YRC Worldwide (Nasdaq: YRCW) shares have roughly doubled to $1.77 on 3 times their cipher volume shortly after 11:15 a.m. Eastern, after a unsettled deal with the Teamsters may reduce its costs, and the company’s likelihood of bankruptcy. The deal modifies terms of the current labor agreement for its employees covered by the National Master Freight Agreement, helping the company revilement costs and preserve capital. — Mike Tarsala
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