By RANDOLPH HEASTER
The Kansas City Star
Plans to merge YRC Worldwide’s Yellow Transportation and Roadway operations and raise money through the sale and leaseback of its terminals has not changed, YRC chairman and chief executive Bill Zollars said. The hard road to recovery for YRC Worldwide Inc. took another troubling turn as the company put up about $1.5 billion in assets as collateral following a debt-rating downgrade.
http://www.kansascity.com/business/story/901736.html
The Kansas City Star
Plans to merge YRC Worldwide’s Yellow Transportation and Roadway operations and raise money through the sale and leaseback of its terminals has not changed, YRC chairman and chief executive Bill Zollars said. The hard road to recovery for YRC Worldwide Inc. took another troubling turn as the company put up about $1.5 billion in assets as collateral following a debt-rating downgrade.
http://www.kansascity.com/business/story/901736.html