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PR Newswire
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YRC Logistics Appoints Eric Friedlander Managing Director for Asia Operations

SHANGHAI, China and OVERLAND PARK, Kan., March 7 /PRNewswire-FirstCall/ -- YRC Logistics, a subsidiary of YRC Worldwide Inc., announced today that Eric Friedlander has been named Managing Director for Asia.

In this role, Mr. Friedlander will be responsible for all aspects of business operations, development, government relations, and financial performance in China and all other countries in the region. He will report to Jim Ritchie, President and CEO of YRC Logistics.

"This is an important part of the future for YRC Logistics," said Jim Ritchie, President and CEO of YRC Logistics. "Eric's experience in the region, language skills, and financial acumen make him well suited to excel in this role."

"Asia is a significant part of the YRCW growth strategy and we have made numerous acquisitions and investments in China and throughout the region over the last three years in support of this strategy including logistics, forwarding, ground transportation and technology," said Friedlander. "Our clients across YRCW have voiced their need for a logistics provider that can offer a full range of services in the Asia region. I am excited that we are able to provide this."

Most recently, Mr. Friedlander served as the Senior Vice President for Asia Development at YRC Logistics and the COO of YRC Logistics Asia. In that role, he was responsible for focusing on China development from a financial and M&A perspective and for the management of all operations in Asia outside of China. This included driving and supporting joint venture development and overall strategic planning and execution. Prior to this role, Mr. Friedlander served as Senior Vice President and Chief Financial Officer for YRC Logistics.

Prior to joining YRC Logistics, he served as Vice President of Finance for Transportation.com. He was named Vice President of Finance at Yellow Corporation, the predecessor company to YRC Worldwide Inc., with responsibility for Yellow Global and new Yellow Transportation services. He has 15 years prior experience with Inter-Maritime Forwarding Co., an international freight forwarder and customs-house broker, including five years in operations management and ten years working as controller, corporate secretary and treasurer.

A Phi Beta Kappa, Mr. Friedlander earned a Bachelor of Arts degree in international relations from the University of California, Davis. He holds a Master of Arts degree in Asian studies from the University of California, Berkeley, where he was awarded a congressional fellowship.

About YRC Logistics

YRC Logistics, a wholly owned subsidiary of YRC Worldwide Inc., is a global logistics company. Based in Overland Park, Kansas, and with offices in North America, Asia, Europe and South America, YRC Logistics enables companies to improve their transportation network and overall supply chain efficiency by offering flexible logistics solutions supported by web-hosted technology and global logistics management capabilities.

About YRC Worldwide Inc.

YRC Worldwide Inc., a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, YRC Logistics, New Penn, USF Holland, USF Reddaway, and USF Glen Moore. The enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally. Headquartered in Overland Park, Kansas, YRC Worldwide employs approximately 60,000 people.

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