Yellow-USF deal closes

May 25, 2005
Yellow Roadway announced yesterday it has completed its $1.5-billion acquisition of USF Corp.

Yellow Roadway announced yesterday it has completed its $1.5-billion acquisition of USF Corp. The USF companies will be combined with New Penn Motor Express to form YRC Regional Transportation. Former Roadway president Jim Staley will head the new company.

“The acquisition of USF further confirms our position as a leading provider of global transportation services,” said Bill Zollars, chairman, president & CEO of Yellow Roadway. “By adding the USF companies to our portfolio we have immediate and nationwide scale in the next-day and regional markets, which are among the fastest growing transportation segments.”

See Yellow to buy USF.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry during this informative webinar, where experts will share insights on competitive...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!