This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

YRC Worldwide's CEO Presents At Deutsche Bank 2012 Aviation And Transportation Conference (Transcript)

A quick fact sheet on YRCW, still a $5 billion dollar company in spite of the things that have occurred at the company over the last several years, 431 locations in U.S. and Canada, 15,000 trucks; 51,000 trailers; $14.1 million annual tons, almost $22 million shipments, and we drive about 1.1 billion miles a year.

Global history on the company, for those of you that are not familiar with the companies that make up YRC Worldwide, virtually all the companies were founded between 1919 and 1931, within a 12-year period; Reddaway, Yellow, Holland, Roadway and New Penn all came into existence. As you can see to the timelines, there really wasn’t much going on between 1930, and really as we approached 2000 in lot of ways.

Obviously, a lot of activities started occurring in the 2000 timeframe, arguably maybe some bad activity as the things have played out, but the floor of activity with acquisitions of Roadway and then USF. Then the start of (inaudible) ventures into China, and then what happened with the economy, with the over leverage situation, and then the July 11; or July 11 the transaction and the things that have occurred since then.

From a market share standpoint, if you look at the regional carriers and YRCW, we still command about 23%, 24% of the market share. So we’re still certainly a viable player in this industry, and a company that is certainly on the move again and having good progress with our customer relationship rebuild, but still a major player in the industry.

Descriptions again, we'll go into this a little bit more in detail. YRC Freight again the combination of Yellow and Roadway. National network the regional carriers are again New Penn, Reddaway and Holland. If you look at Freight almost 200,000 customers, 282 service centers, 15,600 dock doors. Our average length of haul at Freights about 1300 miles, average weight per shipment is around 950 pounds, approximately 22,000 employees an average days in transit is 3.7.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs