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TheStreet Open House

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

Stocks in this article: YRCW

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.

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