YRC Worldwide - Transportgigant am Ende?
| eröffnet am: | 19.08.11 09:48 von: | Thomastradamus |
| neuester Beitrag: | 27.02.14 16:48 von: | Thomastradamus |
| Anzahl Beiträge: | 1214 | |
| Leser gesamt: | 153982 | |
| davon Heute: | 43 | |
bewertet mit 4 Sternen |
||
|
|
||
bin zwar nicht mehr ganz nah am Ball, hab YRC aber weiterhin in Beobachtung, so mit einem Auge.
Sieht nicht so aus, als ob´s der Gigant nochmal schafft. Die ganzen Rettungsversuche inkl. der Deals mit Banken und Teamster, sowie der massive Verkauf von Assets haben, so scheinst, die Wettbewerbsfähigkeit von YRC so abschmieren lassen, dass sie wohl nicht mehr hochkommen.
Und das Interesse der Anleger lässt auch immer mehr nach, wie die Umsätze aufzeigen.
Ich hatte im Dezember 2010 mal einen Artikel vom Motley Fool übersetzt, dessen letzter Satz lautete:
"Sometimes, the way to deal with a hole is to stop digging. With YRC, however, we should just fill in the hole, lay flowers upon the grave, and walk away."
Manchmal ist es klüger, in einem Loch das Buddeln einzustellen. Im Falle YRC jedoch sollten wir es zuschütten, Blumen auf´s Grab legen und weggehen.
Wie gesagt, Dezember 2010.
http://www.fool.com/investing/general/2010/12/30/...survive-2011.aspx
"(...) The Company is requesting, among other things, to reset the covenants regarding minimum Consolidated EBITDA, maximum Total Leverage Ratio and minimum Interest Coverage Ratio (as such terms are defined in the Term Credit Agreement) for each of the remaining test periods, including reducing the relevant compliance thresholds for Consolidated EBITDA and the Interest Coverage Ratio by an average of approximately 25 – 35% and 30 – 40%, respectively, and increasing the relevant compliance thresholds for the Total Leverage Ratio by an average of approximately 35 – 55%. (...)"
Q: http://investors.yrcw.com/secfiling.cfm?filingid=1193125-12-171700
Von 402,346 auf 693,563 gestiegen... Das bedeutet bestimmt nicht gutes..
Results Build on Agreements with Lenders that Provide Years of Financial Flexibility
-- YRC Freight tons per day up 3.5%, revenue per hundredweight up 3.3%, operating revenue up 8.1%
-- Regional tons per day up 6.0%, revenue per hundredweight up 4.5%, operating revenue up 9.8%
OVERLAND PARK, Kan., May 3, 2012 /PRNewswire/ -- YRC Worldwide Inc. (NASDAQ: YRCW) today reported financial results for the first quarter of 2012.
Consolidated operating revenue for the seasonally slow first quarter of 2012 was $1.194 billion, up 6.4% over 2011, and consolidated operating loss was $48.8 million, which included an $8.4 million loss on asset disposals. As a comparison, the company reported consolidated operating revenue of $1.123 billion for the first quarter of 2011 and a consolidated operating loss of $68.4 million, which included a $3.0 million gain on asset disposals. On Monday, the company also announced that 100% of its senior credit facility lenders agreed to reset certain financial covenants over the life of the loans and allow the company to retain all proceeds from the auction of certain surplus properties to pay or settle workers' compensation and bodily injury and property damage ("BIPD") claims.
In addition, the company reported, on a non-GAAP basis, adjusted EBITDA for the first quarter of 2012 of $15.3 million, up from negative adjusted EBITDA of $1.3 million during the comparable period in 2011 (as detailed in the reconciliation below). On a year-over-year basis, adjusted EBITDA improved $16.6 million, even after taking into consideration approximately $23.0 million of multi-employer pension plan expense that the company incurred in the first quarter of 2012 but not in 2011.
(...)
Web site: www.yrcw.com
OVERLAND PARK, Kan., Aug. 1, 2012 /PRNewswire/ -- YRC Worldwide Inc. (NASDAQ: YRCW) today announced that it will release earnings for second quarter 2012 on August 3, 2012 prior to the opening of the market. Questions regarding the release can be directed to the company's investor contact.
Web site: www.yrcw.com
YRC Worldwide Inc. (YRCW:Quote) is scheduled to report second-quarter results. The company is expected to report a loss of $4.43 per share compared to the loss of $243.00 per share a year ago. Also, the company is anticipated to generate revenues of $1.31 billion, up from $1.26 billion recorded a year earlier. The company's shares closed Thursday's session at $5.77. (The stock gained nearly 6% in Q2; MA(50)- $6.52; MA(100)- $6.57; 52-wk H/L $270.00/$4.56)
http://www.rttnews.com/1938982/...rce=google&utm_campaign=sitemap
Continued Year-over-Year Operating Improvement and Margin Expansion
Best Second Quarter Liquidity since 2008
OVERLAND PARK, Kan., Aug. 3, 2012 /PRNewswire/ -- YRC Worldwide Inc. (NASDAQ: YRCW) today reported financial results for the second quarter of 2012.
Consolidated operating revenue for the second quarter of 2012 was $1.251 billion, just 0.5% under 2011, and consolidated operating income was $15.5 million, which included a $6.5 million gain on asset disposals. This is the first time since third quarter of 2008 that the company has reported income from operations, excluding second quarter of 2010, which included an $83 million non-cash reduction to its equity-based compensation expense. As a comparison, the company reported consolidated operating revenue of $1.257 billion for the second quarter of 2011 and a consolidated operating loss of $5.6 million, which included a $7.3 million gain on asset disposals.
The company reported, on a non-GAAP basis, adjusted EBITDA for the second quarter of 2012 of $70.1 million, a $5.6 million improvement over the $64.5 million adjusted EBITDA during the comparable period in 2011 (as detailed in the reconciliation below). Additionally, given the resumption of multi-employer pension plan contributions in June 2011, the company recorded an incremental $14 million of multi-employer pension plan expense in the second quarter of 2012 that was not incurred during the second quarter of 2011.
"Our focused approach to pricing discipline, customer mix management and cost initiatives has driven year-over-year improvement in our business, which is reflected in our operating income," stated James Welch, chief executive officer of YRC Worldwide. "We are producing results slightly ahead of our forecast, despite the recently softening economy, and remain focused on executing our operations and sales strategies at all operating companies. We continue to be committed to delivering consistent, high-quality and cost-effective service for our customers and value for our stakeholders," he added. "I also want to especially recognize the resiliency and dedication of the 33,000 employees who are working diligently to help move YRCW forward in a positive and progressive way. We are fortunate to have employees who have the passion and the drive to return the company to its leadership position, and they prove it every day by working to satisfy our customers while at the same time embracing our culture of working safely," said Welch.
Key Segment Information
- Regional Transportation second quarter 2012 compared to the second quarter of 2011:
- Operating revenues up 7.0% to $429.8 million
- Tonnage per day up 4.4% and shipments per day up 2.5%
- Revenue per hundredweight up 2.4% and revenue per shipment up 4.3%
- YRC Freight second quarter 2012 compared to the second quarter of 2011:
- Operating revenues down 0.7% to $821.1 million
- Tonnage per day down 3.3% and shipments per day down 2.1%
- Revenue per hundredweight up 2.9% and revenue per shipment up 1.7%
Jedoch sind die Verbindlichkeiten leicht gestiegen und mit ihnen die Zinszahlungen. Free Cash Flow hat sich zwar verbessert ist aber immer noch negativ.
Erwarte hier keine großen Kurssprünge auf Dauer über $7,- ...
At the same time, consolidated operating income decreased from $27.3 million to $5.8 million, a $21.5 million decrease from the third quarter of 2012. Operating income in 2013 included a $1.3 million loss on asset disposals compared to a $2.3 million gain on asset disposals in 2012. The company also reported adjusted EBITDA, on a non-GAAP basis, for the third quarter of 2013 of $62.4 million, a $16.4 million decrease from the $78.8 million adjusted EBITDA reported for the third quarter of 2012 (as detailed in the reconciliation below).
OVERLAND PARK, Kan., Jan. 17, 2014 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (Nasdaq:YRCW) announced today that it has reached a tentative agreement with officials of the International Brotherhood of Teamsters on an extension of its collective bargaining agreement to March 2019.
The tentative agreement contains a number of revisions to the company's previous proposal which address concerns raised by the Teamsters leadership and its members. The previous proposal, which was voted without reaching an agreement with the union was not ratified by the company's employees. In contrast, this MOU extension was negotiated with the union.
"The outcome of this week's discussions is critical to the future of the company. The MOU extension is something our employees can have confidence is the best - and only remaining - path forward," said James Welch, chief executive officer of YRC Worldwide.
Details of the revised proposal will be reviewed by local union officials at a "two-person" meeting of local union officials to be held on Tuesday, January 21, 2014.