In a 13G filing just released to the SEC, Wachovia Corporation disclosed a 4.93 stake (2.8 million shares) in YRC Worldwide Inc. There is no other recent record of a meaningful stake disclosed by the investment firm.
YRC Worldwide is one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, Meridian IQ, USF Holland, USF Reddaway, USF Bestway, USF Glen Moore and New Penn Motor Express.
Shares of YRC Worldwide are trading down 0.07% to $42.75 in afternoon action Monday.
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