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Street Tips: Progressive Following on Pacer International Inc.
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:08042008
Streetinvesting.com has now resumed our progressive review of Pacer
International Inc. (NASDAQ:PACR) as it fell down $0.18 on below average
volume early trading Tuesday, April 8, 2008. Based on the Company's
most recent news release; we will be progressively reviewing the impact
of the markets and the effects of their developments. We will be
providing updates and analyst opinions as new stories unfold.
Make sure to visit www.streetinvesting.com to keep updated and signup
for free with no credit card for market reports and analytical plays.
Our research resources have been aimed towards the US Large Caps and
the various prospective companies therein Pacer International Inc. was
among those that we have been closely examining due to their recent
news and trading patterns. Sign up at www, streetinvesting.com for more
information on the company mentioned herein.
April 8, 2008, Pacer International, Inc., a leading North American
logistics and freight transportation provider, announced that Kent E.
Prokop, president of Pacer Distribution Services, Inc. has been
appointed to the Board of Directors of the National Industrial
Transportation League (NITL) and to the Board of Directors of the
Harbor Transportation Club in Southern California.
Prokop is serving as a director-at-large on the NITL Board, effective
March 1, 2008 for a one-year term. He was named to the position by NITL
chairman Curt Warfel. NITL has approximately 700 separate company
members and is one of the oldest and largest associations in the U.S.
representing freight transportation professionals.
Prokop was appointed to a one-year director-at-large position with the
Harbor Transportation Club by chairman David Tremblay. The organization
was formed in 1939, and continues to develop cooperation, understanding
and coordination among the shippers, carriers and the various trade and
transportation organizations in the Long Beach/Los Angeles Harbor area.
Pacer International, a leading asset-light North American 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.
Streetinvesting.com will continue to follow the progress of this
company following their most recent news announcement. Visit
www.streetinvesting.com and signup free for our financial market
services.
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investment opportunities directly to our subscribers. As an
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investors seeking a different and unique approach to investment ideas.
That's our goal. That's what we do. We are "The Word on the Street".
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To continue with the more in-depth analysis, please visit
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report and other related articles. Please note that membership does not
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All material herein was prepared by Streetinvesting.com, (Street
Investing) based upon information believed to be reliable. The
information contained herein is not guaranteed by Streetinvesting.com
to be accurate, and should not be considered to be all-inclusive. The
companies that are discussed in this opinion have not approved the
statements made in this opinion. This opinion contains forward-looking
statements that involve risks and uncertainties. This material is for
informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. Streetinvesting.com
is not a licensed broker, broker dealer, market maker, investment
banker, investment advisor, analyst or underwriter. Please consult a
broker before purchasing or selling any securities viewed on or
mentioned herein. Streetinvesting.com may receive compensation in cash
or shares from independent third parties or from the companies
mentioned.
Streetinvesting.com's affiliates, officers, directors and employees may
also have bought or may buy the shares discussed in this opinion and
may profit in the event those shares rise in value.
Streetinvesting.com will not advise as to when it decides to sell and
does not and will not offer any opinion as to when others should sell;
each investor must make that decision based on his or her judgment of
the market.
This release contains "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may", "future", "plan" or "planned", "will" or "should", "expected,"
"anticipates", "draft", "eventually" or "projected". You are cautioned
that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results
to differ materially from those projected in the forward-looking
statements, including the risks that actual results may differ
materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies'
annual report on Form 10-K or 10-KSB and other filings made by such
company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as
of the date hereof and Streetinvesting.com undertakes no obligation to
update such statements.
CONTACT: Streetinvesting.com
WWW: http://www.streetinvesting.com
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Copyright ? 2008 M2 Communications Ltd.
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