YRC Worldwide posts sharply wider 1st-quarter loss on hefty charges, much lower revenue

KANSAS CITY, Mo. — YRC Worldwide Inc., one of the nation’s largest trucking companies, on Thursday reported a larger-than-expected first-quarter loss as hefty restructuring charges exacerbated a big drop in shipments amid the dismal economy.

YRC Worldwide posts sharply wider 1st-quarter loss on hefty charges, much lower revenue

OVERLAND PARK, Kan. — Trucking and logistics company YRC Worldwide says its first-quarter loss ballooned as it booked hefty restructuring charges and shipments declined amid the dismal economy.