Corp. on Pacer International's Board of Directors
CONCORD, Calif.--(BUSINESS WIRE)--Jan. 18, 2005
Pacer International, Inc. (Nasdaq:PACR), the North
America logistics and transportation provider, has appointed Andrew C.
Clarke, chief financial officer and senior vice president of Forward
Air Corporation (Nasdaq:FWRD), to its Board of Directors effective
January 31, 2005.
His appointment follows the resignation from Pacer's board of John
Tague, executive vice president for Sales, Marketing and Revenue, UAL
Corp. (OTCBB:UALAQ), the parent of United Air Lines. Tague will
step down on January 31 due to his increasing commitments at UAL Corp.
and other responsibilities.
Clarke, who also serves as the treasurer and a director of Forward
Air, will succeed Tague as chairman of Pacer's Audit Committee. Prior
to joining Forward Air in 2000, Clarke was an investment banker with
Deutsche Banc Alex. Brown in the Global Transportation Group. Clarke
received his MBA from the Graduate School of Business at the
University of Chicago and his BSBA from the John M. Olin School of
Business at Washington University in St. Louis.
Don Orris, Pacer's chairman and chief executive officer, said, "We
deeply appreciate the sound advice and support of John Tague, who
joined our board in September 2002." Orris added: "We are fortunate to
be able to replace Mr. Tague with Andrew Clarke, who will bring strong
financial and accounting skills to Pacer's board, as well as
substantial expertise in the field of freight logistics."
Forward Air is a high-service contractor to the air cargo industry
providing time-definite ground transportation services as a
cost-effective alternative to air transportation of cargo that must be
delivered at a specific time but is relatively less time-sensitive
than traditional airfreight.
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,
truck 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
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