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elite-freight.
Companies selected for recognition in the Fortune competition were
judged by executives of competing firms, Fortune said.

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In
addition, expansion of the program will include the management of regional
hubs in the Netherlands and in the United Arab Emirates.

One of the company's key
strategies is to offer a full portfolio of individual logistics and
transportation services, while at the same time providing integrated
supply-chain solutions for customers that require customized support.com

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is one of the largest third party
logistics providers based in Houston, Texas. (Nasdaq:PACR), the North America logistics and
freight transportation provider, is named in the March 7 issue of
Fortune Magazine as one of "America's Most Admired Companies.pacer -international.

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"
Bob Hale, President of Elite, said, "We are delighted to have been
selected to perform these important services by such a leader in the oilfield
industry.

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Weatherford operates in 108 countries
and employs approximately 18,000 people worldwide." This is
the second consecutive year for Pacer to be on the list.

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Jack Curr, General Manager of Weatherford's
Production Chemicals group, stated, "Elite's track record in managing
efficient distribution operations for oilfield service companies was an
important consideration.

ABOUT PACER INTERNATIONAL -- Pacer International , a leading
non-asset based North America third-party logistics and freight
transportation provider , offers through its subsidiaries and divisions
a broad array of logistics and other services to facilitate the
movement of freight from origin to destination.

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Its services include
wholesale stacktrain (cost-efficient, two-tiered rail transportation
for containerized shipments) and cartage (local trucking ) services;
and retail intermodal marketing, truck brokerage, trucking services,
warehousing and distribution, international freight forwarding, and
supply-chain management services.

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"These accolades are
particularly heartening since they demonstrate that Pacer has been
able to rapidly create a logistics company with a level of operating
excellence that is recognized and respected by both competitors and
customers. Its principal business units Pacer Stacktrain
and Pacer Global Logistics are headquartered in Concord, California,
and in Dublin, Ohio, respectively.

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About Elite
Founded in 1986, Elite Airfreight, Inc.

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The system is also planned to be installed at Weatherford 's
Engineered Chemistry manufacturing facilities in Leetsdale, PA and Elmendorf,
TX later this year. Under discussion is a plan to integrate the EliteOne
system to Weatherford's JD Edwards system to further increase transactional
processing efficiency.

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Elite Airfreight Selected By Weatherford International Ltd. as 3PL for Engineered Chemistry Business Unit

Elite will provide centralized warehousing for the program at its
facilities in Houston, Texas, in support of Weatherford's traditional and
proprietary chemical product lines for global finished goods distribution.

Business Editors /Logistics + Transportation Writers

CONCORD, Calif.----Pacer
International, Inc.

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Having
these functions in place with Elite allows us to focus on our core business
activities.
Don Orris, Pacer 's chief executive officer, said the Fortune
recognition, like the Forbes award before it, validates that Pacer is
implementing its strategy successfully.

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(http://www.

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" He
continued , "The most compelling reason for selecting Elite was their safety
record. As production chemicals is a rapidly growing business segment
within Weatherford, the timing could not be more perfect to rationalize and
transform how, when, and where these products are received, packaged, stored,
and shipped. Elite's success is based on an experienced management team, oil +
gas industry experience , and a customer-centric approach to service.8 billion for 2004.

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com ), a global leader in supply chain management
for the oilfield industry, announced that it has been selected to provide
warehousing and distribution services for Weatherford International Ltd. This could never have happened without the focus and
dedication of our people," Orris said.

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's
(NYSE: WFT) Engineered Chemistry(TM) business unit. When touring the Elite facilities, it was evident to our evaluation
team that Elite is focused on safety and training of its employees on all
aspects of handling chemical products, especially dangerous goods. In addition, Elite performs a range of
specialized services including outsourced customer service functions for its
clients.
In January, Pacer was also named to Forbes Magazine 's "Platinum
400," a listing of the "Best Big Companies in the United States" for
2005. Pacer International is headquartered
in Concord, California. Web site:
www.

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HOUSTON, Elite Airfreight, Inc.
Pacer , which was formed eight years ago and went public in 2002,
reported revenues of $1.

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Weatherford 's program goals for cost containment and maximum supply chain
efficiencies were at the forefront of the selection process for outsourcing
fulfillment and logistics needs.
Weatherford is one of the largest global providers of innovative
mechanical solutions, technology and services for the drilling and production
sectors of the oil and gas industry. Elite's services include full
service air freight forwarding, ocean freight forwarding, export packing, and
warehousing + distribution . Winners were
evaluated on the basis of eight principal attributes of corporate
reputation: innovation , employee talent, use of corporate assets,
social responsibility, quality of management, financial soundness,
long-term investment, and quality of products and services.

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In addition, their familiarity with how the chemical
business fits into the oilfield service industry was a real strength."
Elite is slated to deploy its proprietary warehouse management system,
EliteOne, in the regional hubs to provide global inventory and shipment
visibility.

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About Weatherford International Ltd.

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We are proud to have been nominated as the 3PL to help
Weatherford manage its supply chain performance at a world class level.