Squeeze on US truck capacity and lack of drivers keeps rates high
With tender rejections at record highs, shippers are seeing contract rates follow the upward momentum ...
Press release
“OVERLAND PARK, Kan., Sept. 11, 2019 (GLOBE NEWSWIRE) ? YRC Worldwide Inc. (NASDAQ: YRCW) announced today it has completed a refinancing of its term loan obligations and entered into a term loan agreement (“Term Loan Agreement”) with funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) acting collectively as the Lead Lender for a $600 million facility which provides additional liquidity and has a less restrictive financial covenant. This is expected to create operational runway as the ...
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