3/17/2010-Shares of YRC Worldwide (NASDAQ:YRCW) are trading 1.4% lower to $0.44 Wednesday despite the company's earlier announcement that its March total shipments per work day are up 10% from the same period in February for both regional and national businesses after rough winter weather hurt the trucking company in parts of January and February.
YRC, the largest independent less-than-truckload carrier in the U.S., was on the verge of bankruptcy in late December before completing an essential debt-for-equity swap.
Customers have been steadily returning to the struggling trucking company, although its future depends on the trend continuing.
Last week, CEO Bill Zollars said the company's prospects were on the upswing in the wake of its extensive restructuring and downsizing.
Keywords: yrc worldwide shipments trucking
Ticker(s): YRCW
