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Re: yesmistermorningstar post# 23184

Friday, 10/02/2015 2:47:29 AM

Friday, October 02, 2015 2:47:29 AM

Post# of 24405
"We're going to get the benefit of the pricing environment, but we're also going to get the benefit of being able to run our network much more efficiently and have our service improve and allow our sales force for the first time in many years actually lean into the sales and get off the ropes," Pierson said. "So, it actually is getting some of the swagger back into our sales force. We have hundreds of very capable, tenured sales professionals and we just need to give them an excuse to make the good sale. With our improvement in service we've done just that."

YRC is profitable through half of 2015 and it just wrapped up another quarter on Sept. 30. While those results won't be reported for another month, the company is showing stronger financial metrics such as its debt-to-adjusted-EBITDA leverage ratio than it has in previous years. With a credit agreement established in February 2014 in place through 2019, the company has plenty of room to reinvest in itself.

http://www.bizjournals.com/kansascity/news/2015/10/01/yrc-cfo-pierson-touts-merits-of-investing-in-his.html