YRC Worldwide Ranks Number 66 on FORTUNE's Annual List of the 100 Fastest- Growing Companies
Posted on: Wednesday, 13 September 2006, 12:00 CDT
OVERLAND PARK, Kan., Sept. 13 /PRNewswire-FirstCall/ -- YRC Worldwide , one of the largest transportation service providers in the world, has been ranked number 66 on FORTUNE's annual list of the 100 Fastest- Growing Companies for 2006.
"We are pleased to receive this recognition from FORTUNE magazine," said Bill Zollars, chairman, president and CEO of YRC Worldwide. "Through our successful acquisitions of Roadway and USF we have focused on enhanced scale, complementary service offerings and significant cost synergies. We continue to build our brands and our international, national and regional capabilities to provide seamless, end-to-end global transportation solutions to our customers."
The list is comprised of companies with the strongest three-year sales, profit and stock growth. To qualify for this year's listing, a company must be incorporated in the U.S., have a minimum market capitalization of $250 million, have a stock price of at least $5.00, have been trading continuously since June 30, 2003, have revenue and net income for the four quarters ended on or before March 31, 2006 of at least $50 million and $10 million respectively, and have posted a compound annual growth in revenue and earnings per share of at least 25% annually over the three years ended on or before March 31, 2006. All companies that meet these criteria are ranked by their revenue growth rate, their EPS growth rate and their three-year annualized total return to investors for the period ended June 30, 2006.
FORTUNE's annual list of the 100 Fastest-Growing Companies will appear in the September 18, 2006 issue.
About YRC Worldwide
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 Yellow Transportation, Roadway, Reimer Express, Meridian IQ, New Penn, USF Holland, USF Reddaway, USF Bestway and USF Glen Moore. 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 70,000 people.
YRC Worldwide
CONTACT: Suzanne Dawson of Linden Alschuler & Kaplan, +1-212-329-1420,or sdawson@lakpr.com
Web site: http://www.yrcw.com/
Source: PRNewswire-FirstCall
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