Pacer International, Inc. (NASDAQ: PACR), the North American freight transportation and global logistics services provider, announced the addition of David Boothe as vice president of global sales as Pacer continues to pursue growth of its international business units, Ocean World Lines, Inc., RF International, Ltd. and Pacer Distribution Services, Inc. In his new position, Boothe is responsible for sales and market share growth of all international product lines including NVOCC, air freight, customs brokerage, cargo management, cartage, trans-load, warehousing and specialized freight forwarding services. Boothe comes to Pacer with more than 27 years of international logistics experience in sales, operations, and executive management positions for companies such as Fritz, Amware Logistics, DCT/TeamOne Logistics, and most recently MIQ Logistics. He holds a Bachelor of Technology in Industrial Engineering from The University of Dayton in Dayton, OH. “The addition of Dave Boothe strengthens Pacer’s international team as we continue to invest in our global strategy,” said Robert Noonan, executive vice president, international logistics for Pacer. “Dave has a proven track record of success and will ignite our sales efforts with renewed vigor and aggressiveness to gain market share in all international product lines.” ABOUT PACER INTERNATIONAL Pacer International, a leading asset-light North American freight transportation and global logistics services provider, offers a broad array of services to facilitate the movement of freight from origin to destination through its intermodal and logistics operating segments. The intermodal segment offers container capacity, integrated local transportation services, and door-to-door intermodal shipment management. The logistics segment provides truck brokerage, warehousing and distribution, international freight forwarding, and supply-chain management services. For more information on Pacer International, visit www.pacer.com.
Shares of Pacer International (Nasdaq:PACR) were gapping up Thursday morning with an open price 14.6% higher than Wednesday's closing price. The stock closed at $4.80 yesterday and opened today's trading at $5.50.