YRC improves profitability in third quarter

| Thursday, November 05, 2015

Some trucking analysts say YRC may have finally turned the corner after a seven-year streak of financial losses.

They base that on the company’s third-quarter report that its adjusted earnings were $99 million, which was far better than Wall Street estimates. It’s the second consecutive quarter of profitability for YRC.

Just a few years ago the less-than-truckload operation was on the brink of defaulting on its debt.

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