YRC Worldwide Reports Improving First Quarter Shipment Trends

March Shipments Up 10% for National and Regional Month-to-Date vs. February

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YRC Worldwide

Mar 17, 2010, 09:13 ET

OVERLAND PARK, Kan., March 17 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. (Nasdaq: YRCW) today reported improving first quarter shipment trends for its YRC National Transportation and YRC Regional Transportation segments.  Shipment volumes in the latter part of December and early January were impacted by the extensions to our note exchange.  Severe winter weather during January and February further hindered shipment growth and impacted our costs and productivity.  However, shipment growth in March, month to date, is at levels which exceed normal seasonal patterns, as total shipments per work day for both YRC National and YRC Regional increased 10% compared to the same period in February.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The word "expectations" and similar expressions are intended to identify forward-looking statements. It is important to note that the company's actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including (among others) our ability to generate sufficient cash flows and liquidity to fund operations, which raises substantial doubt about our ability to continue as a going concern, inflation, inclement weather, price and availability of fuel, sudden changes in the cost of fuel or the index upon which the company bases its fuel surcharge, competitor pricing activity, expense volatility, including (without limitation) expense volatility due to changes in rail service or pricing for rail service, ability to capture cost reductions, changes in equity and debt markets, a downturn in general or regional economic activity, effects of a terrorist attack, labor relations, including (without limitation) the impact of work rules, work stoppages, strikes or other disruptions, any obligations to multi-employer health, welfare and pension plans, wage requirements and employee satisfaction, and the risk factors that are from time to time included in the company's reports filed with the SEC, including the company's Annual Report on Form 10-K for the year ended December 31, 2009.

YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is one of the largest transportation service providers in the world and the holding company for a portfolio of successful brands including YRC, YRC Reimer, YRC Glen Moore, YRC Logistics, New Penn, Holland and Reddaway. YRC Worldwide has the largest, most comprehensive network in North America, with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. Please visit yrcw.com for more information.  

    
    
    Investor Contact: Paul Liljegren          Media Contact: Suzanne Dawson
    YRC Worldwide Inc.                        Linden Alschuler & Kaplan
    913.696.6108                              212.329.1420
    [email protected]                   [email protected]

 

SOURCE YRC Worldwide

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