°®¶¹´«Ã½

Less-than-truckload carrier YRC Worldwide Inc. has reached an agreement with its lenders that will extend until 2024 the terms of $580 million in loans it is using to help improve its business operations.

For Kevin Mailand, the National Truck Driving Championships are going to have a familiar feel. Mailand, a YRC Freight driver with nearly 35 years' experience over the road, captured the 3-Axle crown at  the Kansas Truck Driving Championships and in the process punched his ticket to Pittsburgh for nationals. Turn back the clock 10 years: Mailand won in the Twins class to earn Rookie of the Year honors and a trip to the NTDC in … Pittsburgh.

A fully ratified, five-year labor contract among less-than-truckload carrier YRC Freight, regional LTL carriers Holland and New Penn Motor Express, and the International Brotherhood of Teamsters went into effect May 14, covering an estimated 24,000 workers, YRC Worldwide announced.

Wade Wagemann of YRC Freight will be gunning for his ninth appearance at the National Truck Driving Championships as he competes for the 13th time at the South Dakota Truck Driving Championships, which are being held May 18 at the Southeast Technical Institute in Sioux Falls.

Unions for workers at Overland Park, Kan.-based YRC Freight and two affiliated companies reached a tentative labor agreement that would result in wage increases over the next five years for most who are covered under the proposal.

After working for eight years under a series of contract extensions, less-than-truckload carrier YRC Freight and its two regional operations have opened contract negotiations with the International Brotherhood of Teamsters.

YRC Worldwide CEO James Welch was hopeful three months ago that the third quarter would be in line with the second quarter, but that was before two hurricanes wreaked havoc in Texas and Florida.