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Business Description
Yellow Roadway Corporation offers its customers a range of asset-based and non-asset-based transportation services through wholly owned operating subsidiaries. Yellow Technologies, Inc., a captive corporate resource, offers technology solutions and services exclusively for Yellow Roadway companies. Its subsidiaries are Yellow Transportation, Inc., Roadway Express, Inc., New Penn and Meridian IQ, Inc., all of which are Yellow Roadway Corporation's subsidiaries, as well. Yellow Transportation offers services for the movement of industrial, commercial and retail goods. Roadway Express offers long-haul, interregional and regional less-than-truckload (LTL) freight services on two-day and beyond lanes. New Penn is a regional, next-day, ground LTL carrier of general commodities. Meridian IQ is a non-asset global transportation management company that plans and coordinates the movement of goods worldwide to provide customers a single source for transportation management solutions.

Financial Information
For the nine months ended 9/30/04, revenues totaled $4.99 billion, up from $2.17 billion. Net income totaled $121 million, up from $41.4 million. Revenues reflect improved economic conditions and increased penetration in premium services. Net income also reflects improved operating margins.