Wednesday, June 27, 2007

YRC Worldwide Unit Changes Name

Trucking company YRC Worldwide Inc. said Tuesday that its Meridian IQ subsidiary is changing its name to YRC Logistics to emphasize the division's operations and ties to its parent.

The change is effective immediately.

Overland Park, Kan.-based YRC Logistics provides logistical and supply chain management services in the U.S., Europe, Asia and Latin America.

Shares of YRC Worldwide fell 82 cents to close at $37.39 Tuesday. The shares rose 26 cents to $37.65 in after-hours trading.

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