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Fighting to stay in the black

Published Tuesday, February 03, 2009

The fourth quarter of ‘08 was especially brutal for a number of trucking companies, but transportation providers are doing what they can to stay in the black despite dropping tonnage numbers. YRC Worldwide Inc. announced a loss per share for the fourth quarter of 2008 of $1.63 and $1.22 for the full year, excluding impairment charges. With impairment charges, which consisted of $141 million related to the integration of Yellow Transportation and Roadway, the company lost $4.14 per share in the fourth quarter and $16.92 per share in 2008. Both YRC’s national and ...

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