As previously reported, Stifel analyst David Ross downgraded YRC Worldwide (YRCW) to Hold from Buy, stating that YRC has fallen short of expectations and not even gotten back to 2015-2016 levels of profitability despite it having been a strong LTL freight market all year. Following "nearly two years waiting for 'one good quarter,' it's time to admit it may not come," Ross stated in his note to investors. While UPS Freight (UPS) may go on strike on Monday and YRC may have a chance to gain significant tonnage back in its network if the strike drags on, YRC's own labor contract also expires March 31 and "unlike UPS the company is not exactly rolling in dough," Ross added. He cut his price target on YRC shares to $7 from $15.