YRC Worldwide Inc. on Thursday, July 26, reported the following consolidated results for the second quarter of 2007:
“Our results continue to be impacted by a weak domestic shipping market, resulting in a difficult operating environment,” said Bill Zollars, chairman, president and chief executive officer of Overland Park, Kan.-based YRC Worldwide. “National Transportation results compare favorably to overall industry performance even as we continue to face an economic headwind.”
The transportation industry continues to experience soft volumes year over year, Zollars said. “Most economists have pushed out economic strengthening until late in the year,” he said. “The slower economic conditions will continue to impact the company as we move through 2007.”