BOSTON, Aug 19 (Reuters) - No. 1 U.S. trucking company YRC Worldwide Inc said it is buying Shanghai Jiayu Logistics Co, one of China's largest trucking companies.
YRC said on Tuesday it paid $44.7 million for a 65 percent stake in the Chinese hauler, and expects to buy the rest of the company by 2010 for up to $39 million. (Reporting by Scott Malone)
http://www.reuters.com/article/marketsNews/idUSWNAB769820080819