YRC Worldwide restructuring officer Lamar gets $80,000 a month

The leader of YRC Worldwide Inc.’s efforts to rebuild its finances is receiving $80,000 a month and will get a $500,000 payday if he brings the company in for a successful landing, as defined by the company’s board.Chief Restructuring Officer John Lamar, whom the board assigned to the position in November and who has been lead director since May, also will continue to receive his regular

Harry Wilson Tapped By Teamsters To Rescue Ailing Trucking Company And Union Jobs

Harry Wilson, last year’s Republican candidate for state comptroller, made a name for himself by helping rescue General Motors from bankruptcy. Now, months after an election he narrowly lost, he has turned his attention from the vehicles to the drivers. The International Brotherhood of Teamsters recently invited Wilson to help restructure the ailing trucking and freight company, YRC Worldwide, in

YRCW Industry News: Our Take

RETAILERS EXCITED ABOUT SALES ACTIVITYIt may seem like years since there was something to get excited about, but retail sales could be one of the bright spots for 2010.Our take:Even if it seems a little incredible to believe, analysts believe that this could be the strongest retail season on record. Customer Growth Partners stated that this year could surpass a record established in 2007 of more