Edited Transcript of YRCW earnings conference call or presentation 31-Oct-19 12:30pm GMT [Yahoo! Finance News]
YRC WORLDWIDE (YRCW)
Last yrc worldwide earnings: 2/4 04:15 pm
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Source: Yahoo! Finance News
Edited Transcript of YRCW earnings conference call or presentation 31-Oct-19 12:30pm GMT Concerning our regional, operating results deteriorated due to depressed volume levels, which were particularly acute in the Midwest Rust Belt along with the labor disruption in the automotive sector where we have regional exposure and that did not help the last 2 weeks of the quarter. Our ability to leverage the operational flexibilities obtained from the labor contract for the regional companies has been hampered due to these muted volume levels, while labor cost have increased. We will continue to remain disciplined with cost-control measures to balance capacity with asset and resource utilization needs while also continuing to focus on improving our density through network optimization, which should lead to improved operating performance from our regional network. 2019 has been a challenging freight environment all year long, but also a productive year for YRCW. As we look beyond Q3, our path
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