OVERLAND PARK, Kan., September 15, 2009 – YRC Worldwide Inc. (NASDAQ: YRCW) announced today that the company has ranked 62 on the 2009 InformationWeek 500, an annual listing of the nation’s most innovative users of business technology. The 2009 InformationWeek 500 companies were revealed on September 14, 2009 at an awards ceremony held during the InformationWeek 500 Conference at the St. Regis Monarch Beach Resort in Dana Point, California.
“This award is an affirmation of our continued steps to develop and advance technology that enables our employees to excel and better service our customers,” said Mike Naatz, Chief Information Officer, YRC Worldwide. “It is a pleasure and honor to be acknowledged by InformationWeek again this year for our continual innovation in providing technology solutions for the transportation and supply chain industries.”
YRC Worldwide Technologies was recognized by InformationWeek for its new application, the Pricing and Activity Management System (PAMS). YRC Worldwide IT, Pricing and Sales teams collaborated to develop this ground-breaking new application. YRC Worldwide was determined to cut the waiting time for customers requesting a pricing bid. YRC Worldwide wanted to retire the legacy systems used by Roadway and Yellow (now YRC). With PAMS, YRC has the ability to respond to bid requests promptly, with customized pricing agreements. In its first four months of full deployment, PAMS drove a reduction of 25% in the closure rate of pricing requests. YRC now completes most simple pricing requests in a day.
“For over 20 years, the InformationWeek 500 has honored the most innovative users of business technology,” saidInformationWeek 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 identifies and honors the nation's most innovative users of information technology with its annual 500 listing, now in its 21st year, and also tracks the technology, strategies, investments and administrative practices of America’s best-known companies. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.
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 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. The company is headquartered in Overland Park, Kan.
