Trisha Shetty (Editor)

Pacer International

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Industry
  
Intermodal

Founded
  
1997

Website
  
www.pacer.com

Parent organization
  
XPO Logistics

Pacer International httpsuploadwikimediaorgwikipediaen11fPac

Type
  
A service of XPO Logistics

Key people
  
Paul V. Smith, President–Intermodal Services

Services
  
Domestic Intermodal, Cross-border Mexico Intermodal, Drayage

Headquarters
  
Lake Success, New York, United States

Subsidiaries
  
Pacer Cartage, Inc, Ocean World Lines Inc

Pacer International is the former name of a major North American provider of intermodal services, now owned by XPO Logistics (NYSE: XPO). The business is an asset-light transportation logistics provider, which markets its services under the brand XPO Logistics. In Mexico, services are provided under the brand Pacer, An XPO Logistics Company.

Contents

With the acquisition of Pacer International on March 31, 2014, XPO Logistics became the third largest provider of intermodal services in North America and the largest provider of cross-border Mexico intermodal. The business facilitates one of the most comprehensive double-stack intermodal networks in North America, with access to more than 60,000 miles of rail routes and a nationwide relationships with independent truck drayage carriers.

The former Pacer operations have been integrated into the XPO Logistics service offering, which includes truck brokerage, intermodal, ground and air expedite, last mile logistics, contract logistics, freight forwarding, less-than-truckload brokerage and managed transportation.

Graham rothon managing director pacer international


Company history

  • 1984: Don Orris leads the development of the first cost-effective double-stack rail network service, an innovation that led to a major change in the movement of domestic goods within the United States, Mexico, and Canada. Orris would go on to found Pacer International.
  • 1997: Don Orris, Chairman and CEO, founds Pacer International when he begins acquiring the 14 small-to-medium-sized companies in transportation, third party logistics, intermodal marketing, drayage, and ocean transportation.
  • 1999: Pacer acquires APL Stacktrain and operates the new business unit as Pacer Stacktrain.
  • 2001: Pacer consolidates its transportation and logistics brokerage services in its subsidiary Pacer Global Logistics. This unit was renamed Pacer Transportation Solutions in 2008.
  • 2002: Pacer becomes a public company (NASDAQ: PACR).
  • 2006: Michael E. Uremovich is appointed Chairman and CEO.
  • 2008:
  • Pacer’s intermodal network doubles in size with the addition of BNSF service routes.
  • Pacer begins expansion of its truck brokerage and highway services units.
  • 2009: Daniel W. Avramovich is appointed Chairman and CEO.
  • 2014: On March 31, XPO Logistics completed the acquisition of Pacer International. Paul Smith was subsequently appointed as President–Intermodal Operations.
  • Operating structure

    The former Pacer intemodal operations are part of the XPO Logistics freight brokerage business segment.

    References

    Pacer International Wikipedia