Members Only Mode
  • You need to register to view content, it's 100% free
  • Please register below to remove this limitation
  • Truckingboards is a MEMBERS ONLY Private Forum that first got it's start in 1999, Membership is 100% Free, We have Over 40k Members and approaching 2 million posts that date back to the early 2000's.Registration is easy and fast. We specialize in LTL trucking. Get off those Facebook Groups and come to a place where your identity will be unknown unless you tell someone. Truckingboards has a mobile app that works for Android you can install from your mobile browser. Sorry Apple Users, I know nothing about them.

    Click Here

    For instructions on how to install the mobile app.

YRC Worldwide Reports Third Quarter Results

R-14Driver

Well-Known Member
OVERLAND PARK, Kan. Nov. 5, 2010 /PRNewswire-FirstCall/ --

* YRC National Tonnage up 1.2% and YRC Regional up 2.1% from Second Quarter 2010
* Achieved Significant Progress on Comprehensive Recovery Plan


YRC Worldwide Inc. (Nasdaq:YRCW - News) today reported its third quarter 2010 results. For the third quarter ending September 30, 2010, the company announced a net loss of $62 million and a $1.33 loss per share on average outstanding diluted shares of 46.5 million. As a comparison, the company reported a net loss of $159 million and a $66.66 loss per share in the third quarter of 2009 with average outstanding diluted shares of 2.4 million. The numbers of shares and the per share amounts for all periods presented within this release reflect the 1:25 reverse stock split which was effective on October 1, 2010.

"We are pleased with the continued support of our customers and our employees who remain focused on delivering results," stated Bill Zollars, Chairman, President and CEO of YRC Worldwide. "We have achieved significant progress on our comprehensive recovery plan with the ratification of our new labor contract and the renewal of our ABS facility.....................

YRC Worldwide Reports Third Quarter Results - Yahoo! Finance
 

R-14Driver

Well-Known Member
From above article :

Key Segment Information

Third quarter 2010 compared to the third quarter of 2009:

* YRC National Transportation: tons per day down 13.0% and shipments per day down 12.2%; revenue per hundredweight up 2.8% and revenue per shipment up 1.9%.
* YRC Regional Transportation: tons per day up 8.9% and shipments per day up 2.5%; revenue per hundredweight down 2.5% and revenue per shipment up 3.7%.


Third quarter 2010 compared to the second quarter of 2010:

* YRC National Transportation: tons per day up 1.2% and shipments per day up 1.6%; revenue per hundredweight up 0.3% and revenue per shipment down 0.1%.
* YRC Regional Transportation: tons per day up 2.1% and shipments per day up 1.8%; revenue per hundredweight up 0.1% and revenue per shipment up 0.5%.
 
Top