Yellow Corporation · OTC:YELLQ
Yellow — YRC Worldwide — Merrill Lynch Global Transportation Conference 2008
10 slides from Yellow's conference presentation, Jun 17, 2008
Slide 1: Merrill Lynch Global Transportation Conference
Exhibit 99.2 Bill Zollars Chairman, President & CEO Merrill Lynch Global Transportation Conference June 18, 2008
Slide 2: Brand Recognition
Brand Recognition YRC Worldwide is a $9.6 billion provider of global transportation services, transportation management solutions, and logistics management through a portfolio of successful brands. 2
Slide 3: Brand Recognition (continued)
Brand Recognition (continued) • Evolution and increasing visibility of the YRC Worldwide brand Sponsorship agreement with Jim Furyk, PGA golfer and 2003 U.S. Open winner YRC Worldwide radio spots on ESPN with on-air talent, Scott Van Pelt Effective implementation of a common corporate sales force ac
Slide 4: Impact of New Labor Agreement
Impact of New Labor Agreement • New agreement is a “game-changer” for the company Gives us the capability to provide a faster, more reliable service to the customer at a lower cost Increases the flexibility of our day-to-day operations Provides pension contribution protection over the next five year
Slide 5: Labor Agreement Economic Provisions
Labor Agreement Economic Provisions • Total Increases: $1.50 Total increase per hour $1.45 $1.45 Compounded annual increase of $1.40 $1.40 approximately 3.8% over the life of the contract (weighted average of wages, pension and health care increases) Net economic impact of 3.0% 3.5%- over the life o
Slide 6: Current Initiatives
Current Initiatives • Network optimization: YRC National Transportation • Change of operations at both Yellow and Roadway • Enables more effective competition in 2 and 3-day markets • “Velocity Network” provides increased overall service quality in over 28,000 lanes by: – Reducing shipment hand-offs
Slide 7: Example of Velocity Change at YRC National
Example of Velocity Change at YRC National • Current State: • Future State: Chicago Chicago La Salle La Salle St. Louis St. Louis Jonesboro Jonesboro Memphis Memphis Operation Results: 1. Reduces miles by 34% 2. Improves service standard from 3 days to 2 days 3. Reduces the number of handlings by 1
Slide 8: Current Initiatives (continued)
Current Initiatives (continued) • Network optimization (continued): YRC Regional Transportation • A new and improved design at Holland and Reddaway • No further changes to the geographic networks at any of the Regional companies • Continue progress toward one technology platform at Yellow and Roadwa
Slide 9: Second Quarter 2008 Update
Second Quarter 2008 Update • Updating 2Q08 guidance based on the following: $0.30 $- 0.40 Previous EPS guidance + $0.34 Net curtailment gain (benefit plan equalization) $0.09 Significant accident accrual (at YRC National) $0.55 $- 0.65 Updated EPS guidance Reconfirming the $0.30 - $.40 from core ope
Slide 10: Forward-Looking Statements
Forward-Looking Statements • Pages 6, 8 and 9 of this presentation contain forward-looking statements within the meaning of Section 27A of the SecuritiesActof1933,asamended, andSection21EoftheSecurities Exchange Actof1934,asamended.Thewords “projected”, “expected,” “guidance,” “ontrack,”andsimilarex
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