Combined Logistics USA Moves into New Premises.

NASSAU, BAHAMAS--(BUSINESS WIRE)--Feb. 18, 1998--Combined Logistics International Ltd. (CANADIAN DEALING NETWORK:CLOG.)

Company positions itself to service growth opportunities in the Americas marketplace

Combined Logistics International Ltd., is pleased to announce the relocation of its wholly owned subsidiary, Combined Logistics (USA) Inc. and the expansion of its Miami operations.

On February 9, 1998, the Seattle, Washington based, corporate head office of Combined Logistics (USA) Inc. relocated to 7800 NW 25th Street in Miami, Florida which is also the new home of the Company's Miami operations. The Seattle operations will remain.

"This is a proud moment for us," said Chairman and CEO, Paul Newcombe. "Our recent public listing on the Canadian Dealing Network in Toronto, Canada, our company growth, coupled with this expansion and relocation, illustrate our commitment to our customers and shareholders."

The Miami expansion is the first of several new dedicated logistics centres planned in strategic locations throughout the world over the next 5 years to improve the Company's global standing in the transportation and logistics industry.

The new warehouse and corporate centre houses both the logistics centre and the USA headquarters. This modern premises is ideally situated near Miami International Airport, US Customs, Miami Free Zone and the Expressway for quick access to downtown and the Port of Miami. The site also has extensive state of the art security and technology systems in place.

However, the size and customer-focused features of the new 100,000 sq./ft logistics centre is impressive and mostly unmatched by the majority of the Company's bigger competitors. The 92,000 sq./ft warehouse has 52 receiving doors, is fully bonded (CFS and UL certified) and has multiple services which include: freight forwarding, warehousing and distribution, inventory control, pick and pack, light assembly and repair. The new 13,000 sq./ft corporate centre includes the USA headquarters, Miami operations, administration, accounting, risk management and the information technology group. Customers can take advantage of the many value-added services of the warehouse and administration centre that have improved our efficiency and our customer benefits.

To effectively serve the USA, Latin America and Caribbean markets, Combined Logistics forged ahead with these important changes. "Our strategy was to plan and layout a cost-effective facility to suit the various needs of the company and clients," explains Eduardo Lopes, CEO, Combined Logistics (USA) Inc. and Group Sr. Vice President,

The Americas. "Another goal was to incorporate a strategy which would allow us to maintain and capture major market share by providing customers with a full range of logistics services through Miami, a major gateway to those markets," said Lopes. Combined's Latin American offices are located in Argentina, Brazil, Chile, Columbia, Costa Rica, Mexico and Venezuela.

The on-going privatization process in Latin America affects the transportation and logistics business and demand for those services will continually increase the Company's current market share. "It is expected that there will be considerable growth of North bound exports in Latin America in semi-finished or finished products and Combined Logistics will be there to serve those needs, using the Miami hub to distribute the various cargo," said Chairman, Paul Newcombe.

Management appointments and changes in the USA subsidiary, effective since January 1998, reflect the Company's progressive plans for the Americas marketplace.

Combined Logistics International Ltd. is a global freight forwarder and transportation logistics provider, specializing in the movement of goods, door to door, locally or globally for individuals, small businesses or large corporations. Some of our more than 10,000 customers are house-hold names, including multi-national companies that specialize in hi-tech, mail-order, clothing, computers, manufacturing and automobiles, just to name a few. These companies and other clients have continually experienced a high quality of service from Combined, dealt with experienced and professional personnel (many of whom are multi-lingual to better serve the different clientele and markets) and have made use of the Company's different types of available services. The Corporation has over 70 offices in 25 countries and employs more than 1100 people globally. Annual revenues continue to grow and currently exceed US$200 million.

Contact information for Combined Logistics (USA) Inc. headquarters and the Miami office will be: telephone [phone]; fax [phone]; mail: 7800 NW 25th Street, Miami, Florida, 33122, USA.

CONTACT: Combined Logistics (USA) Inc., Miami Florida

Eduardo Lopes, 305/591-9775

305/477-9955 (FAX)