YRC Worldwide Sells Interest in Shanghai Jiayu Logistics Co., Ltd.

YRC Worldwide Inc. announced the company has agreed to sell its interest in Shanghai Jiayu Logistics Co., Ltd. to its 35-percent joint venture partner.

"This is another important step in the continuing process to sharpen our focus on North American less-than-truckload (LTL) shipping. Our emphasis on core LTL services has resulted in significant increases in on-time service and our customers