YRC hires turnaround consultant

August 27, 2009: YRC Worldwide Inc. has named a turnaround consultant to guide the trucking company’s bid to survive the recession.

The board of Overland Park-based YRC (Nasdaq: YRCW) named Richard Williamson, managing director of corporate turnaround firm Alvarez & Marsal, as chief strategy officer in a Thursday meeting. Williamson will coordinate and manage YRC’s work to maintain liquidity and fix its capital structure, YRC said in a filing with the Securities and Exchange Commission.

Click here to read more at the Kansas City Business Journal.

Get Advice Join TDU Donate

Recent News

If You Care About Who Wins the Teamster Election, Act Like It

The International Union election is make or break for our union. The outcome will be determined by Teamsters who have not mailed back their ballots yet. It’s up to each of us to talk to members and get out the vote.

Four Myths About the Teamster Election

If you want OZ-Teamsters United to win the election, don’t fall for these four myths.

View More News Posts