Yellow Corporation · OTC:YELLQ
Yellow — YRC Worldwide — Wachovia Transportation & Packaging Conference 2008
13 slides from Yellow's conference presentation, Sep 8, 2008
Slide 1: Wachovia Transportation & Packaging Conference
Exhibit 99.2 Bill Zollars Chairman, President & CEO Wachovia Transportation & Packaging Conference September 8, 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: Today's Announcement – Accelerating Our Integration Strategy
Today’s Announcement – Accelerating Our Integration Strategy • What does it mean? Yellow Transportation and Roadway become one operating company named Yellow Roadway National networks will be combined, significantly reducing costs fixed and enhancing service performance Local sales teams join forces
Slide 4: Today's Announcement – Accelerating Our Integration Strategy (continued)
Today’s Announcement – Accelerating Our Integration Strategy (continued) • What are the benefits? Comprehensive service portfolio across the brands Simplified customer experience Improved reliability and faster service Further opportunities for growth Increased network scale and efficiencies Cohesiv
Slide 5: Yellow & Roadway Strategy – Where We Have Been
Yellow & Roadway Strategy – Where We Have Been Late 2003 – Completed Roadway acquisition 2004 to – Reduced back-office functions, exchanged current technology & best practices, and shared facilities Early 2007 – Formed YRC National creating a common management team and established the Enterprise Sol
Slide 6: Yellow & Roadway Strategy – Where We Are Going
Yellow & Roadway Strategy – Where We Are Going July 2008 – Launched first phase of velocity networks Sept. 2008 – Announced combination of Yellow and Roadway Late 2008 – Phased-in approach to fully integrate operations through 2009 and sales 2010 and – Operate as one network with significant scale b
Slide 7: Yellow and Roadway Networks
Yellow and Roadway Networks • National networks have significant overlap • Consolidation to begin in lower density locations • Increased density will enhance the customer experience 7
Slide 8: Velocity Update
Velocity Update • Provides increased service quality in more than 28,000 lanes • Expected to eliminate about 20 million linehaul miles annually $40 million annual savings • First phase implemented in July at Yellow and Roadway Average days in transit already improved Customer response has been very
Slide 9: Velocity Update – Customer Feedback
Velocity Update – Customer Feedback “The Velocity Center in Memphis has allowed us to expand our business with Yellow Transportation, when before certain circumstances required the use of other companies. Now we can ship through Yellow, which is our preferred inbound carrier.” – Randy Williams, Seni
Slide 10: Other Company Initiatives
Other Company Initiatives • YRC Regional Transportation network optimization New and improved design at Holland and Reddaway has resulted in significant efficiencies Additional phases planned at Holland to improve growth and further efficiencies No geographic changes to service coverage • Completed
Slide 11: Third Quarter Earnings Update
Third Quarter Earnings Update • Economy has softened further Quarter started slowly and has progressively weakened Impact on volume levels and pricing across operating companies • Internal actions create short-term costs but long-term benefits Early investments in combining the National companies Re
Slide 12: Financial Position
Financial Position • We remain well within our debt covenants Expect leverage ratio below 3.5x; the trigger for additional collateral Covenant currently allows up to 3.75x • Borrowing capacity in excess of $600 million • Upcoming debt maturities Near-term maturities to be settled through a combinati
Slide 13: Forward-Looking Statements
Forward-Looking Statements • Pages 4, 8, 11 and 12 of this presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,as amended,andSection21Eof theSecuritiesExchangeActof 1934,as amended.Thewords“projected,” “expect,”and similar expressions are i
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