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YRC Worldwide Profit Rises More Than Expected

Trucking company YRC Worldwide reported earnings Thursday after the market’s close.

The Overland Park, Kan., company has been fending off bankruptcy for years, restructuring operations and aggressively cutting debt. As of Sept. 30, it had about $1.09 billion in debt.

Shares, down 38% this year, rose 14% in late trading.

“During the third quarter of this year, we continued to stay committed to our strategy of placing...