Tag Archives: Bill Zollars

Creditors Keep US Truckers Moving Despite Capacity Glut

Posted on May 28, 2009 by

By Bob Sechler, Of DOW JONES NEWSWIRES Lenders to the U.S. trucking sector are hesitating to pull the plug on struggling freight carriers, a trend that may exacerbate the industry’s steep downturn. The volume of freight hauled by truckers has … Continue reading →

Posted in Truck Driver Industry | Tagged , , Bob Costello, , , , , , , , | 2 Comments

YRC Worldwide Finalizes Bank Amendment

Posted on May 15, 2009 by

YRC Worldwide Inc. (Nasdaq: YRCW) today announced that it has finalized an amendment with the company’s lenders of its credit facilities that eliminates the second quarter earnings before interest, taxes, depreciation and amortization (“EBITDA”) covenant. The company’s other financial covenants, … Continue reading →

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Head of YRC Worldwide logistics will leave company

Posted on May 14, 2009 by

The head of YRC Worldwide Inc.’s logistics subsidiary will leave the company at the end of the month. YRC Logistics CEO and President Jim Ritchie will transfer his responsibilities to John Carr, who had been COO of the division and … Continue reading →

Posted in Truck Driver Industry | Tagged Australia-based Brambles Ltd., , CEO Mike Ihlein, CHEP, CHEP USA, Europe, , Jim, Jim Ritchie, John Carr, Kansas City Business Journal, , , YRC Logistics, | Leave a comment