YRC Reports $23 Million Fourth Quarter Profit

February 4, 2011: YRC Worldwide broke into the black in the fourth quarter, reporting a $23 million net profit on $1.09 billion in revenue, and cut its full-year loss to $322 million.

For the full year, YRC Worldwide reported $4.3 billion in revenue, a 12 percent drop from $4.9 billion in revenue in 2009. It lost $622 million that year.

Click here to read more at The Journal of Commerce.

Get Advice Join TDU Donate

Recent News

Herman Benson: A One-Man Army Working to Revitalize the Labor Movement

My friend Herman Benson died yesterday, just shy of his 105th birthday. He was an inspiration, a leader, and sometimes a critic for so many of us working to put the membership front-and-center in the Teamsters and in the whole labor movement.

YRCW Gets $700 Million CARES Act Loan!

The US Treasury will loan YRCW $700 million under authorization from the CARES Act. $350 million will be used to make H&W and pension benefit payments, and the other $350 million will go to investment in tractors and trailers.

View More News Posts