GENCO Announces Appointment of Parcel Solutions Vice President

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GENCO Announces Appointment of Parcel Solutions Vice President

PITTSBURGH, Pa. - March 11, 2008 - GENCO Supply Chain Solutions, North America's second largest and a Global Top 50 third-party logistics provider, today announced the appointment of Michael Ryan as vice president of Parcel Negotiation & Audits. Ryan is based in Chicago, IL and responsible for developing new business in the areas of parcel management, negotiation and audit solutions throughout the Midwest.

Ryan comes to GENCO Supply Chain Solutions with 25 years of transportation experience. His most recent role as chief account officer for Velocity Express, a leading provider of regional shipping solutions, included revenue responsibility of $250 million and management of seven account directors.

Prior to joining Velocity Express, Ryan spent 23 years with DHL Worldwide Express where he served in various positions, including director of national accounts. As director of national accounts, he created the largest sales pipeline in national accounts west estimated at $290 million and was responsible for nine account managers, four account executives, bids and margin improvement initiatives and revenue/profitability goals.

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.