Tuesday, June 15, 2010

YRC freight improves, cash burn continues

YRC Worldwide Inc. said that June freight volume is surpassing that of last month and that the company still should report an adjusted profit in the second quarter.

But the Overland Park, Kan.-based trucking and logistics company also said Monday that its day-to-day operations were continuing to burn through cash and that it was taking steps to boost liquidity. Full Story.....

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