YRC Worldwide (YRCW) Reports Q1 Loss of $1.48/Share

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YRC Worldwide Reports First Quarter 2019 Results

May 8, 2019 8:30 AM EDT

OVERLAND PARK, Kan., May 08, 2019 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ: YRCW) reported consolidated operating revenue for first quarter 2019 of $1.182 billion and consolidated operating loss of $31.7 million, which included a $1.6 million net loss on property disposals. As a comparison, for the first quarter 2018, the Companys results included operating revenue of $1.215 billion and consolidated operating loss of $4.3 million, which included a $3.2 million net loss on property disposals.

Our primary focus during first quarter was securing a new labor agreement that was scheduled to expire on March 31, 2019. I am pleased to... More