YRC Worldwide Advances Functional Organization Structure with Leadership Changes

Company continues to implement comprehensive plan, with focus on customer service, sales and finance

YRC Worldwide today announced the appointment of a chief operating officer and subsequent changes to its senior leadership alignment. The modifications are an advancement of the functional organization structure introduced in June across YRC Worldwide to streamline decision-making, eliminate duplicate efforts and costs while maintaining focus on critical customer-impacting areas.

"As we continue to work our comprehensive plan to restore financial strength and position our company for future growth, the most critical interdependencies rest between finance, operations and sales," stated Bill Zollars, chairman, president and chief executive officer - YRC Worldwide. "Today's actions ensure these key functions are working directly together to meet our service commitments to customers and attain our strategic goals."

The following YRC Worldwide appointments are effective immediately:

Tim Wicks, formerly executive vice president and chief financial officer, assumes the role of chief operating officer - YRC Worldwide, reporting to Zollars. In this new role, Wicks is responsible for sales, marketing, pricing, operations and financial strategy results across the company. Reporting directly to Wicks are Mike Smid, president - YRC Inc., and chief operations officer - YRC Worldwide and John Garcia, executive vice president and chief sales officer - YRC Worldwide. In addition, Greg Reid, executive vice president and chief marketing officer along with Andy Slusher, vice president pricing will report to Wicks.

Also reporting to Wicks is Sheila Taylor, who will assume a new role as executive vice president and chief financial officer - YRC Worldwide. Prior to this position, Taylor served as vice president - Investor Relations and Treasurer. Taylor now leads a consolidated organization comprised of all strategic and operational finance activities across YRC Worldwide. Paul Liljegren will lead Investor Relations and Treasury, and Phil Gaines will assume the role of chief accounting officer, in addition to his other finance duties. Both will report to Taylor, along with Terry Gerrond, vice president -Taxation.

Mike Naatz, executive vice president and chief information and service officer - YRC Worldwide, will take on an expanded role leading revenue management, in addition to billing, quality, information technology and customer service, as the company sharpens its focus on the end-to-end customer experience. Naatz will continue to report to Zollars.

Dan Churay, executive vice president, general counsel and secretary; Jim Kissinger, executive vice president - Human Resources; and John Carr, president - YRC Logistics, remain in their current roles, reporting to Zollars.

YRC Inc. Hosts Christina's Smile Children's Dental Clinic at YRC Worldwide Headquarters

YRC Inc., a subsidiary of YRC Worldwide Inc. and Christina’s Smile Dental Care Clinic will be offering free dental care to needy children on Thursday and Friday, Oct. 1-2, from 8 a.m. to 5 p.m. at the YRC Worldwide Headquarters.

Christina’s Smile is a traveling dental clinic that provides free dental care to underprivileged children. Various charitable groups and organizations select the children prior to the Clinic.

“YRC Worldwide is committed to the education and health needs of children and young people,” said Mike Smid, president – YRC Inc., and chief operations officer – YRC Worldwide. “This program provides help and support to children across the country. We are looking forward to continuing our partnership with Christina’s Smile, as we have for the past 20 years.”

Dr. Richard R. Garza, who treated many underprivileged children in his Austin, Texas, dental practice for 22 years, conceived Christina's Smile Children's Dental Clinic in 1989. Dr. Garza came up with the idea of building a mobile clinic in a 48 foot vehicle that would impact as many children and families as possible. A partnership with a trucking company was necessary to move the mobile clinic around and for two decades, YRC Worldwide has partnered with Christina’s Smile to bring free dental care to children across the country.

According to Dr. Garza, children living in poverty throughout the U.S. lack access to dental services, and high health care costs virtually prohibit impoverished families from receiving quality dentistry except through "free clinics" or other such facilities.

“Children who otherwise would not have access to dental care are able to benefit, Christina’s Smile is providing charitable dentistry to thousands of kids,” said Dr. Garza. “This mission requires many partners, and we are lucky that YRC Worldwide continues to be a significant partner in helping these children attain healthier, happier smiles.”

In 2009, 21 Clinics will be conducted to treat over 2,400 children and provide over $1.5 million worth of dentistry to children who might not otherwise receive the care they so desperately need.

YRC Worldwide Statement on Tentative Agreement with Teamsters

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.

"We appreciate the ongoing willingness of the Teamsters leadership to work with the company to identify ways to improve the financial position of YRC Worldwide during this severe economic recession," said Mike Smid, President of YRC Inc. and Chief Operations Officer of YRC Worldwide. "Our employees are the most dedicated and professional in the industry, and their continued loyalty to serving our customers remains unrivaled."

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.

YRC says it's making progress ... but is it enough?

YRC Worldwide CEO Mike Smid knows his customers and competitors are wondering whether the nation's largest LTL carrier will survive. There's no question in his mind that it will, he told DC VELOCITY at NASSTRAC's 2009 Logistics Conference and Expo in late April.

YRC has made substantial changes in its operations while aggressively managing cash, liquidity, and fixed and variable costs, Smid said. "We have not gone to a bank and asked for any additional money—not a dime," he said. (Two weeks after the interview, however, YRC Worldwide Chairman, President, and CEO Bill Zollars told The Wall Street Journal that the company would ask the federal government for $1 billion in Troubled Asset Relief Program (TARP) funds to help it meet pension obligations.)

Smid believes the recently completed integration of Yellow Transportation and Roadway Express—the integrated unit now goes by the name YRC National—will improve the carrier's outlook. The integration included a network restructuring to eliminate terminals in some areas and expand in others—YRC now operates about 100 more service centers than either Yellow or Roadway did individually, with direct service to an additional 21,000 locations. The carrier also says it has cut average transit times by half a day and boosted on-time delivery rates by several points. Meanwhile, it continues to reduce operating and personnel costs. Full Story.......

YRC Worldwide Schedules Fourth Quarter Conference Call

YRC Worldwide Inc. will host a conference call for shareholders and the investment community on Friday, January 30, 2009, beginning at 9:30am ET, 8:30am CT. Fourth quarter and full-year earnings will be released after the market close on Thursday, January 29, 2009.

Hosting the teleconference will be: Bill Zollars, Chairman, President and CEO, YRC Worldwide; Tim Wicks, Executive Vice President and CFO, YRC Worldwide; Mike Smid, President, YRC National Transportation; and Jim Ritchie, CEO, YRC Logistics.

The conference call will be open to listeners through a live webcast via StreetEvents at streetevents.com and via the YRC Worldwide Internet site yrcw.com.

An audio playback will be available via the StreetEvents and YRC Worldwide web sites.