YRC Worldwide CEO Reassures Investors
December 04, 2008 at 13:20 PM EST
YRC Worldwide Inc. (Nasdaq: YRCW) chief executive Bill Zollars reassured investors that proposed wage cuts between $225 million to $250 million and other cost cutting measures to save another $200 million will be enough to keep the company afloat. Shares of the transportation services provider climbed 73 cents to $5.57.
