GENCO CEO and Chairman, Herbert S. Shear, to Receive 2005 Salzberg Medallion

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GENCO CEO and Chairman, Herbert S. Shear, to Receive 2005 Salzberg Medallion

PITTSBURGH, Pa. - March 31, 2005 - GENCO announced today that chairman and CEO, Herbert S. Shear, is this year's recipient of the Salzberg Medallion presented by the Martin J. Whitman School of Management at Syracuse University. Mr. Shear will be honored at the 54th Annual Harry E. Salzberg Memorial Program on April 1, 2005.

Salzberg Medallions are awarded to outstanding practitioners, advocates, academicians or researchers in the field of transportation, distribution and logistics management, and to companies for pioneering ideas and policies that have reshaped the industry.

Mr. Shear is a recognized entrepreneurial industry leader whose innovations in reverse logistics have transformed returned merchandise from a cost center to a source of revenue generation and profit for the nation's leading retailers and manufacturers.

The Salzberg Medallion is one of the most prestigious awards in the field of transportation and supply chain management. Each year, former Medallion recipients and distinguished practitioners active in the transportation and supply chain management fields nominate individuals and companies for consideration for the award. Previous winners include industry leaders from Dell Inc., Nabisco Inc., Southwest Airlines, Council on Logistics Management, Yellow Corporation and more.

About GENCO Supply Chain Solutions
GENCO Supply Chain Solutions is North America's largest U.S.-based and a Global Top 50 third-party logistics provider and the recognized leader in Reverse Logistics. The company manages over 130 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers. The company provides initial and ongoing value through a complete range of solutions, including contract logistics, transportation logistics, parcel negotiation and audits, reverse logistics, damage research, product liquidation, pharmaceutical services, government solutions and supply chain technology solutions. For more information, visit www.genco.com.