Pacer International (PACR)

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Pacer International News Release

A Collection of Pacer International News Release

Pacer International Announces New Agreement with CSX
Tuesday May 8th 2012 08:10:57 AM

DUBLIN, Ohio, May 08, 2012 (BUSINESS WIRE) --Pacer International, Inc. (Nasdaq: PACR), today announced that it has entered into a new multi-year agreement with CSX Transportation, Inc., under which CSX will continue as Pacer's primary rail carrier in the Eastern United States. Taken together with the existing agreements between Pacer and CSX, which remain in place, the new agreement provides terms of service for shipments in Pacer's private container fleet of 18,000 plus containers over a multi-year term. "A key element of Pacer's success is strong, collaborative relationships with our major rail carriers like CSX. We recognize that ...

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Pacer International Reports First Quarter Results
Thursday April 26th 2012 07:46:46 AM

DUBLIN, Ohio, Apr 26, 2012 (BUSINESS WIRE) --Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today reported financial results for the three-month period ended March 31, 2012. FIRST QUARTER RESULTS Total intermodal revenue improved $5.4 million or 1.9%. Excluding the impact from the previously announced reduction in volume from an ocean carrier customer of $26.2 million, intermodal revenues grew by 12.5%. Logistics revenues declined by 22.7% to $61.1 million. In total, revenues decreased by 3.5% to $345.9 million; ...

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Pacer and CRST Establish Dedicated Drayage Agreements, CRST Forms New CRST IMX Operating Unit
Tuesday April 24th 2012 12:17:06 PM

DUBLIN, Ohio & CEDAR RAPIDS, Iowa, Apr 24, 2012 (BUSINESS WIRE) --Pacer International and CRST International announced today that they have agreed to multi-market dedicated drayage agreements focused on driving intermodal drayage efficiencies and providing incremental capacity for Pacer. Additionally, CRST has formed a separate operating unit, CRST IMX, within its Dedicated Services, Inc. subsidiary to provide this service. CRST IMX will market, sell, and operate an efficient network of intermodal drayage and other short-haul trucking services utilizing CRST's on site management, dedicated tractors and qualified drivers. ...

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Pacer Slates 2012 First Quarter Earnings Results Conference Call for April 26, 2012 at 8:30 a.m. ET
Thursday April 5th 2012 11:45:39 AM

DUBLIN, Ohio--(BUSINESS WIRE)--Apr. 5, 2012-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and global logistics services provider, will hold its 2012 first quarter financial results live conference call with audio-only webcast for investors, analysts, media, and other interested parties at 8:30 a.m. EST on Thursday, April 26, 2012. Chairman and Chief Executive Officer, Dan Avramovich; Chief Financial Officer, John Hafferty; and Chief Commercial Officer, Mike Burns will discuss the company's 2012 first quarter results. The actual financial results will be released via Busine...

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Pacer Announces Addition of Experienced Logistics Executive to Lead Asia and Europe International Operations
Tuesday March 27th 2012 04:56:06 PM

DUBLIN, Ohio--(BUSINESS WIRE)--Mar. 27, 2012-- Pacer International, Inc. (NASDAQ: PACR), the North American freight transportation and global logistics services provider, announced the addition of Al Benki as senior vice president, International Logistics – Asia and Europe Operations as Pacer continues the expansion of its international business units, Ocean World Lines, Inc. and RF International, Ltd. Mr. Benki brings a proven track record and extensive experience in international transportation and logistics to Pacer. Mr. Benki’s broad based geographical and product experience will help enhance Pacer’s abilit...

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Pacer Announces Addition of Experienced Logistics Executive to Lead International Business Units
Tuesday March 13th 2012 10:45:41 AM

DUBLIN, Ohio--(BUSINESS WIRE)--Mar. 13, 2012-- Pacer International, Inc. (NASDAQ: PACR), the North American freight transportation and global logistics services provider, announced the addition of Bob Noonan as executive vice president of International Logistics. In his new role, Mr. Noonan will lead Pacer’s Ocean World Lines, RF International, Pacer Distribution Services and PDS Trucking business units. Mr. Noonan will be charged with focusing on the growth of these businesses by expanding Pacer’s overseas and domestic footprint, developing new traffic lanes and service products, as well as integrating its air...

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Pacer International Reports Three Fold Increase in Income from Operations for the Fourth Quarter
Thursday February 9th 2012 08:00:09 AM

DUBLIN, Ohio--(BUSINESS WIRE)--Feb. 9, 2012-- Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today reported financial results for the three-month period and the year ended December 31, 2011. FOURTH QUARTER RESULTS Income from operations more than tripled, increasing by $3.2 million to $4.2 million; Earnings per share improved by $0.06 to be $0.03 in 2011; 2011 adjusted earnings per share, which reflects the elimination of the deferred tax assets adjustment, is $0.07. See ta...

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Pacer Slates 2011 Fourth Quarter Earnings Results Conference Call for February 09, 2012 at 10:00 a.m. ET
Friday December 9th 2011 04:01:08 PM

DUBLIN, Ohio--(BUSINESS WIRE)--Dec. 9, 2011-- Pacer International, Inc. (Nasdaq: PACR), a leading North American freight transportation and global logistics services provider, will hold its 2011 fourth quarter financial results live conference call with audio-only webcast for investors, analysts, media, and other interested parties at 10:00 a.m. EST on Thursday, February 09, 2012. Chairman and Chief Executive Officer, Dan Avramovich; Chief Financial Officer, John Hafferty; and Chief Commercial Officer, Mike Burns will discuss the company's 2011 fourth quarter and annual results. The actual financial results will be re...

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Trade Outlook, Export Growth To Be Focus of OWL's Global Trade Symposium
Wednesday November 9th 2011 02:31:07 PM

January event in Miami will support goals of the President's National Export Initiative LAKE SUCCESS, N.Y., Nov 09, 2011 (BUSINESS WIRE) --Ocean World Lines (OWL), a global, single-source NVOCC (non-vessel operating common carrier) and subsidiary of Pacer International, announced today that it will host a Global Trade Symposium in Miami, Jan. 18-20, to discuss the prospects for U.S. import/export trade in 2012. The Symposium also will encourage goals of the National Export Initiative (NEI), a program launched in January of 2010 by President Obama, to double exports by the end of 2014 as a means of boosting sales for Am...

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Pacer International Reports Three Fold Increase in Income from Operations
Thursday October 27th 2011 08:02:37 AM

DUBLIN, Ohio, Oct 27, 2011 (BUSINESS WIRE) --Pacer International, Inc. (Nasdaq: PACR), the asset-light North American freight transportation and logistics services provider, today reported financial results for the three and nine-month periods ended September 30, 2011. THIRD QUARTER RESULTS Revenues increased by 3.0% to $375.8 million. Intermodal revenues improved by $46.5 million or 18.2%, while logistics revenues decreased by 32.6% to $73.7 million primarily due to the absence of the low-margin military shipments in our international operations in the 2011 period; Gross margin i...

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