Tuesday, May 04, 2010

YRC Worldwide Q1 2010 Earnings Call Transcript

YRC Worldwide Q1 2010 Earnings Call Transcript

YRC Worldwide Q1 Loss Widens; Shares Down 12%

Transportation services company YRC Worldwide Inc. said Tuesday that net loss slightly widened for the first quarter attributed mainly to a 29% fall in National, Regional and Logistics segment revenues.

Total tonnage and shipments declined across all segments during the quarter. Further, the company gave its operational guidance for the full year. Following the results, the company's shares were trading nearly 12% lower on the Nasdaq. Full Story.......