YRC Worldwide Inc (YRCW)

[yesmistermorningstar]

For the full year of 2014, we improved operating income by 60% to $45.5 million over 2013 and mostly -- mostly due to yield and volume growth at both segments. At YRCW, we generated approximately 65% of our adjusted EBITDA for the entire year of 2014 in the second half of the year, a true sign of operational progress. In the fourth quarter, YRCW improved operating income by $32.8 million, generating 32 -- $31.2 million of operating income versus an operating loss of $1.6 million in the fourth quarter of 2013.