Yellow Corporation · OTC:YELLQ
Yellow — YRC Worldwide — JPMorgan Aviation & Transportation Conference 2008
10 slides from Yellow's conference presentation, Mar 19, 2008
Slide 1: JPMorgan Aviation & Transportation Conference
Bill Zollars Chairman, President & CEO JPMorgan Aviation & Transportation Conference Bill Zollars Chairman, President & CEO JPMorgan Aviation & Transportation Conference March 19, 2008
Slide 2: Brand Recognition
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. We can handle any shipment, any where, at any speed.
Slide 3: Market Presence
3 Market Presence Market Presence The largest LTL provider with significant footprints in the national and regional markets Expanding presence in international markets A clear strategic direction Substantial opportunities through the new labor contract YRCW Others LTL Segment* * Company analysis bas
Slide 4: Margin Trends
4 Margin Trends Margin Trends 4.5% 1.5% 1.8% 3.2% 5.3% 6.1% 5.5% 2.3% 2000 2001 2002 2003 2004 2005 2006 2007 EBIT Margins* Improving margins at the peaks and troughs of the economic cycle Operating leverage provides significant upside when the economy improves Variable cost structure allows for pos
Slide 5: YRC Worldwide
‘YRC Worldwide
Slide 6: Current External Environment
6 Current External Environment Current External Environment The economy remains soft and appears to be weakening further in some markets First quarter has been challenged with abnormal severe weather patterns Fuel prices continue to hit record highs Excess capacity exists in the LTL and TL space
Slide 7: First Quarter Update
7 First Quarter Update First Quarter Update Regional restructuring: Reddaway is showing significant improvement since the February 22 closures Holland issues will take longer to address Shutdown charges still expected around $10 million Unfavorable actuarial adjustment for accidents and property lia
Slide 8: Current Initiatives
8 Current Initiatives Current Initiatives Obtain $100 million of performance improvement Continue progress toward one technology platform at Yellow and Roadway Effective implementation of a common corporate sales force across all asset-based companies Further growth in China: Complete the Jiayu acqu
Slide 9: Current Initiatives (continued)
9 Current Initiatives (continued) Current Initiatives (continued) Network optimization: Two significant changes of operations at Yellow and Roadway A new and improved design at Holland Footprints remain basically the same Focused on efficiency; reducing hand-offs Enables us to compete more effective
Slide 10: Forward-Looking Statements/ GAAP vs. Non-GAAP Measures
10 Forward-Looking Statements/ GAAP vs. Non-GAAP Measures Forward-Looking Statements/ GAAP vs. Non-GAAP Measures GAAP versus Non-GAAP Measures: The earnings before interest and taxes (EBIT) margin for 2007 listed on page 4 excludes the non-cash impairment charges recorded during the year and is a no
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