YRC Worldwide to Begin Discussions with Teamsters to Seek Modifications to Labor...

YRC Worldwide to Begin Discussions with Teamsters to Seek Modifications to
Labor Contract

OVERLAND PARK, Kan., June 24 /PRNewswire-FirstCall/ -- YRC Worldwide Inc.
(Nasdaq: YRCW) announced today that it will begin discussions with the
International Brotherhood of Teamsters ("IBT") to seek to modify the terms of
the current labor agreement for its employees covered by the National Master
Freight Agreement. These discussions will address alternatives to help to
reduce the company's cost structure and preserve operating capital going
forward.

Bill Zollars, Chairman, President and CEO of YRC Worldwide, said, "Entering
into discussions with the Teamsters is another important step in our overall
plan to strengthen our financial position during this difficult economic
climate. We have made progress with various stakeholders, including our
pension plan trustees and our bank lending group, to modify agreements, and we
are grateful to the Teamsters for their willingness to consider further
adjustments to our contracts to help reduce our cost structure and enable us
to be competitive with others in our industry."

YRC Worldwide recently announced an agreement with Central States, Southeast
and Southwest Areas Pension Fund ("Central States"), the largest of the
company's IBT multi-employer defined benefit pension funds, to provide certain
of the company's real estate as collateral in lieu of pension contribution
payments during the second quarter. The company also announced an amendment
to its bank agreement, which provides for the immediate release of escrow
funds generated from the company's prior real estate transactions to pay down
the revolving credit facility without reducing the company's borrowing
availability under the facility.

YRC Worldwide Inc., a Fortune 500 company and one of the largest
transportation service providers in the world, is the holding company for a
portfolio of successful brands including YRC, YRC Reimer, YRC Logistics, New
Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its
heritage brands, Yellow Transportation and Roadway, the enterprise provides
global transportation services, transportation management solutions and
logistics management. The portfolio of brands represents a comprehensive array
of services for the shipment of industrial, commercial and retail goods
domestically and internationally. Headquartered in Overland Park, Kansas, YRC
Worldwide employs approximately 49,000 people.

SOURCE YRC Worldwide Inc.

Investor Contact: Sheila Taylor, YRC Worldwide Inc., +1-913-696-6108,
sheila.taylor@yrcw.com, Media Contact: Suzanne Dawson, Linden Alschuler &
Kaplan, +1-212-329-1420, sdawson@lakpr.com