newsworthy YRC gets financing to pay off debt February 12, 2010 Mark B. Solomon No Comments Deal clears way for carrier to remain financially and operationally viable throughout 2010.Read More
newsworthy YRC loses nearly $900 million in 2009 February 6, 2010 Mark B. Solomon No Comments Despite full-year losses, LTL giant reports sequential improvement in latter half of the year.Read More
newsworthy YRC to shippers: Got freight? Get a coupon! January 12, 2010 Mark B. Solomon No Comments Trucker offers discount coupons to customers in bid to stimulate business in difficult market.Read More
newsworthy Old Dominion, ABF to hike tariff rates January 8, 2010 Mark B. Solomon No Comments LTL carriers join UPS Freight in raising rates for 2010.Read More
newsworthy YRC avoids bankruptcy December 31, 2009 Mark B. Solomon No Comments LTL company completes debt-for-equity exchange.Read More
newsworthy YRC agrees to fifth extension of tender offer December 30, 2009 Mark B. Solomon No Comments LTL sees progress in acceptance rate for debt-for-equity swap.Read More
newsworthy YRC extends tender offer December 29, 2009 Mark B. Solomon No Comments Amid growing concerns over customer defections, troubled LTL carrier pushes back debt-for-equity swap deadline. Read More
newsworthy YRC extends debt tender offer to Monday; exchange appears to make progress December 28, 2009 Mark B. Solomon No Comments New deadline for debt-for-equity swap is today.Read More
newsworthy YRC seen making progress in getting equity deal done December 23, 2009 Mark B. Solomon No Comments Trucker says it has received provisional approval for proposed debt-equity swap from lenders, but details, outlook remain murky.Read More
newsworthy LTL carriers still locked in rate battle December 22, 2009 Mark B. Solomon No Comments Despite problems with excess capacity, several large players have maintained aggressive pricing stance.Read More