Monday, May 29, 2017
Business
YRC sees ‘momentum,’ but road ahead is still rough

YRC sees ‘momentum,’ but road ahead is still rough

NEW YORK — YRC Worldwide, one of the country’s largest trucking companies, on Friday posted an operating loss for the fourth-quarter because of the weak economy and internal financial struggles.

AP analysis: U.S. economic stress hit a peak in Dec.

AP analysis: U.S. economic stress hit a peak in Dec.

Weakness in Western energy-producing states helped raise the average U.S. county’s economic stress in December to its highest point since the recession began in December 2007, according to The Associated Press’ monthly analysis of conditions in more than 3,100 U.S. counties.

FTR analysis shows intermodal reaching new high in market share in Q4 2009

FTR analysis shows intermodal reaching new high in market share in Q4 2009

NASHVILLE, Ind. — Intermodal transport gained market share against trucks in the fourth quarter of 2009, reaching a new high in the process, a recent analysis by FTR Associates shows. Intermodal’s share of U.S. long-haul (550+ mile) movements of international and domestic containerized freight was estimated to be 13.3% in the fourth quarter, up 0.2% from the third quarter and slightly above the previous high-water mark achieved in Q4 2008. The analysis is contained in the February issue of FTR’s Intermodal Monthly Update.

Net orders for Class 8 trucks in January lowest since July 2002

Net orders for Class 8 trucks in January lowest since July 2002

NASHVILLE, Ind. — FTR Associates has released preliminary data showing January 2010 Class 8 truck total net orders for all major North American OEM’s were 6,221 units, the lowest level since July 2002.

Obama plan would expand some small-business loans

Obama plan would expand some small-business loans

WASHINGTON — In an effort to create more jobs, President Barack Obama will ask Congress to temporarily expand two lending programs for the owners of small businesses, an administration official said Friday.

YRC Worldwide reports $95.4M operating loss in 4Q

YRC Worldwide reports $95.4M operating loss in 4Q

NEW YORK — YRC Worldwide, one of the country’s largest trucking companies, said Friday the weak economy and internal financial struggles gave it an operating loss in the fourth-quarter

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