Shares of Overland Park, Kan.-based YRC Worldwide (NASDAQ:YRCW) ran off a cliff in Wednesday trading, after the company's Q2 2013 earnings report revealed that YRC had missed analyst estimates badly.

YRC reported losing $1.72 per diluted share in Q2, as compared with analyst estimates of a $0.64-per-share loss. Revenues, however, at $1.242 billion, exceeded expectations of $1.26 billion. Year-to-date cash burn of the company, at negative $57.3 million, represented a 21% increase in the burn rate compared with H1 last year.

YRC's balance sheet currently shows the company possessing $166 million in cash and equivalents, and $7 million worth of restricted cash. Long-term debt at the company approaches $1.3 billion, not counting pension and post retirement obligations of $525 million.

Addressing the potential for a "cash crunch," YRC revealed that it is in talks with Credit Suisse regarding "a broad range of refinancing and recapitalization options."