Joshua Harris Retires From Pacer International's Board of Directors.CONCORD, Calif. -- Pacer International Pacer International NASDAQ: PACR is a U.S. based holding company with operations in non-asset based third-party logistics and intermodal freight transportation services. The company's subsidiary Pacer Stacktrain pioneered the use of "double-stack" rail services. , Inc. (Nasdaq:PACR PACR Pacer International Inc. (stock symbol) PACR Proposed Acceptability for Continuing Registration PACR Professional Accreditation of Conservator-Restorers PACR Piano d'Azione sul Capitale di Rischio ), the North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. logistics and transportation provider, announced the retirement from the board of directors of Joshua Harris, a founding partner of Apollo Management LLP LLP - Lower Layer Protocol , Pacer's equity sponsor and principal shareholder from 1999 to 2004. Don Orris, Pacer's chairman and chief executive officer, extended his appreciation to outgoing director Harris. "Josh Harris remained on the board to facilitate a smooth transition even after the final sale of Apollo's shares in the company in November 2004. We thank him for his many years of advice and counsel that have helped position Pacer for continued growth and leadership in the intermodal and logistics markets," he said. Mr. Harris is leaving the board to devote more time to other business commitments. 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 con·tain·er·ize v.tr. con·tain·er·ized, con·tain·er·iz·ing, con·tain·er·iz·es 1. To package (cargo) in large standardized containers for efficient shipping and handling. 2. shipments) and cartage cart·age n. 1. The act or process of carting. 2. The cost of carting. cartage a fee charged for carting of goods. See also: Dues and Payment Noun 1. (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 sites: www.pacer-international.com, www.pacerstack.com, and www.pacerglobal.com. |
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