YRC Worldwide Establishes Strategic Relationship with Austin Ventures through the Sale of YRC Logistics

-- Completes Initial Closing with Proceeds of $33.6 Million-- YRCW Customers Will Continue to Receive Complementary Logistic Services through Austin VenturesYRC Worldwide Inc. today announced that it completed the initial closing on the previously announced sale of a portion of YRC Logistics. The gross proceeds for the transaction were approximately $38.7 million of which YRC Worldwide received