Seeking Alpha

YRC Worldwide moves on to next challenge after Teamsters deal

  • Shares of YRC Worldwide (YRCW) pop following a tentative agreement between the company and the Teamsters union.
  • The new deal gives YRC some wiggle room, but it still needs to find a way to pay lenders $395M this year beginning with a sizable payment next month.
  • YRCW +20.2% premarket
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