Troubled trucking company YRC Worldwide is on the road to recovery, according to its Chairman Bill Zollars, who said operations improved in May and were expected to gain more ground in the coming months.After a brush with bankruptcy last year, business has stabilized and YRC has streamlined costs and set its multiple divisions on a growth path that should translate to positive EBITDA for the second quarter, Zollars told investors on Tuesday at the Wolfe Trahan & Co 3rd Annual Global Transportation Conference. Full Story.....
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