December 28, 2014 5:39 PM ET

Air Freight and Logistics

Company Overview of Panther Premium Logistics, Inc.

Company Overview

Panther Premium Logistics, Inc., a logistics company, provides door-to-door transportation solutions for Fortune 500 corporations, government agencies, and blue-chip transportation service providers worldwide. It offers door-to-door, freight transportation services, including expedited, less-than-truckload, and truckload services. The company also manages ocean freight shipments ranging from less-than-container to full containers and oversized cargo. In addition, it arranges for pickup and delivery, handles customs requirements, and manages documentations. Further, the company provides transportation management solutions, event and tradeshow logistics, special handling, secure cross-border, ...

4940 Panther Parkway

Seville, OH 44273

United States

Founded in 1992

364 Employees

Phone:

330-769-5830

Fax:

330-769-5835

Key Executives for Panther Premium Logistics, Inc.

Chief Executive Officer and President
Age: 59
Co-Founder
Age: 49
Chief Financial Officer
Chief Operating Officer
Age: 49
Vice President of Corporate and Contract Accounts
Compensation as of Fiscal Year 2014.

Panther Premium Logistics, Inc. Key Developments

Panther Reports Earnings Results for the Fourth Quarter and Full Year 2013

Panther reported earnings results for the fourth quarter and full year 2013. The company reported fourth quarter revenues of $67 million. The company nearly tripled its operating income in the fourth quarter. The company’s fourth quarter 2013 EBITDA was $5.9 million, a 65% increase over last year. Full year 2013 EBITDA at the company was $17.5 million.

Panther Expedited Services Announces Opening of New LAX Office

Panther Expedited Services, Inc. announced the opening of a new west coast service center in Los Angeles, CA to better meet the needs of customers in the region. The new office will be located at 21175 Main St, Building E-1 Unit D, Carson, CA and will replace Panther's current location at 12622 Yukon Avenue in Hawthorne, CA. The new office, which includes a 65,000 square foot warehouse facility with 10 dock doors will be the company's third office in the greater Los Angeles area since 2009.

Panther Expedited Services, Inc. Announces Management Changes

Panther Expedited Services, Inc. announced that R. Louis Schneeberger has been appointed to the position of President and Chief Executive Officer. Mr. Schneeberger joined Panther in 2010 as Chief Financial Officer and Treasurer and was involved in the company's sale, by private equity firm Fenway Partners LLC, to Arkansas Best Corporation. He previously served as Chief Financial Officer for two publicly traded companies and as Chairman of the Board for another. Panther has also announced the appointment of Edward R. Wadel as Chief Operating Officer. Mr. Wadel has served as Panther's Chief Information Officer since 2006, though he has been the architect of Panther's technology since the company was founded in 1992. Andrew C. Clarke, Panther's President and Chief Executive Officer, has resigned from the company.

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