Fitch rates Yellow Roadway senior unsecured debt, loan BBB-

Fitch Ratings said it assigned Yellow Roadway Corp. a senior unsecured debt rating of BBB-.

Fitch also assigned a rating of BBB- to Yellow Roadway's $500 million unsecured revolving credit facility that expires in 2009. The outlook is stable.

The ratings reflect the company's relatively strong competitive position, operating profile and cash flow potential subsequent to its planned acquisition of USFC, which the company anticipates closing on May 24.

Fitch said the acquisition will solidify Yellow Roadway's position as the largest less-than-truckload carrier in the United States, with a broad product offering of national and regional shipping services.

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