YRC Worldwide Inc (YRCW)

[turbodog]

YRCW OUTLOOK
Outlook

"With our continued operating momentum we expect to achieve positive adjusted EBITDA and be well within our credit agreement financial covenants in the fourth quarter of 2010," stated Taylor. "We are in discussions with appropriate stakeholders to complete the next steps of our comprehensive recovery plan and feel good about our progress."

In addition, the company has the following expectations for full year 2010:

•Gross capital expenditures in the range of $20 million to $30 million
•Excess property sales in the range of $70 million to $80 million
•Sale and financing leasebacks of approximately $50 million
•Effective income tax rate for continuing operations of approximately 3%