CONCORD, Calif., Jun 26, 2006 (BUSINESS WIRE) -- Pacer International (Nasdaq:PACR), the North America
freight transportation and logistics provider, has been honored by the
J.C. Penney Company, Inc., as "Supply Chain Provider of the Year" --
the retailer's top corporate award for a third-party logistics
supplier.
In presenting the award, Jim LaBounty, senior vice president and
director of supply chain for JCPenney, said Pacer's excellent
logistics performance has helped to ensure the reliability of
JCPenney's supply-chain. "This is a strategic asset to us as we move
forward in executing our long-range growth plans, which center on
anticipating the needs and wants of our customers and being a leader
in performance and execution," he said.
JCPenney, based in Plano, Texas, had sales of $18.8 billion in
2005. The company operates more than 1,000 department stores, the
nation's largest general merchandise catalog business, and jcp.com,
the leading web site for apparel and home merchandise.
"Pacer supports the entire distribution process for JCPenney's
imported Asian products as they enter the Los Angeles-Long Beach
gateway and move into the North America marketplace," said Jeffrey
Brashares, Pacer's vice chairman for Commercial Sales, based in
Dublin, Ohio.
LaBounty said Pacer was recognized for its outstanding performance
in six key categories: dependability as a strategic partner;
flexibility in dealing with shifting conditions and priorities; a
sense of urgency in responding to JCPenney requests; the breadth of
Pacer's support capabilities; Pacer's effectiveness during the 2005
peak shipping season; and excellence of execution.
He also said Pacer has provided valuable support to JCPenney in
planning responses to the challenge of infrastructure congestion and
in helping improve distribution strategies.
Kent Prokop, president of Pacer Distribution Services, a Pacer
unit based in the Los Angeles area, noted that the Pacer organization
provides a wide range of services for JCPenney, drawing upon the
capabilities of multiple Pacer business units. "These services include
harbor drayage, container freight station and airfreight pickup,
domestic vendor pick-up, consolidation, warehousing and cross-dock
work, and transportation to many of JCPenney's distribution centers
using intermodal, highway and rail modes," he said.
Prokop noted that Pacer's relationship with JCPenney dates back
about 30 years and has grown steadily over the years.
ABOUT PACER INTERNATIONAL -- Pacer International, a leading
non-asset based North America third-party logistics and freight
transportation provider, offers a broad array of logistics and other
services through its subsidiaries and divisions to facilitate the
movement of freight from origin to destination. Its wholesale services
include Stacktrain (cost-efficient, two-tiered rail transportation for
containerized shipments) and cartage (local trucking) services; and
its retail services include intermodal marketing, truck brokerage,
trucking services, warehousing and distribution, international freight
forwarding, and supply-chain management services. Pacer International
is headquartered in Concord, California. Its principal business units,
Pacer Stacktrain and Pacer Global Logistics, are headquartered in
Concord, CA and in Dublin, OH, respectively. Web site:
www.pacer-international.com.
SOURCE: Pacer International
Pacer International
Larry Yarberry, CFO, 925-887-1577 (Investors)
925-890-9245 (Cell)
lyarberry@pacerintl.com
or
Potash and Company
Steve Potash, 510-865-0800 (Media)
steve@potashco.com