News Releases

2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001
11/03/09Pacer International Announces New Arrangements with Union Pacific and Reports Third-Quarter 2009 Results
CONCORD, Calif.--(BUSINESS WIRE)--Nov. 3, 2009-- Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today announced that it has entered into new arrangements with Union Pacific Railroad (UP) that will further accelerate Pacer’s transformation into a fully-integrated, door-to-door intermodal service provider. In addition, Pacer reported today its financial results for the th... 
10/23/09Pacer Slates Third Quarter 2009 Earnings Call and Audio Webcast for November 4, 2009 at 8:00 a.m. ET
CONCORD, Calif.--(BUSINESS WIRE)--Oct. 23, 2009-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and logistics services provider, will hold a live conference call and audio-only webcast for investors, analysts, media and other interested parties at 8:00 a.m. ET on Wednesday, November 4, 2009. Chairman and CEO, Michael E. Uremovich; Brian C. Kane, chief financial officer; and Dan W. Avramovich,... 
08/28/09Pacer International Enters Into Amended and Restated Credit Agreement
CONCORD, Calif.--(BUSINESS WIRE)--Aug. 28, 2009-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and logistics services provider, has successfully entered into an Amended and Restated Credit Agreement (A&R Credit Agreement) with its syndicate of financial institutions led by Bank of America, N.A. “Momentum is building at Pacer. We have streamlined and strengthened our capabilities, improved ou... 
08/20/09Pacer Closes Sale of Its Specialized, Heavy-Haul Trucking Operation
CONCORD, Calif.--(BUSINESS WIRE)--Aug. 20, 2009-- Pacer International, Inc. (Nasdaq:PACR), a leading North American freight transportation and logistics services provider, announced that it has closed the previously-announced sale of certain assets of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services, Inc. (UTSI) on August 17, 2009. In connection with the transaction, subsidiaries of UTSI assumed the real p... 
08/05/09Pacer International Reports Second Quarter 2009 Results
CONCORD, Calif. --(BUSINESS WIRE)--Aug. 5, 2009-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and logistics services provider, today reported financial results for the three- and six-month periods ended June 30, 2009 . SECOND QUARTER RESULTS Revenues decreased $139.9 million to $376.7 million compared to $516.6 million for the quarter ended June 27, 2008 . Income from operations declined $... 
07/29/09Pacer Slates Second Quarter 2009 Conference Call and Audio Webcast for August 5, 2009 at 5:00 p.m. ET
CONCORD, Calif.--(BUSINESS WIRE)--Jul. 29, 2009-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and logistics services provider, will hold a live conference call and audio-only Webcast for investors, analysts, media and other interested parties at 5:00 p.m. ET on Wednesday, August 5, 2009. Chairman and CEO, Michael E. Uremovich; Brian C. Kane, Chief Financial Officer; and Dan W. Avramovich,... 
07/27/09Pacer Enters Agreement to Sell Assets of Its Specialized, Heavy-Haul Trucking Operation
CONCORD, Calif.--(BUSINESS WIRE)--Jul. 27, 2009-- Pacer International, Inc. (Nasdaq:PACR), the North American freight transportation and logistics services provider, announced that it has entered into an agreement with Universal Truckload Services, Inc. and UTS Leasing, Inc. (collectively, “UTSI”) to sell certain assets. These assets include customer, contractor and agent lists, and owned trailers of Pacer Transport, its specialized heavy... 
07/01/09Pacer Enters First Amendment and Waiver to Its Credit Agreement
CONCORD, Calif.--(BUSINESS WIRE)--Jul. 1, 2009-- Pacer International, Inc. (Nasdaq: PACR), the North American freight transportation and logistics services provider, announced that it has successfully entered into a First Amendment and Waiver of its 2007 Credit Agreement with its syndicate of financial institutions led by Bank of America, N.A. The amendments to the credit facility include, among other things, a waiver of compliance wit... 
06/02/09Pacer Announces Appointment of Experienced Executive Dennis Chantland to Board of Directors
CONCORD, Calif.--(BUSINESS WIRE)--Jun. 2, 2009-- Pacer International, Inc. (NASDAQ: PACR), a leading North American freight transportation and logistics services provider, has announced the appointment of Dennis Chantland to the board of directors, effective June 1, 2009. Chantland’s career includes working in various senior executive roles with Fortune 500 companies. “Dennis’ four decades of shipper experience, as well as his strong o... 
05/15/09Pacer International to Present at Wolfe Research Global Transportation Conference
CONCORD, Calif.--(BUSINESS WIRE)--May. 15, 2009-- Pacer International, Inc. (NASDAQ: PACR), a leading North American freight transportation and logistics services provider, will present a business overview of Pacer and comment on the company’s latest financial results at an upcoming conference in New York City. The conference will include panel discussions on transportation issues and trends in today’s marketplace. Pacer will participate on t... 
05/08/09Pacer International to Present at Robert W. Baird & Co. Growth Stock Conference
CONCORD, Calif.--(BUSINESS WIRE)--May. 8, 2009-- Pacer International, Inc. (NASDAQ: PACR), a leading North American logistics and freight transportation provider, will present a business overview of Pacer and comment on the company’s latest financial results at an upcoming conference in Chicago. Robert W. Baird & Co. Growth Stock Conference T... 
05/06/09Pacer International Reports First Quarter 2009 Results
CONCORD, Calif.--(BUSINESS WIRE)--May. 6, 2009-- Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today reported financial results for the three-month period ended March 31, 2009. FIRST QUARTER RESULTS Revenues for the quarter ended March 31, 2009 decreased $144.2 million to $358.6 million compared to $502.8 million for the quarter ended April 4, 20... 
05/05/09Pacer Announces Changes to Organization
Key Executive Appointments Strengthen and Streamline Core Business Focus CONCORD, Calif.--(BUSINESS WIRE)--May. 5, 2009-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and logistics provider, announced several key executive changes that will further focus on Pacer’s core door-to-door intermodal and trucking services, while streamlining its organization. “After two very challenging quarters for our industr... 
05/01/09Pacer Slates First Quarter 2009 Conference Call and Audio Webcast for May 7, 2009 at 8:00 A.M. ET
CONCORD, Calif.--(BUSINESS WIRE)--May. 1, 2009-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and logistics provider, will hold a live conference call and audio-only Webcast for investors, analysts, media and other interested parties at 8:00 a.m. ET on Thursday, May 7, 2009. Chairman and CEO, Michael E. Uremovich and Brian C. Kane, Chief Financial Officer will discuss the company's first quarter re... 
02/20/09Pacer Appoints Transportation and Financial Executive Robert J. Grassi to Board of Directors
CONCORD, Calif.--(BUSINESS WIRE)--Feb. 20, 2009-- Pacer International, Inc., a leading North American freight transportation and logistics provider, announced the appointment of Robert J. Grassi, 62, to the board of directors effective March 1, 2009. Grassi is a transportation industry veteran with experience as a top management executive and corporate officer. He retired as president and CEO of CSX World Terminals in 2003, and is now a consultant, p... 
02/11/09Pacer International Reports Annual and Fourth Quarter 2008 Results
CONCORD, Calif.--(BUSINESS WIRE)--Feb. 11, 2009-- Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today reported financial results for the annual and three-month period ended December 26, 2008. FOURTH QUARTER RESULTS Revenues for the quarter ended December 26, 2008 decreased $36.5 million to $503.7 million compared to $540.2 million for the quarter... 
01/21/09Pacer Slates Fourth Quarter and Year 2008 Conference Call and Audio Webcast for February 11, 2009 at 5:00 p.m. ET
CONCORD, Calif.--(BUSINESS WIRE)--Jan. 21, 2009--Pacer, a leading North American freight transportation and logistics provider, will hold a live conference call and audio-only Webcast for investors, analysts, media and other interested parties at 5:00 p.m. ET on Wednesday, February 11, 2009. Chairman and CEO, Michael E. Uremovich, as well as Brian C. Kane, Chief Financial Officer and Joseph B. Doherty, Executive Vice President, Investor Rel... 
01/12/09CORRECTING and REPLACING Pacer Appoints James K. Commiskey as VP,Business Development-Automotive for its Pacer Stacktrain Unit
CONCORD, Calif., Jan 12, 2009 (BUSINESS WIRE) -- Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: PACER APPOINTS JAMES K. COMMISKEY AS VP, BUSINESS DEVELOPMENT-AUTOMOTIVE FOR ITS PACER STACKTRAIN UNIT Pacer International, Inc., a leading North American freight transportation and logistics provider, announced the appointment of James K. Commiskey as Vice President, Business Development-Au... 
01/12/09Pacer Appoints James K. Commiskey as VP, Business Development-Automotive for its Pacer Stacktrain Unit
CONCORD, Calif.--(BUSINESS WIRE)--Jan. 12, 2009--Pacer International, Inc., a leading North American freight transportation and logistics provider, announced the appointment of James K. Commiskey as Vice President, Business Development-Automotive, for its Pacer Stacktrain unit. In his role, Commiskey is responsible for sales and coordinating the marketing effort for Pacer's wholesale automotive product. He will report directly to Adriene Bailey, President ...