Exhibit 99.1
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| 10990 Roe Avenue |
| Overland Park, KS 66211 |
| Phone 913 696 6108 Fax 913 696 6116 |
News Release |
YRC Worldwide ProvidesQuarter-To-Date Operating Data for Second Quarter 2019
OVERLAND PARK, Kan., June 10, 2019 — YRC Worldwide Inc. (NASDAQ: YRCW) reported certain operating metrics for the first two months of second quarter 2019.
At YRC Freight, April 2019 less-than-truckload (LTL) tonnage per day decreased approximately 5.5% compared to April 2018 and May 2019 LTL tonnage per day decreased approximately 7.6% compared to May 2018.Quarter-to-date through May 2019, LTL revenue per hundredweight increased approximately 4.8% compared to a year ago. LTL revenue per shipment increased approximately 3.3%quarter-to-date through May 2019, compared to the same period last year.
At the Regional segment, April 2019 LTL tonnage per day decreased approximately 5.3% compared to April 2018 and May 2019 LTL tonnage per day decreased approximately 5.9% compared to May 2018.Quarter-to-date through May 2019, LTL revenue per hundredweight increased approximately 2.4% compared to a year ago. LTL revenue per shipment increased approximately 2.4%quarter-to-date through May 2019, compared to the same period last year.
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Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Words such as “will,” “expect,” “intend,” “anticipate,” “believe,” “could,” “would,” “should,” “may,” “project,” “forecast,” “propose,” “plan,” “designed,” “enable,” and similar expressions which speak only as of the date the statement was made are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, are based upon current beliefs, assumptions and expectations of Company management and current market conditions, and are subject to significant business, economic, competitive, regulatory and other risks, uncertainties and contingencies, known and unknown, many of which are beyond our control. Our future financial condition and results could differ materially from those predicted in such forward-looking statements because of a number of factors, including (without limitation general economic factors, including (without limitation) customer demand in the retail and manufacturing sectors; business risks and increasing costs associated with the transportation industry, including increasing equipment, operational and technology costs and disruption from natural disasters; competition and competitive pressure on pricing; the risk of labor disruptions or stoppages, if our relationship with our employees and unions were to deteriorate; increasing pension expense and funding obligations, subject to interest rate volatility; increasing costs relating to our self-insurance claims expenses; our ability to finance the maintenance, acquisition and replacement of revenue equipment and other necessary capital expenditures; our ability to comply and the cost of compliance with, or liability resulting from violation of, federal, state, local and foreign laws and regulations, including (without limitation) labor laws and laws and regulations regarding the environment; impediments to our operations and business resulting from anti-terrorism measures; the impact of claims and litigation expense to which we are or may become exposed; failure to realize the expected benefits and costs savings from our performance and operational improvement initiatives; our ability to attract and retain qualified drivers and increasing costs of driver compensation; a significant privacy breach or IT system disruption; risks of operating in foreign countries; our dependence on key employees; seasonality; shortages of fuel and changes in the cost of fuel or the index upon which we base our fuel surcharge and the effectiveness of our fuel surcharge program in protecting us against fuel price volatility; our ability to generate sufficient liquidity to satisfy our cash needs and future cash commitments, including (without
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