Yellow Roadway Announces Name Change
January 3, 2006 by Splatty
Filed under 3PL, Misc Logistics
Yellow Roadway Corporation has announced a corporate name change to YRC Worldwide. The name change was made in order to reflect the “global breadth and services depth” of the company.
Yellow Roadway which also owns USF has begun to diversify their service offerings to include global logistics services. YRC has also made significant strides in China through the signing of joint ventures in freight forwarding and logistics.
In conjunction with the name change, Yellow Roadway has also changed their web URL to www.yrcw.com and will trade on the NASDAQ under ticker “YRCW”.
“Simply put, the breadth and depth of the enterprise is greater than the name Yellow Roadway conveys. We now operate in over 70 countries around the world and our services have expanded to encompass logistics as well as global, national and regional transportation,” said Bill Zollars, chairman, president and CEO of YRC Worldwide. “Our new name, YRC Worldwide, better reflects the reality of what our enterprise is today. Our aspirations for the future remain consistent with our core purpose: Making global commerce work by connecting people, places and information.” Source – Yellow Roadway Corporation
For the complete press release read here.
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