Leading trucker YRC Worldwide, which narrowly averted bankruptcy in December, expects to have a "global solution" to looming 2011 financial obligations within the next few months, the company's top executive said on Monday.The plan comes as improved business volumes are seen helping the still-struggling company post gains through the end of the year.
"We are not out of the woods yet. We've still got a lot of things to do, but ... we expect to be back on our feet by the end of the year," YRC Chairman and CEO William Zollars said at the Reuters Manufacturing and Transportation Summit in Chicago. Full Story....
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