Monday that business volumes were increasing in June after better-than-expected gains in shipping volume in May, but the company was facing liquidity pressure amid the revived growth in its business.YRC, which narrowly averted a bankruptcy filing in December and has been undertaking a broad restructuring of operations and its finances, said it expects to achieve

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