Selasa, 31 Agustus 2010

Jason Leffler Quick Facts - Atlanta Motor Speedway

Jason Leffler Hoping for More Good Fortune in the No. 10… For the seventh time this season, Leffler is jumping into the driver’s seat of Braun Racing’s No. 10 Camry. In his previous six starts with the No. 10 team, Leffler has five top-10 and three top-five finishes, including a second-place finish in his last appearance in the car at Bristol Motor Speedway.ABF Freight on the Hood … Long-time

Rabu, 25 Agustus 2010

YRC Worldwide May Request More Time To Enact Reverse Split

YRC Worldwide Inc. is holding out the possibility that it may seek an extension to an Aug. 30 deadline to enact a reverse stock split and boost its share price above $1 or face Nasdaq delisting.Executives of the struggling trucking company, which last traded above $1 a share on Jan. 15, said through a spokeswoman Wednesday that they remain intent on avoiding delisting by enacting a reverse

Senin, 16 Agustus 2010

YRC Worldwide Establishes Strategic Relationship with Austin Ventures through the Sale of YRC Logistics

-- Completes Initial Closing with Proceeds of $33.6 Million-- YRCW Customers Will Continue to Receive Complementary Logistic Services through Austin VenturesYRC Worldwide Inc. today announced that it completed the initial closing on the previously announced sale of a portion of YRC Logistics. The gross proceeds for the transaction were approximately $38.7 million of which YRC Worldwide received

Jumat, 13 Agustus 2010

YRC Worldwide Drivers Capture Top Awards at the 2010 National Truck Driving Championships

YRC Worldwide is proud to announce that five of its professional drivers captured top awards at this year's National Truck Driving Championships, Aug. 3–7 in Columbus, Ohio. YRC Worldwide sent a team of outstanding professional drivers from subsidiaries Holland, New Penn, Reddaway and YRC to the annual competition."We are extremely proud of all of our professional drivers, who competed this past

Selasa, 03 Agustus 2010

YRC Worldwide stays mum about two looming issues

YRC Worldwide Inc. still isn’t ready to announce decisions about two of the biggest issues facing the trucking company — a new pension agreement with its union employees and a reverse stock split.During a conference call to discuss second-quarter results Tuesday, YRC executives said that both issues were being discussed but that the company wasn’t ready to provide an update. Full Story.....

TTS LLC, selects Holland as 2009 LTL Carrier of the Year

TTS LLC, one of the fastest-growing third-party transportation and logistics providers in the industry, has named Holland, a subsidiary of YRC Worldwide Inc., 2009 LTL Carrier of the Year.In a recent ceremony, TTS presented its annual Carrier of the Year Awards to recipients in four distinct transportation categories including Rail, OTR, Drayman, and LTL.To determine rankings, TTS rated its

Teamsters Say FedEx Filibuster of FAA Reauthorization Bill Must End

Final Bill Must Include Important Provision to Stop Special Deal for FedExFedEx must stop blocking passage of the Federal Aviation Administration Reauthorization Bill so that key airline safety provisions and an important measure that would close the loophole that gives FedEx Express a special status are enacted, Teamsters General President Jim Hoffa said today."The Teamsters firmly believe that

Trucking index shows possible economic recovery slowdown

May and June reports from the American Trucking Associations’ provide some unfortunate evidence that a national economic recovery is slowing.The for-hire truck tonnage index in June dipped 1.4%, and the May index decline was revised up from 0.6% to just 0.1%. However, the ATA said May and June marked the first back-to-back contractions since March and April 2009. The latest reduction lowered the

U.S. trucker YRC posts smaller loss but shares fall

Troubled U.S. trucker YRC Worldwide Inc reported a narrower second-quarter loss on Tuesday and said "significant operating momentum" would drive improvements through the rest of the year.Shares dropped nearly 15 percent, however, as the carrier, which narrowly averted bankruptcy last December, said it still faced many challenges.Last December, YRC, the largest U.S. trucking company handling