YRC Worldwide Commences Debt for Equity Exchange Offer

- Major Step in Company's Comprehensive Plan

Overland Park, Kan., Nov. 9 /PRNewswire-FirstCall/ -- YRC Worldwide Inc.
(Nasdaq: YRCW) announced that it is commencing an exchange offer today for all
of the following outstanding series of notes:

-- the company's 5.0% Net Share Settled Contingent Convertible Senior
Notes
and 5.0% Contingent Convertible Senior Notes due 2023,
-- the company's 3.375% Net Share Settled Contingent Convertible Senior
Notes and 3.375% Contingent Convertible Senior Notes due 2023, and

-- the 8 1/2% Guaranteed Notes due April 15, 2010 of the company's wholly
owned subsidiary, YRC Regional Transportation, Inc.

with an aggregate face value of approximately $536.8 million, plus accrued and
unpaid interest. The debt instruments will be exchanged for shares of the
company's common stock and new Class A Convertible Preferred Stock in such
amounts as are set forth in the company's Registration Statement on Form S-4
filed today with the Securities and Exchange Commission (the "SEC"), which
together on an as-if converted basis would represent approximately 95% of the
company's issued and outstanding common stock. This exchange is intended to
improve the company's capital structure, decrease its cash interest expense,
and enhance its nearterm liquidity.

The company said that the exchange offer, which was commenced following
several months of ongoing, active dialogue with representatives of the
noteholders, will, if successful, place the company on a more solid financial
base and, in concert with other steps taken over the recent past to improve
its operations and cost structure, will make it more competitive and position
it to take advantage of any upturn in the economy.

To validly tender their notes, the participating noteholders will be required
to become party to a mutual release with the company and consent to an
amendment of the terms of the notes that would remove substantially all of the
material covenants other than the obligation to pay principal and interest on
the notes and those relating to the conversions rights of convertible notes,
and eliminate or modify the related events of default.

The exchange offer will expire at 11:59 p.m., New York City time, on December
7, 2009, unless extended by the company. Rothschild, Inc. and Moelis &
Company LLC are acting as lead dealer managers in connection with the exchange
offer. Holders of the notes may contact Rothschild at (800) 753-5151 (U.S.
toll-free) or collect at (212) 403-3716 and Moelis at (866) 270-6586 (U.S.
toll-free) or collect at (212) 883-3813 with any questions they may have
regarding the exchange offer.

Important Information about the Exchange Offer
This release is for informational purposes only and is not an offer to buy or
the solicitation of an offer to sell any security. An exchange offer will
only be made by means of a prospectus, a letter of transmittal and other offer
documents, as described below.

In connection with the commencement of this Exchange Offer by YRC Worldwide
Inc., the company filed today with the SEC a registration statement on Form
S-4 (which contains a preliminary prospectus), a tender offer statement on
Schedule TO and other related documents and materials. Investors and security
holders are strongly urged to carefully review the registration statement, the
preliminary prospectus, the tender offer statement and the other related
documents and materials filed with the SEC, including the final prospectus
described below, when available, as well as any amendments and supplements
thereto because they will contain important information about the company, the
exchange offer and related transactions and are the sole means by which any
offer to exchange or sell, or any solicitation of any such offers, will be
made.

The registration statement contains a preliminary prospectus and related
transmittal materials that are being delivered today to holders of the
convertible notes. Investors and security holders may obtain a free copy of
the registration statement, preliminary prospectus and transmittal materials,
as well as other documents filed by the company with the SEC, at the SEC's
website, www.sec.gov. Prior to the completion of the Exchange Offer, the
registration statement must become effective under the securities laws, and
after effectiveness, the company will file with the SEC the final prospectus.
Investors and security holders are strongly urged to carefully review the
final prospectus when it is available. Free copies of the company's filings
with the SEC have been made available on the company's website, www.yrcw.com,
or may be obtained by making a request to YRC Worldwide Inc., 10990 Roe
Avenue, Overland Park, Kansas 66211, (913) 696-6100, Attention: Dan Churay,
Executive Vice President, General Counsel and Secretary.

Forward-Looking Statements:
This news release contains forward-looking statements. The word "will" and
similar expressions are intended to identify forward-looking statements. It
is important to note that any exchange will be subject to a number of
significant conditions, including, among other things, that holders of a
specific percentage of the outstanding notes participate in the exchange
offer. We cannot provide you with any assurances that such conditions to the
exchange offer will be satisfied. In addition, even if an exchange offer is
completed, the company's future results could differ materially from any
results projected in such forward-looking statements because of a number of
factors, including (among others) inflation, inclement weather, price and
availability of fuel, sudden changes in the cost of fuel or the index upon
which the company bases its fuel surcharge, competitor pricing activity,
expense volatility, including (without limitation) expense volatility due to
changes in rail service or pricing for rail service, ability to capture cost
reductions, changes in equity and debt markets, a downturn in general or
regional economic activity, effects of a terrorist attack, labor relations,
including (without limitation), the impact of work rules, work stoppages,
strikes or other disruptions, any obligations to multi-employer health,
welfare and pension plans, wage requirements and employee satisfaction, and
the risk factors that are from time to time included in the company's reports
filed with the SEC, including the company's Annual Report on Form 10-K for the
year ended December 31, 2008.

YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park,
Kan., is one of the largest transportation service providers in the world and
the holding company for a portfolio of successful brands including YRC, YRC
Reimer, YRC Glen Moore, YRC Logistics, New Penn, Holland and Reddaway. YRC
Worldwide has the largest, most comprehensive network in North America with
local, regional, national and international capabilities. Through its team of
experienced service professionals, YRC Worldwide offers industry-leading
expertise in heavyweight shipments and flexible supply chain solutions,
ensuring customers can ship industrial, commercial and retail goods with
confidence. Please visit yrcw.com for more information.

Investor Contact: Paul Liljegren
YRC Worldwide Inc.
913.696.6108
Paul.Liljegren@yrcw.com

Media Contact: Suzanne Dawson
Linden Alschuler & Kaplan
212.329.1420
sdawson@lakpr.com

SOURCE YRC Worldwide

Investors, Paul Liljegren of YRC Worldwide Inc., +1-913-696-6108,
Paul.Liljegren@yrcw.com, Media; Suzanne Dawson of Linden Alschuler & Kaplan,
+1-212-329-1420, sdawson@lakpr.com