Tuesday, September 16, 2008

YRC Worldwide Recognized as Leading IT Innovator

OVERLAND PARK, Kan. – YRC Worldwide Inc. (NASDAQ: YRCW), announced today that it has been named to the 20th Annual InformationWeek 500, a list of the nation’s most innovative users of information technology.

As part of the survey for the ranking, InformationWeek evaluated two technology initiatives that were created and implemented by YRC Worldwide. The first was The Computer Assisted Bill Entry (CABE) system, an inventive approach to handle complex billing issues that transportation providers face. CABE is a predictive program, built on data from previous shipments. CABE will improve bill entry cycle time and quality by reducing the manual data entry required. YRC Worldwide has also applied for a patent on this predictive billing entry process. The second initiative was the redesign of the my.roadway.com website that included a number of innovations, including the ability to display the site in multiple languages without any recoding. The benefits of the redesign were both quantitative and qualitative; with the additional functionality and improved technology, the site is easier for customers to use.

“It is an honor to be recognized by InformationWeek again this year for our innovation in providing technology solutions for the transportation and supply chain industries,” said Michael Rapken, Executive Vice President and Chief Information Officer, YRC Worldwide. “This award is a confirmation of our continued steps to develop and use technology that enables our employees to excel and better serve our customers.”

“For 20 years, the InformationWeek 500 has honored the most innovative users of business technology,” said InformationWeek Editor-in-Chief Rob Preston. “Year after year, InformationWeek 500 companies harness technology to improve efficiency, boost productivity, drive revenue, and establish a competitive advantage. We applaud this year’s winners, and the CIOs and other executives whose ingenuity and risk taking are at the center of business technology innovation.”

InformationWeek has identified and honored the nation's most innovative users of information technology with its annual listing, now in its 20th year, and has tracked the technology, strategies, investments and administrative practices of America’s best-known companies. The list is unique among corporate rankings because it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.