Pilot Headline News

Pilot Freight Services Announces Record Earnings for 2007
Pilot Freight Services Appoints New President
Pilot Freight Services Announces 2008 Rates
Pilot Freight Services Streamlines Transportation & Logistics for the Auto Industry
Pilot Freight Services Opens New Facility in Laredo, Texas
Pilot's New Name Encompasses Entire Brand
Pilot Freight Services Wins ‘Quest for Quality’ Award
Pilot Awarded Ryder Carrier Quality Award For Third Consecutive Year
Pilot News

Lima, Pa.—January 31, 2008—Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced shipment figures and record revenue for the year ending Dec. 31, 2007. The company reported revenue for the year of $340.8 million, up 5.3 percent from 2006.

Pilot saw the largest increases in its international and government sales, up 17.6 percent and 23 percent respectively from 2007. Overall, Pilot’s international network handled over 722,000 shipments over the year, totaling more than 460 million pounds of freight.

“For the fifth year in a row, Pilot has seen record-breaking earnings. This year’s revenue represents a 57 percent increase over our 2002 earnings,” says John Hill, Executive Vice President of Sales for Pilot. “This significant rise can be attributed to the hard work of all of our employees, both in our individual stations, as well as our corporate sales and operations teams. Their ability to continually evolve to meet our customers’ changing supply chain needs sets Pilot apart from the competition.”

Pilot made several significant changes in 2007, including changing its name from Pilot Air Freight to Pilot Freight Services, to reflect its continually expanding service offerings. Pilot also created a new Logistics Services Division, which includes custom warehousing solutions and expedited delivery services, as well as an Automotive Services Division to serve the automotive industry and grow its domestic business. Internationally, the company opened its first Asian office in Hong Kong to facilitate on-the-ground support, offer faster customer service, and strengthen ties with Pilot partners U-Freight and Global Alliance Logistics (GAL).

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LIMA, Pa.—January 31, 2008—Pilot Freight Services, a worldwide provider of transportation and logistics services, announced today that Lou Cortese, a long-time veteran of the company, has been appointed President. The announcement was made by Pilot’s Chairman, Richie Phillips. Cortese succeeds Gene Malcolm, who will remain with the company and serve as Vice President of Strategic Planning. Cortese, who holds more than 37 years of freight forwarding experience, began his career with Pilot Freight Services in 1985 and has held a succession of key operational positions during his tenure.

"Lou Cortese has spent nearly his entire career as an integral member of the Pilot family, most recently serving as Executive Vice President of Operations and Transportation," says Richie Phillips. "His years of experience and deep understanding of Pilot's operational infrastructure, our culture and people bring a tremendous body of knowledge that will move the company forward as it emerges as a global player in logistics and transportation."

Gene Malcolm, who stepped down from the position due to family obligations, joined the company in 1987 as a computer programmer, and has since risen through the company leadership, culminating with his appointment as president.

"We understand and support Gene's decision and will miss him on a day-to-day basis," says Phillips. “However, our management team remains intact and committed to delivering the highest quality service across a wide range of transportation modes and to any point throughout the world. Lou's long-standing position within Pilot assures a seamless transition for the company, our employees and station owners, as well as our worldwide customer base."

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LIMA, Pa.—January 11, 2008—Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced it is increasing base transportation rates by 4 percent, effective Jan. 28, 2008. All accessorial fees, tariff rules, and regulations remain unchanged. The company’s last rate change was in January 2007.

This adjustment is a response to higher operating expenses such as ground transportation fuel (gasoline and diesel), which increased 40 percent on average over the past year; and jet fuel, which rose 39 percent year over year, according to the U.S. Department of Energy.

Pilot continues to expand its competitive product offerings to meet customer requirements and marketplace demands, including the 2007 launch of Pilot’s Logistics Services division, which now provides initial factory staging and dock management, flexible warehousing, break-bulk services, and more for domestic and international customers. Recently, Pilot also launched an automotive shipping and logistics division that specifically helps the auto industry optimize management of global parts shipments, with flexible scheduling for just-in-time inventory and assembly methods.

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LIMA, Pa.—November 9, 2007—Pilot Freight Services today launched a new automotive shipping and logistics division that will help the auto industry optimize management of global parts shipments, with flexible scheduling that supports just-in-time inventory and assembly methods. Auto industry OEMs, Tier One and Tier Two suppliers, and 3PLs can now turn to Pilot to transport auto parts of any weight and size, including components for vehicle assembly, and after-market repair and replacement parts.

Auto makers and suppliers can take advantage of Pilot’s worldwide network, best-in-class tracking technology, and array of transportation systems to keep their parts moving 24 hours a day, 7 days a week, so they arrive when needed, where needed, anywhere in the world—including the industry’s hottest markets, such as Detroit and Mexico, and its centers for production in the Southeastern United States. Pilot’s network supports domestic air and ground, international air, ocean, and specialized services.

“Our automotive division’s transportation network is perfectly aligned with the auto industry’s manufacturing model, and provides the consistent on-time service and global reach the marketplace demands,” says Dale Page, Senior Director at Pilot Freight Services, who brings 32 years of experience in transportation industry to his new role at Pilot, including running DHL’s automotive division.

“Auto industry players who want a more flexible, cost-effective and accurate supply chain can now partner with Pilot, and benefit from our mature network and hands-on customer service. We’re excited to be extending our four decades of freight-forwarding experience to the automotive sector,” says Richard G. Phillips Jr., Pilot’s CEO.

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LIMA, Pa.—November 2, 2007—Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced it has opened a new station in Laredo, Texas. This will be Pilot Freight Services’ fourth station in Texas, and its 66th station in North America. The Laredo station will be a major hub for shipments to and from Mexico, due to its proximity to the border.

The new site, which opened its doors in October, is located at 1303 Calle DelNorte, with approximately 26,000 square feet of office and dock space. The Laredo station is owned by Scott Lychwick, who also owns Pilot’s El Paso station. He has been with Pilot since 1997, and has over 25 years of experience in the freight forwarding industry. The station will be managed by Margarita Frescas, who brings over 10 years of industry experience to the station.

“Pilot’s expansion into Laredo speaks volumes for the company’s tremendous success, as well as for the growth of area business,” says Richard Phillips, Jr., CEO of Pilot Freight Services. “We look forward to serving southern Texas with our unparalleled service and dedication, as Pilot facilitates the growing economic needs of the area.” Pilot Freight Services also operates stations in Dallas, El Paso, and Houston, Texas.

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Premier international transportation and logistics provider introduces new company name and Web address to reflect broader range of shipping products and solutions

LIMA, Pa.—September 14, 2007—Pilot Air Freight, a worldwide provider of transportation and logistics services, today announced its name has changed to Pilot Freight Services, with a new Web address at www.pilotdelivers.com. The new name encompasses the entire Pilot brand, from freight forwarding to logistics management, and reflects how the company can address any customer’s freight or supply chain requirement with a comprehensive array of global products and services.

“Our updated corporate identity is a natural reflection of our growth in services and market presence,” says Richard G. Phillips Jr., CEO of Pilot Freight Services. “While our name has changed, customers will continue to receive the same world-class service, while being able to take advantage of expanded service offerings, such as our Hong Kong location and newly created Logistics Services Division.”

As part of its 2007 growth initiative, Pilot opened its first Asian office to provide on the ground support in this rapidly expanding market, offer faster customer service, and strengthen ties with Pilot partners U-Freight and Global Alliance Logistics (GAL), based in Hong Kong. Pilot's existing international partnerships in South America, Europe and the Middle East also continued to deliver the best local transportation knowledge in those regions. In addition, Pilot grew its domestic business in 2007 through a newly created Logistics Services Division, which includes warehousing and expedited delivery services.

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Readers of leading industry publication recognize Pilot for service excellence based on performance, technology, customer service, and other key criteria

LIMA, Pa.—August 20, 2007—Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced the company has won the 2007 Quest for Quality Award from Logistics Management, the industry’s top trade publication for supply chain professionals. This marks the 18th year that Pilot has won the award, which is determined by a survey of the publication’s 77,000 readers. This year’s award recognizes Pilot Freight Services’ overall service excellence in freight forwarding based on five key parameters: performance, overall value, information technology, customer service, and equipment and operations.

“We are honored to again receive Logistics Management’s Quest for Quality Award, the 18th time Pilot has been recognized by the readers of this publication,” says Richard Phillips Jr., CEO of Pilot Freight Services. “More than any other industry award, Quest for Quality is a benchmark in the industry, determined by the actual users of freight forwarding services. More than any other audience, these readers understand the value of service and performance. Pilot Freight Services’ ability to perennially win this award demonstrates our long-standing commitment to our customers and the industry.”

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Company honored for its excellence in on-time performance, superior customer service, and technology innovation in the North American freight forwarder service category

LIMA, Pa.—July 2, 2007—Pilot Freight Services, a worldwide provider of transportation and logistics services, announced today that the company has received the 2006 Ryder Carrier Quality Award for North American Freight Forwarders. This is the third consecutive year that Pilot has earned this recognition, which is presented by Ryder System, Inc., a global leader in transportation and supply chain management solutions. The award is based on a variety of metrics including on-time performance, claims handling, customer service, technology applications, economic value and innovation.

Pilot was recognized for consistently exceeding Ryder’s on-time performance demand, delivering superior customer service, and providing new shipping technology solutions. Ryder places more than $3.1 billion of its customers' freight on selected carriers in all modes of transportation each year.

“Ryder is proud to recognize its top-performing carriers of 2006 who understand the demanding requirements of our supply chain solutions and transportation services and share our commitment to helping customers operate more efficiently," said Ryder Vice President and General Manager, Global Transportation Management Todd Carter.

“We are proud of our partnership with Ryder, as well as other major players in the transportation and logistics industry,” says Richard Phillips Jr., CEO of Pilot Freight Services. “Our ability to win the Ryder Award for three consecutive years demonstrates our ability to sustain a high standard of performance over time for sophisticated logistics customers who expect the highest quality service, value and solutions.”

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