YRC said in the filing it’s buying back the debt securities with cash on hand for face value plus any interest accrued since the notes were issued in 2004. The company issued nearly $248 million worth of the notes that year at 5 percent interest, according to the filing.

As of June 26, there was just $269,000 worth of the notes still outstanding. Shareholders can surrender their notes beginning July 11 through Aug. 7, according to the company.

In the past, YRC relied heavily on debt financing of its operations, which significantly contributed to the company’s struggles when the recession hit trucking in 2007. Eventually, a total restructuring of its debt, labor agreements, operations and leadership helped YRC improve its business.

Most recently, the company and the Teamsters agreed on an “optimization plan” that would close some YRC Freight facilities around the country to better streamline operations and cost structures.

YRC owns a large warehouse in Middlesex Township, Cumberland County, and is the parent of Lebanon-based New Penn Motor Express Inc.

In the first quarter, YRC provided at least some indication it was on the right track. Its losses were just $21 million compared with nearly $80 million a year ago. The company is scheduled to release its second-quarter earnings on July 29.

YRC’s stock price also rose steadily from $7.76 on May 2 to $25.70 at close on Tuesday, or a 231 percent increase in two months, according to Google Finance.

YRC Worldwide trades its stock on the Nasdaq under the ticker symbol YRCW.