Jeffrey Brashares Named Chief Operating Officer for Logistics Segment of Pacer International, Inc.
CONCORD, Calif.--(BUSINESS WIRE)--Industry leader Jeffrey ("J.B.") Brashares, currently vice chairman for commercial sales for Pacer International, Inc. (Nasdaq:PACR), the non-asset based North America third-party logistics and freight transportation provider, has been promoted to chief operating officer for Pacer's Logistics segment. The appointment is effective immediately.
“Pacer is truly fortunate to have a leader of Jeff Brashares' rich experience and dedication to lead the Logistics segment.”
As part of his long career in intermodal transportation, Brashares in 1984 became a partner and president of Rail Van, Inc., an intermodal transportation company that in 2000 became part of Pacer. He has also headed Pacer's retail rail transportation group. Brashares currently serves as a director of both the Intermodal Association of North America (IANA) and the Transportation Intermediaries Association (TIA).
Mike Uremovich, Pacer's chairman and chief executive officer, said Brashares will be responsible for the operations of the Logistics segment, which is marketed as the Pacer Logistics Portfolio, and its business units. The segment provides truck brokerage, trucking, warehousing and distribution, international freight forwarding, and supply-chain management services directly to retailers and manufacturers.
Brashares succeeds Alex Munn, who has resigned to pursue other activities. Uremovich thanked Munn for his service, and said "Pacer is truly fortunate to have a leader of Jeff Brashares' rich experience and dedication to lead the Logistics segment."
Said Brashares: "Customers are looking for a single point of contact and improved reliability in their distribution processes. Because Pacer offers a full portfolio of capabilities, this requirement presents opportunities for us to more tightly integrate and manage our various logistics and transportation offerings for the benefit of customers. At the same time, I look forward to focusing intensely on the increased efficiency and performance of the individual logistics business units."
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 shipments) and Pacer Cartage (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.
