YRC Worldwide (YRCW) Offers Prelim. Q3 Results

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YRC Worldwide Updates 2017 Financial Projections

October 18, 2017 4:02 PM EDT

OVERLAND PARK, Kan., Oct. 18, 2017 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ: YRCW) announced that it has updated the projected financial information for full-year 2017 that was provided as part of the process to extend the Companys Term Loan Credit Agreement. The Company is also providing preliminary financial results for third quarter 2017.

The primary factors contributing to the update include:

The occurrence of significant weather during the third quarter 2017;A shortage of revenue equipment;Higher than expected purchased transportation expense;Higher than anticipated... More