News | March 9, 2007

Transportation Company: CRST International Forms Two New Operating Companies And Adds Scott Shephard To Senior Executive Staff

CRST International, privately-held transportation companies in the country, announced recently that it has formed two new Operating Companies in response to customer and market demand.

The two new companies, CRST Dedicated Services, Inc., and CRST Capacity Solutions, Inc., will become part of the CRST Carrier Group, which oversees the company's three asset-based carriers – CRST Van Expedited, CRST Malone and CRST Premier Transport.

CRST Dedicated Services, Inc., will provide customers with services ranging from a pure dedicated fleet to a single source dedicated truck capacity and transportation network in both the Van and Flatbed markets. Dedicated Services will be headquartered in Eldridge, Iowa.

CRST Capacity Solutions, Inc., will provide a single source for truck capacity by utilizing its affiliation with the three CRST asset-based trucking companies as well as its network of more than 8,000 contract carriers and multi-model capacity providers. Capacity Solutions will be headquartered in Cedar Rapids, Iowa.

"The service offerings of Dedicated Services and Capacity Solutions have been around for many years and have been growing rapidly within CRST's three asset-based trucking companies," said Dave Rusch, president of the CRST Carrier Group.

"Through a lot of hard work, these two service offerings have grown into multi-million dollar businesses within the individual Carrier Group Operating Companies. It was time to establish separate entities and staff them with professional managers who will focus entirely on fostering their growth. The separate entities will be better equipped to further develop these businesses and provide our customer base with the specialized services they want," he said.

CRST also announced several key organizational changes as part of the restructuring. Rusch, previously President of CRST Carrier Group and Chief Operating Officer of CRST Van Expedited, will now remove himself from the day-to-day management of Cedar Rapids, Iowa-based CRST Van Expedited to focus solely on oversight and strategic direction of the Carrier Group.

Mike Gannon, president of the Birmingham, Ala.-based CRST Malone, will replace Rusch as president of CRST Van Expedited. Gannon has been with CRST for 23 years. He has headed Malone for the past four years helping them grow CRST's Flatbed business by more than 45 percent.

"Mike understands the team expedited business having spent 19 years in senior management positions in Cedar Rapids before his move to Birmingham," said Rusch. "His transition to CRST Van Expedited should be seamless." Scott Shephard will assume the Presidency of CRST Malone. Shephard was previously President of Economy Transport, Inc., a wholly-owned subsidiary of Universal Truckload Services, Inc.

"We are thrilled to welcome Scott to the CRST management team," said Rusch. "Scott has held many senior level positions with companies that are similar to Malone's with the agent and independent contract business model."

For more information, please visit www.crst.com or contact Dave Rusch at (319) 390-2600.

CRST International

Cedar Rapids, Iowa –based CRST International is one of the largest privately-held transportation companies in the United States. Through its six divisions, CRST provides a broad array of transportation solutions, including Van and Flatbed as well as Brokerage and Transportation Management Services. CRST's Operating Divisions are made up of CRST Logistics and CRST's asset-based Carrier Group, which consists of CRST Van Expedited, CRST Malone, CRST Premier, CRST Dedicated Solutions and CRST Capacity Solutions. For more information, www.crst.com.

SOURCE: CRST International