John D. Schulz Logistics Management 13, 2013 View the original piece YRC narrowed its quarterly loss to 39.6 million on $1.243 billion revenue, compared with a net loss of $104.2 million on $1.251 billion revenue in the 2012 second quarter. Consolidated operating income decreased slightly from $15.5 million to $14.3 million, or by $1.2 million.  Operating income in 2013 included a $1.3 million loss on asset disposals compared to $6.5 million gain on asset disposals...

August 8, 2013: Reports indicate that YRC executives have asked Hoffa and Freight Director Tyson Johnson for a two-year extension to the present five-year deal, with a wage and pension freeze extending until 2017.  And Hoffa's appointee to YRC's board, Harry Wilson, is trying to broker the deal. An August 7 press release, following YRC's second-quarter earnings announcement, referred to a potential refinancing of debt arranged by Credit Suisse and the Maeva Group. This announcement...

Lance Turner and Chris Bahn Arkansas Business 09, 2013 View the original piece Arkansas Best Corp. of Fort Smith on Friday reported a profitable second quarter but said it continued to sustain losses in the first six months of the year on rising costs at its largest subsidiary, ABF Freight System Inc. The publicly traded trucking firm (Nasdaq: ABFS) reported net income of $4.9 million, down 58 percent from the same quarter last year. Earnings...