Home / Overdrive Online / YRC getting $700 million government bailout for nearly 30% stake in fleet

YRC getting $700 million government bailout for nearly 30% stake in fleet

Unknown 1:46 PM Add Comment Overdrive Online Edit

YRC Worldwide announced that the U.S. Treasury Department intends to loan the fleet $700 million in exchange for nearly 30% ownership stake in the fleet. In other news: Convoy and KeepTruckin have partnered for load tracking, and DOE radioactive haulers' 30-minute break waiver has been extended.
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