Saturday, December 17, 2011
YRC CEO: Glen Moore may not be last of property sales
A day after the Overland Park-based trucking company announced it was unloading subsidiary Glen Moore, CEO James Welch said in an interview that company officials still are looking for ways to shrink their portfolio.
“There are other things that don’t necessarily complement what we do that we’ll be looking at,” he said. “There’s still excess property that has been on the market for three and a half years that’s empty, that we’re not using, and we’ll look at different ways and different avenues to shed it. We’ll be looking at ways to consolidate administrative cost and things like that. There are still things on our drawing board to accomplish.” Full Story.....