Trucking Freight

YRC Worldwide Inc. announced today that it has reached a tentative agreement with the International Brotherhood of Teamsters leadership to modify the terms of the current labor agreement for its employees covered by the National Master Freight Agreement. The proposed changes are designed to reduce the company’s cost structure and preserve operating capital.

Details surrounding the tentative agreement are expected to be available next week following further discussions with labor leadership. The modified agreement will be voted on by YRC Worldwide employees who are represented by the IBT.

Certain statements in this news release include 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 (each a “forward-looking statement”). Forward-looking statements include those preceded by, followed by or include the word “would” or similar expressions. 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) whether the employees covered by the National Master Freight Agreement ratify the modification to that agreement, 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, including (without limitation) those cost reduction opportunities arising from the combination of the sales, operations and networks of Yellow Transportation and Roadway, 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 Securities and Exchange Commission, including the company’s Annual Report on Form 10-K for the year ended December 31, 2008.

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 Trucking, 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 Worldwide Inc. announced that it has earned a Kaizen Challenge Award for continuous improvement from Toyota North American Parts Organization for the 2nd consecutive year. Toyota NAPO announced the 2008 award winners during its annual logistics provider meeting.

Kaizen, which means continuous improvement in Japanese, is an integral component of the Toyota Production System. To encourage its suppliers to embrace the same standards, Toyota created the Kaizen Challenge Award. All preferred suppliers are considered for the award. The award recipients are the suppliers that most effectively used Kaizen principles in helping Toyota address its supply-chain challenges.

About 20 preferred suppliers participated in the 2008 Kaizen Challenge and YRC Worldwide was one of 3 award recipients in its class.

Over the last several years, YRC Worldwide has established a strong partnership with Toyota NAPO, and more than 130 YRC Worldwide employees have completed training in the TPS and Kaizen.

The 2008 Kaizen Challenge award recognizes YRC Worldwide for developing a plan to improve delivery efficiency for over-sized and heavy parts such as truck beds, truck frames, drive trains, transmissions and engines from parts distribution centers and vendors to Toyota dealers throughout the country.

Plan elements included nationwide implementation of a standard process for equipment placement and material handling and a customer service process to coordinate delivery service with dealers. As a result of this process, damage claims and injuries were virtually eliminated.

“YRC Worldwide has been an outstanding partner over an extended period and has made a strong commitment to learn our business and our processes for continuous improvement,” said Sylvia Duran, National Logistics Manager at Toyota NAPO. “For both companies there is no best . . . only better.”

“The employees of YRC Worldwide are gratified to receive this prestigious recognition from Toyota,” said Greg Reid, Executive Vice President and Chief Marketing Officer for YRC Worldwide. “Not only does it demonstrate our ability to deliver innovative, cost-effective solutions, it is a great vote of confidence from a valued client. We’re honored and dedicated to continue to exceed the expectations of Toyota in the future.”

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 49,000 people.

Damage-free reliability creates satisfied customer. We mainly ship outdoor kitchens, which in most customers’ eyes are stainless steel grills. Our products go to customers in Canada and the United States . . . East Coast and West Coast.

Before YRC, we were working with another LTL provider, and we had problems. Product wasn’t secured on the truck and when the customer received the order, it was damaged.

Our Roadway Express account rep at that time, came by one day when this happened. He asked that if he could ensure our product would get from my location to the destination safely, would I give him a shot? I said, “Make it happen and let’s do it.”

Our first Roadway shipment got there on time and in one piece. No complaints! That was three years ago. Since that time, Roadway and Yellow Freight are and now YRC has been simply reliable. Everything comes through as promised.

About five years ago, the president and owner of our organization wanted to attract more customers. We developed a hybrid water heater that we’ve been selling for about two years. Our water heater keeps the water hot no matter what time of day it is; you don’t waste water and money running cold water out of the lines. You can have two showers going at one time and your washing machine and dishwasher, and you’ll still have water pressure and hot water. It’s also highly efficient; it not only saves energy but it burns clean.

Now, more than ever, we’re placing our confidence in the heavyweight expertise of YRC. Customers want greener appliances, so our business is up . . . and our pallets are heavy . . . about 1,600 pounds apiece.

Before, we would ship 15 to 20 pallets per week. Now, even though the housing market is down, our sales are growing and we’re averaging between 24 and 40 pallets a week.

We’re happy. We have great products and YRC is making sure they arrive in good shape.