Yellow | A world of logistics solutions

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YRC Worldwide took another step forward last week, with the completion of the sale of YRC Logistics to Austin Ventures. The move launches MIQ Logistics as a new brand in the marketplace.

YRC Worldwide will retain our two China-based joint ventures and will continue offering complementary logistics solutions through our strategic relationship with Austin Ventures.

YRC Worldwide remains one of the largest intra-China ground transportation service providers. Our proficiency and expertise in China helps us deliver confidence with an array of in-country global logistics solutions, including customs brokerage and value-added services.

While the sale allows us to continue providing you with exceptional logistics solutions, it also enhances our ability to focus on transportation. The transaction provides additional capital, and demonstrates the ongoing support of our stakeholders: Arrangements with our lending group allow us to keep 100 percent of the proceeds from the sale.............

A world of logistics solutions
 
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