BMT Forum Bot Posted February 29, 2012 Share Posted February 29, 2012 YRC Worldwide Inc. reported a net loss of $86 million for the fourth quarter of 2011. This compares to net income of $15 million for the fourth quarter of 2010, which included an $87 million income tax benefit primarily due to a favorable IRS settlement.View the full article Quote Link to comment https://www.bigmacktrucks.com/topic/23538-trucking-news-yrc-worldwide-reports-86-million-net-loss-for-4q-2011/ Share on other sites More sharing options...
usmcjimbo Posted March 1, 2012 Share Posted March 1, 2012 What is keeping this company in business?. They have sold everything and every piece of property that they owned, their equipment is all junk and they have been bleeding red ink in large quantities for at least 5 years. I can't believe that any financial institution would give them any money to operate. Quote Link to comment https://www.bigmacktrucks.com/topic/23538-trucking-news-yrc-worldwide-reports-86-million-net-loss-for-4q-2011/#findComment-104787 Share on other sites More sharing options...
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