YRC Worldwide, Inc. (YRCW) News
Filter YRCW News Items
YRCW News Results
| Date | Symbol | Company | Title | Start | End | Change | POWR Rating | ||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
YRCW News Highlights
- YRCW's 30 day story count now stands at 7.
- Over the past 25 days, the trend for YRCW's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about YRCW are CWT, LOAN and PAR.
Latest YRCW News From Around the Web
Below are the latest news stories about YRC Worldwide Inc that investors may wish to consider to help them evaluate YRCW as an investment opportunity.
YRC Worldwide Inc. (YRCW) CEO Darren Hawkins on Q4 2020 Results - Earnings Call TranscriptYRC Worldwide Inc. (YRCW) Q4 2020 Earnings Conference Call Feb 04, 2021, 05:00 PM ET Company Participants Tony Carreño - VP, IR Darren Hawkins - CEO Dan Olivier - Interim CFO TJ O'Connor - COO Conference Call Participants Jack Atkins - Stephens Inc. Rob - Wolfe Research Scott Group -... |
Why Shares of YRC Worldwide Are Down TodayShares of YRC Worldwide (NASDAQ: YRCW) fell more than 15% on Friday after the trucking company reported disappointing quarterly results. It's been a good environment for transportation companies, but YRC continues to sputter. After markets closed Thursday, YRC reported a fourth-quarter loss of 37 cents per share on revenue of $1.165 billion, missing analyst estimates for earnings by 13 cents per share on revenue that was slightly higher than expected. |
YRC Worldwide (YRCW) Reports Q4 Loss, Tops Revenue EstimatesYRC (YRCW) delivered earnings and revenue surprises of -164.29% and 0.42%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock? |
YRC Worldwide Inc. is Renamed Yellow CorporationYellow Corporation Reports Fourth Quarter and Full Year 2020 ResultsOVERLAND PARK, Kan., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YRCW) announced today that it has changed its name from YRC Worldwide Inc. to Yellow Corporation and it will begin trading under the NASDAQ ticker symbol YELL effective February 8, 2021. The Company’s LTL brands Holland, New Penn, Reddaway and YRC Freight, as well as HNRY Logistics continue to operate under their existing names. “As we continue our transformation into a super-regional, LTL freight carrier, it is the right time to reintroduce the Yellow Corporation name and modernize the holding company brand,” said Darren Hawkins, Chief Executive Officer. Once we announced our plans to rebrand, our customers and employees shared their exc... |
YRC Freight Expands Regional Next-Day Service in the Mid-Atlantic RegionLeveraging National Coverage and Regional Next-Day Track-Record, Carrier Advances Super-Regional NetworkOVERLAND PARK, Kan., Feb. 01, 2021 (GLOBE NEWSWIRE) -- YRC Worldwide, Inc. (NASDAQ: YRCW) announces the expansion of YRC Freight’s Regional Next-Day Service with the addition of more lanes in the Mid-Atlantic region of the United States. This extension of YRC Freight’s Regional Next-Day service is another evolution in the Company’s enterprise transformation toward one company, one network and one operating platform. Now, 13 terminals: Hagerstown and Baltimore, M.D.; Richmond, Manassas, Norfolk, Roanoke and Staunton, V.A.; Washington, D.C.; Wilmington, D.E.; and Raleigh, Wilson, Winston-Salem and Fayetteville, N.C. will offer Regional Next-Day service, with Richmond as a hub for the re... |
Will YRC Worldwide (YRCW) Report Negative Earnings Next Week? What You Should KnowYRC (YRCW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
December LTL Volumes 'Remain Healthy'Less-than-truckload volumes appeared to remain elevated during December, according to Amit Mehrotra, managing director and head of transportation and shipping research at Deutsche Bank (NYSE: DB ). The December data indicates the sequential monthly trends were in line with "typical seasonality," however off of a higher base. The firm's Sunday report to clients showed activity at Old Dominion Freight Line (NASDAQ: ODFL ) terminals was down 10.1% from November to December, in line with the carrier's historical 9.8% sequential decline in shipments. "Our geofencing dataset shows typical seasonality in December, but this is off very solid levels in recent months. And we also believe pricing dynamics remain very strong," Mehrotra said in the note. Mehrotra is estimating a 9% sequential declin... |
'National Security' Designation For $700M YRC Loan 'Amiss'The latest report from the congressional oversight commission monitoring COVID-relief loans, including the $700 million loan made to less-than-truckload carrier YRC Worldwide (NASDAQ: YRCW), finds shortcomings in the decision-making process on behalf of the Defense and Treasury departments. The main sticking points for the commission have been the designation of YRC as a company "critical to maintaining national security" and the Treasury Department's underwriting of a loan to provide liquidity relief to a company in "precarious financial condition" prior to the pandemic.A Dec. 10 hearing with commission members and Treasury Secretary Steven Mnuchin addressed many of the group's concerns with Treasury's underwriting of the YRC loan. Under Secretary of Defense for Acquisition and Sustai... |
YRC Freight Driver George Brown Achieves Five Million-Mile Safety MilestoneOVERLAND PARK, Kan., Dec. 22, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: YRCW) After nearly 43 years of driving for YRC Freight, George Brown has reached the elite milestone of logging over five million driving miles without a single preventable accident.Based in Memphis, Tenn., he drives an average of 160,000 miles each year. For the past six years, Brown has been driving from Memphis to Houston three times a week. Each one-way trip is approximately 580 miles long, and this is Brown’s favorite route he has driven.“We look to drivers like George as outstanding examples of how we can operate with excellence every day,” said CEO Darren Hawkins. “We congratulate George on this remarkable accomplishment and thank him for his continued commitment to keeping our highways safe.”Though highways have gro... |
UPDATE – YRC Freight Driver James Banner Achieves Five Million-Mile Safety MilestoneOVERLAND PARK, Kan., Dec. 17, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: YRCW) YRC Freight professional driver, James Banner, has achieved the prestigious milestone of logging over five million driving miles without a single preventable accident. Banner has been driving trucks for 50 years, with 42 of them spent driving for YRC Freight. Based in Chicago, he is now the longest-tenured employee at the Chicago Heights terminal. He drives an average of 3,084 miles every week on his current route from Chicago to Kansas City.“We are truly honored to have James on our team and congratulate him on this extraordinary accomplishment,” said CEO Darren Hawkins. “Like all our Million-Miler drivers, James sets the standard in how to work with a focus on safety day in and day out.”Though he has grown accustom... |