DALLAS, Sept. 1, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring transport company YRC Worldwide Inc. (Nasdaq:YRCW). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on YRC Worldwide Inc. (Nasdaq:YRCW) should be of particular interest to other transport services companies: Arkansas Best Corp. (Nasdaq:ABFS), Con-Way Inc. (NYSE:CNW), United Parcel Service Inc.(NYSE:UPS) and Federal Express Corp. (NYSE:FDX).
It is available at: http://www.beaconequity.com/i/YRCW
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YRC Worldwide Inc. (YRCW) transports industrial and retail goods within the United States and internationally. The Company operates four segments: YRC National Transportation, YRC Regional Transportation, YRC Logistics and YRC Truckload. The National Transportation segment transports soft, hard and petroleum products from food to chemicals to machinery by owned or leased trucks. The YRC Regional Transportation segment offers next-day local delivery and two-day delivery services throughout the United States.
In the report, the analyst notes:
"Demand for freight will continue to decline in 2009, but may begin to increase along with the economy some time in 2010, according to FTR Associates' North American Commercial Truck and Trailer Outlook Report. Trucking fleet owners have reported declining truck and trailer orders in June and the first half of July of 2009, says fleet trucking publication Fleet Owner Magazine in its industry article of July 17.
"Facing possible bankruptcy, the Company announced yesterday that it has amended a $950 million credit agreement with lenders, including JPMorgan Chase Bank, another move to stay afloat. In response, shares of YRCW soared 33 cents, or nearly 15% to $2.56 in yesterday's after-hours trading."
To read the entire report visit: http://www.beaconequity.com/i/YRCW
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