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YRCW announced that the company has been named a recipient of the 2010 CIO 100 award by CIO magazine. The 23rd annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).

YRC Worldwide was honored by CIO magazine for the company’s integration and systems migration of Yellow Transportation and Roadway Express into YRC. Combining the strengths of Yellow and Roadway through the integration of networks, services and capabilities required the largest technology migration in the history of the transportation and supply chain industry.

“Our team is dedicated to creating an exceptional customer experience. Accelerating our business leadership through technology leadership is an important part of delivering on our commitment to customers,” said Mike Naatz, president-Customer Care Division and chief customer officer-YRC Worldwide. “Receiving this honor again this year recognizes the outcome and significant value of successful business and IT collaboration at YRC Worldwide.”

The primary business goal of the project has resulted in increased operational effectiveness and margins; improvements to the industry value chain; globalization and supply chain efficiency.

“The IT team at YRC Worldwide managed to do what no one had done before: a complete and successful migration of all systems between two huge transportation providers. And it was accomplished in a very compressed amount of time,” added Naatz.

The comprehensive business integration included:

• New use of existing technology to minimize disruptions and ease the transition
• Migration of all systems, data, and processes, including custom applications
• Innovative use of team resources to prepare for the transition and deal with challenges that inevitably arose during the integration process
• Freight quote system

“This year’s CIO 100 awards draws well-deserved attention to companies that are not only innovating with IT but creating genuine business value as well,” said Maryfran Johnson, editor in chief of CIO magazine & Events. “These winning companies and their IT organizations are an inspiration to businesses everywhere.”

The 2010 CIO 100 awards will be presented at the Terranea Resort in Rancho Palos Verdes, Cal., on Aug. 24 at the conclusion of the 12th annual CIO 100 Symposium(R) and Awards Ceremony.

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, New Penn, Holland and Reddaway. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence.

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.

Reddaway, a subsidiary of YRC Worldwide Inc. has been named 2009 Regional Carrier of the Year by GlobalTranz, a logistics management firm specializing in carrier, supply chain, and warehouse management.

To determine rankings, GlobalTranz agents and representatives nationwide rated its suppliers based on six key criteria: on-time pickup, on-time delivery, driver courtesy, claims and damages, billing accuracy and customer service and freight quote.

“An award of this caliber is the highest compliment,” said T.J. O’Connor, president - Reddaway. “GlobalTranz is a valued partner and this honor is a direct reflection of our continued commitment to exceptional customer service each and every day.”

Founded in 2003, GlobalTranz is a leading provider of supply chain management technology, which optimizes the flow and storage of merchandise as goods and materials move within the supply chain.

This is the second time this quarter that Reddaway has received an award for exceptional performance and quality. In April, the company was honored for its outstanding safety record at the California Trucking Association.

About Reddaway
Reddaway, a YRC Worldwide subsidiary based in Clackamas, Ore., provides standard and expedited regional transportation services throughout the Western United States and British Columbia. Reddaway is a leader in next-day delivery, on-time performance and quality handling within its region. Please visit www.reddawayregional.com for more information.

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, New Penn, Holland and Reddaway. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence.

Charter operators primarily operating on holiday routes also offer freight capacity, like 2nd day air freight principally to forwarders, usually through General Sales Agents (GSAs). Charter airlines generally use airports outside of London Heathrow. They are now offering the capacity to carry large quantities of cargo. In the main, General Sales Agents offer the cargo space for sale on behalf of the charter airlines. The operations are based on leisure travel and cargo has a very low priority for loading. The services are unstable as schedules are dropped or reduced in the winter months; or services are re-routed or combined depending on demand. In addition, the routes are often not main cargo routes. Generally, the charter airlines view the cargo revenue as supplementary to their main passenger business and there is therefore little long term investment in air freight.

Scheduled operators provide air cargo capacity principally in the belly holds of passenger aircraft, although some also operate freight-only aircraft like DB Schenker or BAX Global. They principally contract with freight forwarders and express operators (including integrators).

It is widely recognised that most of the worlds air cargo is carried in the bellies of passenger aircraft on scheduled services. Boeing calculates that 70% of cargo is flown in passenger aircraft while the remaining 30% is carried by all cargo aircraft.

The integrator will receive the second day air freight as a consignment into its system and depending on the final destination; fly it from its regional sub-hub or from a city’s gateway.  One of the marketing features of the integrators is that they collect the goods and deliver them to the final destination, providing all the links in the transport chain, controlling the change of mode and offering a comprehensive information flow along with the physical transport of the goods. Sophisticated information systems are required to do this. On the other hand, whether a logistics provider or a forwarder is used, there are more links in the chain. Sometimes the goods will be consigned to an airline, handled through a transit shed (which may be within the airlines control or a separate company) and if not flown from that airport, taken by an airline trucking company to fly from a gateway airport. Cargo may be moved via a cargo wholesale agent through that company’s hub before being handled through a transit shed and then carried by the airline. A large proportion of air freight is moved by the forwarder, like BAX Air Freight, through its consolidation center before being given to the handling agent and then carried by the airline.

It is known that a significant proportion of air freight is trucked from the regions into the gateway airports both by forwarders moving freight to their consolidation hubs and by airlines as a direct substitute for flying out of a regional airport.  In the case of the main European carriers, it is common for freight to be trucked directly to their main hub on the Continent where it would then be loaded for onward movement on one of their long haul flights. The reverse will happen for imports into the UK. In the same fashion, British Airways will truck cargo inwards from the Continent to help fill its long haul flights from Heathrow.

Transit shed operators provide a transit handling service for airlines and sometimes forwarders. Their function is to receive cargo from the aircraft, de-palletise and deliver to truck or vice versa via a transit shed where customs clearance is required.  Specialized air trucking companies, like guaranteed air freight, provide road transport between the UK regions and the London airports, or continental airports, as well as intra-European services, where trucks substitute for aircraft, usually to a schedule. Most companies work on behalf of the airlines in servicing the forwarders requirements.  Express operators provide services for the movement of mail and small packages, where the timescales for transit are measured in hours by contrast to air forwarders whose service transit times are generally managed in days, like next day air freight.

General sales agents sale next day air freight and second day air freight and are appointed by some airlines (both scheduled and charter) to sell air freight capacity on their behalf, thereby allowing the airlines to avoid the potentially high fixed costs of sales and marketing.

Integrators provide a door-to-door service, usually using their own road transport, handling, transit warehousing facilities and aircraft. Normally integrators contract directly with the shipper. They started principally as express operators, but are now competing more directly with freight forwarders and the airlines.

Air freight forwarders provide a service to shippers and importers which originally involved receiving a consignment of freight from a shipper, arranging its routing, transportation handling and documentation to either the final receiver or to a foreign airport. The role of the forwarders has developed over the years with the largest forwarders describing themselves as logistics providers, like DB Schenker.

The next day air freight industry consists of a number of different commercial organizations who provide shippers with through freight services. These organizations, mainly within the private sector, operate in a highly competitive environment.

Airports act as landlords and infrastructure providers charging landing fees and stand rentals or parking fees to airlines (their main customers) and charging rent to service companies for passenger reception terminals, retail and catering outlets offices, cargo transit sheds, air craft maintenance work shops etc.

Airlines are the suppliers of air cargo capacity into and out of the US are either scheduled operators, charter operators, freighter operators or integrated carriers. Scheduled operators provide air cargo capacity principally in the belly holds of passenger or combo aircraft, though some also operate freight only capacity. Charter operators like BAX Global operating on holiday routes also offer freight capacity, which in line with their passenger business is seasonal. Freighter operators are the operators of freight only aircraft. Integrated carriers operate their own aircraft (and use belly hold capacity) to carry their own cargo, as part of a door-to-door express service for shippers and importers of goods.