SOURCE: World Street Fundamentals

May 20, 2011 09:20 ET

Transportation Slows on Fuel Prices -- Equity Research on YRC Worldwide Inc. and Con-way Inc.

HONG KONG--(Marketwire - May 20, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting YRC Worldwide Inc. (NASDAQ: YRCW) and Con-way Inc. (NYSE: CNW). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

The general trend within the industry in the first quarter of 2011, based on early earnings reports, was a modest increase in prices, excluding fuel surcharges. EBITDA for the group appears to have declined about 2%, on average, versus the first quarter last year, presenting a cautious scenario with primary concerns being higher fuel prices and the initial cost for switching to electronic logbooks. Pricing is also expected to rise further as new safety regulations come into effect, offset by modest organic growth in volumes.

World Street Fundamentals has highlighted YRC Worldwide Inc. for its focus on offering its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics. Its operating subsidiaries include YRC National Transportation, which is a reporting unit for the transportation service providers focused on business opportunities in the regional national and international markets; YRC Regional Transportation is the reporting unit for the transportation service providers focused on business opportunities in the regional markets; YRC Logistics plans and coordinates the movement of goods worldwide to provide customers a single source for logistics management solutions, and YRC Truckload (Truckload) reflects the results of Glen Moore, a provider of truckload services throughout the United States. The entire report on YRC Worldwide Inc. (NASDAQ: YRCW) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Con-way Inc. for its transportation, logistics and supply-chain management services for a range of manufacturing, industrial and retail customers. Con-way's business units operate in regional and transcontinental less-than-truckload (LTL) and full-truckload freight transportation, contract logistics and supply-chain management, multimodal freight brokerage and trailer manufacturing. Con-way operates in five segments: Freight, Logistics, Truckload, Vector and Other. The entire report on Con-way Inc. (NYSE: CNW) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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