Monday, July 19, 2010


ABF Freight System, Inc., is sending 16 championship drivers from 10 states to the 73rd National Truck Driving Championships, August 3-8, 2010, in Columbus, Ohio. By winning state truck driving championships and by maintaining an accident-free driving record for the previous 12 months, professional drivers earn the right to compete in the National Championships.

Among the competitors representing ABF are six repeat winners from 2009, three former National Champion Drivers and four 2010 state driving Grand Champions.

Name State Category Awards and Recognition

Garry Holliman Arkansas Three Axle Grand Champion
National Champion 2006,

Tony Spero* Connecticut Sleeper 2009

Timothy Melody Idaho Twins

Christopher Blandford Kentucky Twins
National Champion 1994,

John Hazlett* New Jersey Tank Truck 2000, 2007
Highest Written Score 2010

Michael Contreras* New Mexico Flatbed

Ralph Garcia* New Mexico Sleeper

Steve Limas New Mexico Five Axle

Kirk Weis New Mexico Straight Truck Grand Champion

Rosey Jarzenski Ohio Sleeper National Champion 1995

Richard Bachman Pennsylvania Straight Truck Grand Champion

Peter Root Vermont Three Axle

John Dill Wyoming Twins Highest Interview Score
Highest Pre-Trip Score

Gary Mason* Wyoming Five Axle Highest Written Score

Roger Phillips Wyoming Straight Truck

Andrew Walston* Wyoming Four Axle Highest Driving Score
Grand Champion

An asterisk (*) denotes repeat winners from 2009.

Team Championship trophies were also awarded to the ABF driving teams in Arkansas, New Mexico and Wyoming.

"ABF is extremely proud of our drivers who have earned the privilege to compete in this year's National Truck Driving Championships. These 16 drivers are just a small sampling of the ABF professional drivers who on a daily basis safely deliver and protect the goods entrusted to us, bringing unmatched value-added logistics solutions to our customers," said Sam Cates, ABF safety and security director. "The reputation ABF enjoys as a trusted supply-chain partner and an industry leader in safety will be well represented with this group."

Sunday, July 18, 2010

YRC Worldwide Sends 42 Drivers to the National Truck Driving Championships

YRC Worldwide Inc. announced today that 42 of its professional drivers will compete at the 2010 National Truck Driving Championships (NTDC) to be held August 3-7 at the Greater Columbus Convention Center in Columbus, Ohio.

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 competitions 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.

"We would like to congratulate all of our professional drivers on their continued dedication to safety and their remarkable driving skills when competing at the State Truck Driving Championships," said Mike Smid, president-YRC Inc., and chief operations officer-YRC Worldwide. "Their motivation to compete is a reflection of their ongoing commitment to the industry. We are extremely proud of all of our drivers and look forward to their participation in this premier skills competition."

Fans and supporters of YRC Worldwide drivers are invited to learn more about the team and follow their progress on Facebook and Twitter.

YRC Worldwide sees improvement in second quarter

YRC Worldwide Inc. has provided an update on its expected second quarter results.

The company expects second quarter adjusted EBITDA within a range of $35 million to $45 million, excluding the YRC Logistics segment which will be reported as discontinued operations. When including the expected adjusted EBITDA loss from discontinued operations of $9 million to $11 million, the company expects second quarter adjusted EBITDA within a range of $24 million to $36 million which exceeds the $5 million covenant level required by its credit agreement.

As a comparison, the company's adjusted EBITDA for the first quarter of 2010 was a loss of $53 million.

At June 30, 2010 the company's estimated cash and cash equivalents were $142 million, unused restricted revolver reserves were $129 million and unrestricted availability was $8 million, for a total of $279 million. As a comparison, at March 31, 2010 the company's reported cash and cash equivalents were $130 million, unused restricted revolver reserves were $107 million and unrestricted availability was $4 million, for a total of $241 million.

For the second quarter of 2010, tonnage per day for YRC National was 27,000 and for YRC Regional was 26,900 which were 11.0% and 15.2%, respectively, higher than the tonnage per day for the first quarter of 2010.