YRC Worldwide Inc (YRCW)

[califax]

Exhibiting Optimism

http://insight.yrcw.com/exhibiting_optimism.html



When business picks up, tradeshows pick up. And business is picking up.

Phil Gaines, chief financial officer of YRC and senior vice president-finance for YRC Worldwide, spoke to the Exhibition Services and Contract Association (ESCA) recently, and provided some encouraging economic news.

"While the economic decline was particularly difficult for the tradeshow and events industry, with fewer attendees and exhibitors and the consolidation of some shows, the industry appears to be on the mend now," Gaines said. "For example, there's noticeable improvement in the big shows."

Gaines said the exhibit industry growth is one more sign that the worst is behind us and recovery is underway.

"We're seeing a number of signs of economic recovery," Gaines said. "If you look at the Institute for Supply Management Manufacturing Index, there's improvement in every category. Industrial production is also trending upward."

With retail inventories remaining low, Gaines told ESCA attendees there's tremendous opportunity in the transportation sector when demand returns with stronger economic growth. Volume is on the rise throughout the industry and at YRC Worldwide brands. For example, tonnage per day for the second quarter was up 11 percent for YRC and up 15.2 percent for our regional brands over the first quarter.

For exhibit shippers, YRC offers proven expertise, with a national tradeshow team of professionals on site at most major shows in North America. The team assists with moves, and takes care of last minute issues that can arise on the exhibit floor. Along with YRC Guaranteed Precision™ and Expedited Precision™ services, exhibit shippers can also tap into our patented Sealed Exhibit™ protection service.

"Almost half of our customers participate in at least one show every year," Gaines said. "Providing the best Exhibit Services in the industry is an important way to consistently deliver confidence to them. We're committed to serving the needs of the exhibit industry and are pleased to offer flexible solutions that help our customers succeed."