YRC to Shed More Terminals

February 6, 2009: In a conference call on February 2 with stock analysts and investors, YRCW CEO Bill Zollars stated that more terminals will be closed following the merger now in progress.

"I think that the 450 [terminals] is probably not the end game,” Zollars stated. “We have plans on the books to take that down as we continue to optimize the network… It’s a big opportunity to improve efficiency but we’re not going to quit when we get to the 450.” Zollars predicted YRC will end up with about 400 terminals.

Hopefully the Teamster leadership will insist that the disruptions to Teamsters’ jobs and seniority will be minimized in the changes to come.

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