Simply put, the breadth and depth of the enterprise is greater than the name Yellow Roadway conveys. We now operate in over 70 countries around the world, and our services have expanded to encompass logistics as well as global, national and regional transportation. Our new name, YRC Worldwide, better reflects the reality of what our enterprise is today. Our aspirations for the future remain consistent with our core purpose -- making global commerce work by connecting people, places and information.
Despite good revenue growth in all areas of our company, the quarter did not come in where we had planned. Given the first quarter, we have taken aggressive steps to improve our financial performance going forward. The economy still looks healthy, our brands remain strong and our synergy programs are on track.
Although our business levels remain ahead of last year, overall volumes for the quarter are projected to come in below our expectations across all of our asset-based business units. In addition to general competitive pressure, some of our large retail customers have made significant inventory adjustments in the quarter, which have impacted our business levels.