Carrier Review

YRCW announced that joint committees representing Teamsters and YRC Worldwide management are being formed to address the company’s competitiveness and reentry into union pension plans. In addition, Teresa Ghilarducci has been nominated by the IBT to join the YRC Worldwide board of directors. Ghilarducci’s nomination is in conjunction with the most recent Memorandum of Understanding between the union and the company.

“The self-help recovery that the company and union accomplished together has stabilized the business and put us back on the path to success,” said Bill Zollars, chairman, president and CEO of YRC Worldwide. “As customers continue to increase their business with YRC Worldwide, and the company returns to profitability, these efforts will provide further momentum as we focus on additional improvements to solidify the company’s industry leading position.”

Ghilarducci is a professor of economics and the Bernard L. and Irene Schwartz Professor of Economic Policy Analysis in the Department of Economics at the New School for Social Research, New York. “We look forward to Teresa’s election and participation on the board,” said Zollars.

Upon Ghilarducci’s election, Carl W. Vogt will resign from the board as previously announced.

The company’s expectations regarding the timing and degree of market share growth are only its expectations regarding these matters. Actual timing and degree of market share growth could differ based on a number of factors including (among others) the company’s ability to persuade existing customers to increase shipments with the company and to attract new customers, and the factors that affect revenue results (including the risk factors that are from time to time included in the company’s reports filed with the SEC. Freight quote

About YRC Worldwide

YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is one of the largest transportation and logistics service providers in the world and the holding company for a portfolio of brands including Yellow Transportation, YRC Reimer, YRC Glen Moore, YRC Logistics, New Penn, Holland and eddaway. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities.

Crude oil prices fell below $70 last week on market fundamentals–rather than a volatile U.S. dollar as had been the case over the past 6 months, effecting your freight quote.

Oil markets are beginning to return to a semblance of normalcy in that they are being driven by supply and demand–rather than fluctuations in the U.S. dollar or speculatory trading. Refined gasoline supplies rose in the latest week, a sign that the consumer is still reducing travel. Further, warm weather conditions through November helped keep heating oil demand down early in the winter season. These conditions, plus a moderate drop in the U.S. dollar, helped to drop oil prices from near $80 to the $70 mark.

Looking forward, several things will dictate where oil prices go. First, the value of the dollar does have a material impact on oil prices. When the U.S. dollar is low, it takes more to purchase the same barrel of imported oil and the price per barrel rises. Second, oil prices are also being affected by the rise in consumption from emerging consumer markets like those in China and India. China will sell an additional 12 million new vehicles by the end of 2009, and that figure is expected to rise in 2010.

As a heavy winter blast set in over a majority of the country last week, it will have a draw-down effect on oil inventories–likely helping to return oil prices into the $80 range according to analysts. In fact, few expect it to remain below $70 for any extended period of time because of potential actions by OPEC and a return of increased economic activity across the globe in early 2010.

As the winter season approaches, Yellow Transportation professional driver and Road Team Captain Ron VanBibber, would like to share some safe winter driving tips. During Ron’s 22+ years of professional driving, he’s driven through all types of bad weather and on the way learned a lot about staying safe.

Tip #7 Watch for black ice

Black ice is a dangerous road condition. It is a thin layer of transparent ice that forms when the temperature is close to freezing and sometimes makes the road look slightly wet.

It is difficult to spot, so when the temperature gets close to freezing, I look for clues:

• ice build-up on my mirror arms, antenna, or the top corners of my windshield
• the spray from tires on vehicles in front of me stops

Visit past Winter safe driving tips from YRC Road Team Captain Ron VanBibber:
Tip #6: Brake and accelerate lightly
Tip #5: Hold your steering wheel firmly
Tip #4: Give yourself extra space
Tip #3: Slow down
Tip #2: Complete a Pre-Trip Inspection
Tip #1: Be Prepared

YRC Worldwide Inc. announced today that New Penn, one of its regional operating companies, will introduce a new and improved suite of guaranteed service offerings featuring superior reliability and value. All guaranteed service shipments are backed by the New Penn no-hassle guarantee to be complete and on-time or the invoice will automatically be reduced to zero dollars with no need for the customer to file a claim.

One of the primary enhancements is a new guaranteed by 9 a.m. service that provides customers with a level of morning precision that is typically found only with air freight or dedicated delivery carriers.

The other key enhancement is a new day-definite service offering that is guaranteed to deliver by 3:30 p.m., rather than end of day like most competitive offerings. By offering earlier guaranteed delivery times, customers are able to get goods into production or for sale to clients the same day the shipment arrives rather than traditional guaranteed delivery by 5 p.m. in which shipments often cannot be incorporated into the supply chain until the following day.

With the enhancements, the New Penn Guaranteed Precision^™ suite of award-winning service offerings now includes:

    --  Guaranteed Delivery By 9 a.m.
    --  Guaranteed Delivery By Noon
    --  Guaranteed Delivery By 3:30 p.m. (Day-Definite)
    --  Guaranteed Delivery Within a Single-Hour Window
    --  Guaranteed Delivery Within a Multi-Hour Window

“We are constantly reviewing our services in order to provide highly customizable solutions that meet the demands of our customers and their tightened supply chains,” said Steve Gast, president of New Penn. “We have aligned the needs of our customers with the highly reliable capabilities of the New Penn network to provide our customers with an expanded set of guaranteed service options - all backed with the no-hassle, New Penn delivery assurance guarantee.”

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 YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Transportation and Roadway , 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 49,000 people.

YRC will host a conference call for shareholders and the investment community on Thursday, July 30, beginning at 4:30pm ET, 3:30pm CT. 2nd quarter earnings will be released at approximately 4:15pm ET, 3:15pm CT, that same day.

Hosting the teleconference will be Bill Zollars, Chairman, President and CEO, and Tim Wicks, Executive Vice President and CFO.

The conference call will be available to listeners via a webcast on the YRC Worldwide Internet site yrcw.com. Recorded playback of the call will be available via yrcw.com.

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 YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Freight and Roadway Express, 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 43,000 people.

YRC Worldwide announced that 58 of its professional drivers will compete at the 2009 National Truck Driving Championships to be held August 18-22 at the David L. Lawrence Convention Center in Pittsburgh.

To qualify for the national championships, each driver placed first in his respective class at state competition. The drivers will compete against nearly 400 others for national titles in eight different classes of vehicles and for the overall title of National Grand Champion.

Both the state and national contests include challenging driving skills and maneuvering tests, a pre-trip inspection and a written examination covering vehicle operation and federal safety regulations. To participate in state competitions, drivers must be accident-free for one year.

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 YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Transportation and Roadway Express, 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 49,000 people.

YRC Inc announced the continuation of its successful “Confidence Delivered” service program. The program is designed for new customers and existing customers expanding their business with YRC. Introduced as a demonstration of the company’s confidence in the performance of its integrated delivery network, customers signing on to the Confidence Delivered program may send five shipments anywhere within the YRC network, and if any of the five shipments is not delivered on-time, the customer receives the sixth shipment free.

The YRC network was created on March 1, when the company integrated the people, systems, facilities and equipment of the former Yellow Transportation and Roadway networks. The streamlined network is now the largest single “big shipment” network in North America with approximately 400 service locations.

“Since the integration, the new YRC network is delivering service reliability that exceeds the performance of the legacy Yellow and Roadway Express networks,” said Mike Smid, President, YRC Inc. and Chief Operations Officer, YRC Worldwide. “We anticipate that our exceptional operations will not only attract new customers but previous customers will come back to experience the improved service.”

Prospective customers interested in the Confidence Delivered program can call 1-800-610-6500 or contact their local YRC representative.

About YRC Worldwide

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 YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Transportation and Roadway, 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, Kan., YRC Worldwide employs approximately 49,000 people.

YRC Worldwide Inc. announced today that it will begin discussions with the International Brotherhood of Teamsters to seek to modify the terms of the current labor agreement for its employees covered by the National Master Freight Agreement. These discussions will address alternatives to help to reduce the company’s cost structure and preserve operating capital going forward.

YRC Worldwide recently announced an agreement with Central States, Southeast and Southwest Areas Pension Fund (”Central States”), the largest of the company’s IBT multi-employer defined benefit pension funds, to provide certain of the company’s real estate as collateral in lieu of pension contribution payments during the second quarter. The company also announced an amendment to its bank agreement, which provides for the immediate release of escrow funds generated from the company’s prior real estate transactions to pay down the revolving credit facility without reducing the company’s borrowing availability under the facility.

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 YRC, YRC Reimer, YRC Logistics, New Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its heritage brands, Yellow Transportation and Roadway Express, 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 49,000 people.

The Freight Analysis Framework, version 2.2, is the source of all statistics in this report. FAF covers all freight flows to, from and within the US except shipments between foreign countries that are transported through the US. Shipments to and from Puerto Rico are counted with Latin America.

FAF covers all modes of transportation, which include lower freight rates. The truck, rail and water categories include shipments transported by only one mode. Air includes shipments weighing more than 100 pounds moved by air or by air and truck. Inter-modal includes all other shipments transported by more than 1 mode, like bulk products moved by water and pipeline and mixed cargo hauled by truck and rail. Inter-modal includes courier and postal shipments weighing less than 100 pounds transported by any mode. Pipeline includes a small quantity of shipments moved by unknown modes.

The total value of commodities in FAF is greater than our GDP because many products counted once for GDP may move multiple times during the year. For example, grain may move initially from farm to grain elevator, then from grain elevator to processing plant, and finally as cereal or bread from processing plant to market. These movements are counted 3 times in freight statistics but only once in GDP as food purchased by households, freight shipping quote.

The US Department of Transportation, Federal Highway Administration, publishes FAF and other statistics in the annual Freight Facts and Figures publication.

It was just R&L Carriers celebrating a victory in the Daytona 500.Matt Kenseth won the NASCAR Super Bowl on Sunday, a rain-shortened victory in the first race of the Sprint Cup season. R&L Carriers logo was emblazoned on Kenseth’s Ford Fusion as well as his racing suit and the suit of his entire crew.

“We are proud to be a part of the championship team of Matt Kenseth and Roush Racing. This victory is shared by all our valued employees and customers across the country and this opportunity is only made possible by their commitment and dedication to the truckline,” said Greg Bronner, director of marketing of R&L Carriers, Inc.

The R&L logo could easily be seen throughout the race as Kenseth battled for the lead.R&L Carriers is an associate sponsor for Kenseth.