Journal of Commerce: CEO Says YRC on the Road to Profit

May 19, 2009: The top executive of troubled trucking giant YRC Worldwide challenged investment analysts and predicted his company would be profitable again by the end of third quarter.

YRC Chairman, President and CEO William D. Zollars said the freight carrier’s operating loss in April was half that reported by some analysts. “It was $60 million-ish,” Zollars said May 19 at the Wolfe Research Global Transportation Conference in New York.

Click here to read the full article in the Journal of Commerce.

Get Advice Join TDU Donate

Recent News

Teamsters, Justice Department Ask Court to Sunset Federal Oversight

The IBT and the Department of Justice have filed a joint motion in court to ask for approval on a plan to sunset federal oversight of the Teamsters. What does this mean for the future of anti-corruption efforts and International elections in our union?

Amazon Ordered to Bargain with Teamsters in California

An administrative law judge has ordered Amazon to recognize and bargain with Teamsters at the DCK6 delivery warehouse in San Francisco after finding the company violated federal labor law by refusing to recognize the union.

View More News Posts