- "This modification would address our operating cost structure, which is higher than a number of companies in our industry, due primarily to pension plan funding obligations."

Other headlines for [YRCW]

• YRCW Today 12:56pm
  Yellow Roadway Corporation S&P adjusts creditwatch from negative to developing
  
• YRCW 12/24/2008 08:06am
  Yellow Roadway Corporation Cancels tender offer; in talks with banks on amendment- Key volume statistics for the fourth quarter-to-date as of November 30, 2008 compared to the same period in 2007 include - YRC National more...
  
• ODFL 12/23/2008 06:45am
  Old Dominion Freight Line Inc Cuts FY08 guidance EPS $1.73-1.76 v $1.85e ($1.90-1.95 prior)- CEO: The primary cause of our revision in guidance is weakness in tonnage, as well as the continuing competitive pricing environment. In more...
  
• 12/14/2008 08:31pm
  (US) The air quality regulator in California has approved tighter rules for diesel truck emissions - WSJ- The approval was part of a plan to reduce pollution by 85% by 2022. - The rules will require more...
  
• CNW 12/8/2008 04:10pm
  Con-Way Inc Guides FY08 $2.20-2.35 v $2.79e (had seen $2.60-2.80); reduced its nationwide workforce by about 8% or 1,450 positions- Company comments: With three weeks remaining to the end of the year, the more...
  

Industrials sector headlines

• JBLU Today 02:07pm
  JetBlue Airways Corp Reports Dec Load Factor 79.4% v 76.8% y/y- RPMs -1.8% y/y - ASMs -5.1% y/y
  
• FR.FR Today 01:28pm
  Valeo SA Moody's lowers Long term rating cut to Ba1 fom Baa3; now junk status; affects €1.1B worth of debt
  
• NSANY Today 01:24pm
  Nissan Motor Co., Ltd Announces recall of 243K trucks and SUVs due to airbag sensor issues
  
• DAL Today 01:19pm
  Delta Air Lines Inc Reports Dec load factor 80.1% v 77.7% y/y- ASMs 9.78M (+0.7% y/y) - RPMs 12.2M (-2.4% y/y)
  
• CAE Today 01:12pm
  Cascade Corp. Shares downgraded to underperform from neutral rating at DA Davidson (timing uncertain)