Pacer International Named to Forbes List of "Best Big Companies in America" for 2007.-- Intermodal and Logistics Provider Listed for 3rd Consecutive Year -- 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 logistics and intermodal freight transportation provider, has been named for the third consecutive year to the Forbes Platinum 400 list, known as the "Best Big Companies in America." Pacer was among the 17 companies selected from the transportation sector and showed a five-year total return of 15.6 percent. With gross revenues in 2005 of $1.86 billion, the company accounts for 20 percent of all domestic intermodal container moves in North America, and is also the largest single provider of intermodal container services between the U.S. and Mexico. To compile the list, Forbes said it screened more than 1,000 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. with $1 billion or more in revenues in 26 industries. The magazine was looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. high rankings in corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. as well as long- and short-term sales and earnings growth and stock market performance. The top 400 companies made the list. Mike Uremovich, Pacer's chairman and chief executive officer, commented: "While the Forbes listing is based chiefly on Pacer's financial performance, we especially welcome it because consistently strong financial performance also reflects a company's ability to consistently satisfy its customers. "We believe being selected repeatedly for the list also validates our corporate strategy of offering a full portfolio of intermodal and logistics services, while at the same time providing integrated supply-chain solutions for customers that require such support," added Uremovich. ABOUT PACER INTERNATIONAL -- Pacer International, a leading non-asset based North America third-party logistics and freight transportation provider, through its Intermodal and Logistics operating segments, offers a broad array of services to facilitate the movement of freight from origin to destination. The Intermodal segment offers wholesale services provided by Pacer 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 Pacer 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), as well as retail services through its Rail Brokerage group (intermodal marketing). The Logistics segment provides retail truck brokerage, trucking, warehousing and distribution, international freight forwarding, and supply-chain management services. Pacer International is headquartered in Concord, California. Its Intermodal and Logistics operating segments are headquartered in Concord, California, and in Dublin, Ohio, respectively. Web site: www.pacer-international.com. NOTE TO EDITORS: Additional details about the Forbes list can be found at http://www.forbes.com/lists/2007/88/ biz_07platinum _The-400-Best-Big-Companies_land.html (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) |
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