Larry Smith/Trans Pixs
YRC Worldwide Friday reported a wider third-quarter loss and upgraded its interim chief financial officer to be its permanent CFO.
YRC lost $177.9 million, or 51 cents per share, compared with a loss of $61.7 million, or $1.33, a year ago.
The loss including $58 million for costs related to preferred stock conversion, the less-than-truckload carrier said.
Revenue rose 12.3% to $1.3 billion, and its operating loss widened to $23.7 million, from $18.8 million a year ago.
Separately, YRC late Thursday named Jamie Pierson its CFO. Pierson, 42, had been serving as interim CFO since August.
Pierson has served in a variety of financial and trucking and transportation positions, including with Greatwide Logistics Services.
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