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

UPS Operating Profits For First Quarter: $1.7 Billion

Today, UPS released its first quarter earnings report. The company made $1.7 billion in profit for the first quarter. Profitability beat expectations.

Albertsons Teamsters Ratify Strong Contract

Last year, Local 771 members elected new local leaders on a program of building union power by involving members. Now nearly 500 grocery Teamsters at Albertsons have won a new contract that includes record wage increases and benefit improvements.

View More News Posts