Stifel analyst David Ross wrote in a November research note that while much of YRC’s third quarter network has been cleared, there is still some lingering costs associated with equipment rentals that will continue through much of the fourth quarter.
But when looking out to 2018, Ross explained that “the LTL environment looks very positive for continued price and tonnage gains. And if YRC can just string together a couple of good quarters, the stock should trade much higher in our view.”