Eleets Transportation Appoints New President

Eleets Transportation Appoints New President

April 6, 2010 – Jacksonville, Fla. – Eleets Transportation, Co. Inc., an asset-light provider of transportation and logistics services, has named Thomas Shurstad as president. Shurstad is a seasoned industry veteran, with 30 years of domestic and international transportation experience. He will be based in Jacksonville, Fla.

Concurrent with this move, Al Steele has been named CEO and chairman. Previously, Steele was president and CEO.

In his new role, Shurstad will be responsible for further developing and growing Eleets’ dynamic portfolio of services, which include full truckload and LTL, drayage, intermodal, rail, pre-print, third-party logistics, warehousing, cross-docking, import/export, and more. Eleets was a start-up company in 2007, and today has a run rate of more than $100 million in annual revenues, with 350 trucks and employing 100 people in 15 states.

“We’re excited to have attracted an executive of Tom’s caliber to join our organization and provide additional strength and depth to our senior management team,” said Al Steele, CEO and chairman, Eleets Transportation, Co., Inc. “His experience in all facets of logistics management uniquely qualifies him to lead our organization through what we anticipate will be an accelerated period of growth and profitability for the company.”

Prior to this appointment, Shurstad was president of Railex, a refrigerated boxcar service provider from points in California and Washington to New York.

Before that, he was president of Pacer International, with executive responsibility for the Pacer International business units focused on intermodal transportation. In addition, he was previously president of Pacer Stacktrain.

His storied career includes serving as president of the Belt Railway Company of Chicago; chief operating officer for the Malaysia National Railway; president of the Terminal Railroad of St. Louis; vice president of intermodal operations for Southern Pacific Lines; and vice president of the western region for American President Lines.

Shurstad holds a Bachelor of Arts in Accounting from Western Washington University. He is also a past board member of the Intermodal Association of North America (IANA) and the Denver University Intermodal Institute.

About Eleets Transportation
Eleets Transportation, Co. Inc., is an asset-light provider of transportation and logistics services to the pre-printed newspaper insert, general commodities and intermodal markets that are environmentally-conscious for cross-country shipments. Eleets is headquartered in Jacksonville, Fla., but also maintains offices and operations in 14 additional states. For more information, visit www.eleetstrans.com.