YRC Worldwide sees 'good momentum,' as some major customers stick with it
YRC Worldwide, one of the country's largest trucking companies, on Friday posted an operating loss for the fourth-quarter because of the weak economy and internal financial struggles.
But the company said it sees "good momentum" in its business so far this year and is getting support from some big customers who have stuck with it. They include Toys R Us, Dole, Neiman Marcus and Anheuser-Busch. CEO Bill Zollars said other customers were scared off by concerns about the company's finances.
Some analysts thought the trucker was within days of filing for bankruptcy protection late last year. Full Story......