OVERLAND PARK, Kan., Feb. 4 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. (NASDAQ:YRCW) today commented on an article in the February 4 edition of Transport Topics that inaccurately reported that "YRC Worldwide intends to combine Yellow Transportation and Roadway operations." Transport Topics has indicated to YRC Worldwide that it will print a correction of this inaccurate report in its next published edition.
"Our strategy has been and continues to be to offer our customers quality service and multiple capabilities through our well established, separate brands," said Bill Zollars, Chairman, President and CEO of YRC Worldwide. "At no time have we stated an intention to combine the operations of Yellow Transportation and Roadway." The company, in a recent analyst conference, stated that it is working to integrate the technology platforms of Yellow Transportation and Roadway to increase efficiencies, reduce costs and enhance capabilities for its customers. The company also reported that it is working to combine during 2008 the corporate sales channels of Yellow Transportation, Roadway and the YRC Regional Transportation companies to provide its customers with a single point of contact to access all of the capabilities of the YRC Worldwide brands.
YRC Worldwide Inc., a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, YRC Logistics, New Penn, USF Holland, USF Reddaway, and USF Glen Moore. The enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally. Headquartered in Overland Park, Kansas, YRC Worldwide employs approximately 60,000 people. DATASOURCE: YRC Worldwide Inc.
CONTACT: Investors, Sheila Taylor of YRC Worldwide Inc., +1-913-696-6108, ; or Media, Suzanne Dawson of Linden Alschuler & Kaplan, +1-212-329-1420, , for YRC Worldwide Inc.
Web site: http://www.yrcw.com/
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