A Thursday report from the commission overseeing COVID-relief loans showed a request on Monday to U.S. Transportation Command seeking more information about correspondence it had with prime contractor Crowley Logistics regarding less-than-truckload subcontractor YRC Worldwide (NASDAQ: YRCW).
U.S. Transportation Command is tasked by the Department of Defense to provide the transportation required for national security.
The commission has had concerns with the $700 million relief loan made to YRC,...
https://www.freightwaves.com/news/oversight-commission-seeks-yrc-pricing-details