DALLAS, Oct. 26, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring YRC Worldwide Inc. (Nasdaq:YRCWD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/YRCWD
YRC Worldwide Inc. (YRCWD), through its wholly owned operating subsidiaries, offers customers a range of transportation services. The Company's operating subsidiaries includes YRC National Transportation (National Transportation), YRC Regional Transportation (Regional Transportation), YRC Logistics and YRC Truckload (Truckload).
YRCWD was incorporated in 1983 and maintains headquarters in Overland Park, Kansas.
Message Board Search for YRCWD: http://www.boardcentral.com/boards/YRCWD
In the report, the analyst notes:
"YRCWD was boosted last week after the Company announced an amendment to renew its asset-backed securitization facility (ABS)."
"We appreciate the continued support of our ABS lenders as demonstrated by the early renewal of this important 364-day accounts receivable borrowing facility," said Sheila Taylor, executive vice president and CFO of YRC Worldwide.
"YRCWD share price also rallied last week as investors cheered its outlook for narrower third-quarter loss. The Company said daily tonnage in the third quarter was higher than in the second quarter, and revenue per shipment was higher than a year earlier."
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