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YRC Bolstered by $700 Million CARES Act Loan

DCV-TV 4: Viewer Contributed

On July 1, the Treasury Department shared an announcement that they’d provide a $700 million federal loan package from coronavirus funds in exchange for a 29.6% stake in the company. YRC Worldwide, formerly known as Yellow Transportation, is the holding company for Holland, New Penn, Reddaway, and YRC Freight, as...

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