United Road Acquires Autolog Auto Transport

DETROIT, Jan. 6 /PRNewswire/ — Romulus, Mich.-based United Road, one of
the largest vehicle transportation logistics providers in the United States,
announced today its acquisition of Autolog Auto Transport (Autolog), a Linden,
NJ-based vehicle logistics provider. Michael A. Wysocki, chief executive
officer, of United Road made the announcement.

The addition of Autolog to the United Road national logistic network will
serve to increase the company’s retail, single-unit and northeast regional
business capabilities with the addition of over 100 national pick-up and
delivery locations. For the first time ever, Autolog customers will be able to
enjoy enclosed vehicle carrier service through Pilot Transport, United Road’s
specialty carrier of high value and prototype vehicles.

The Autolog acquisition is United Road’s first since being acquired by the
Gores Group, a Calif.-based private equity firm, in November 2007. The
acquisition is a result of United Road’s ongoing national expansion efforts
and the Gores Group’s commitment to continuously advancing the size and scope
of United Road’s logistics network.

“Adding the impressive expertise and established logistics network that
Autolog brings to United Road’s existing portfolio through the acquisition is
in line with our strategic growth plan,” said Wysocki. “As the automotive and
vehicle logistics industries evolve, and the requirements of our various
clients change, so must the solutions we can offer. Autolog has a proven track
record in providing exceptional single unit transport services. The addition
of Autolog will offer great value to clients, new and shared, by driving
logistic network efficiencies, combining traffic, filling empty miles,
developing contemporary services and devising new routes.”

United Road is the largest shipper of privately owned and single unit
vehicles for eBay, Openlane and other internet-based vehicle auctions. “The
addition of Autolog’s logistic corridors and network of pick-up and delivery
locations will create a new wave of integration for point-to-point vehicle
shipping on a national basis,” added Wysocki. “This will reduce costs, improve
customer service and conquer the logistic challenge of purchasing and
transporting vehicles through online transactions.”

Founded in 1976 by Myron and Susan Levine, Autolog is respected as the
originator of the transport of privately owned vehicles. The company’s current
revenue exceeds $10,000,000.

United Road will continue to increase its capabilities and logistics
transport network while consistently providing a national platform and
innovative solutions for its clients. United Road is the leader in utilizing
new technologies to advance the industry. Its OVISS information technology
system offers the best load, routing, online customer tracking and real time
event reporting via WiFi electronic proof of delivery. United Road carriers
are equipped with GPS to navigate the most efficient routes for vehicle
transport. The company is the country’s third largest motor carrier as ranked
by Transport Topics. United Road is also the only SmartWay certified “green”
auto carrier in the United States recognized by the Environmental Protection
Agency for outstanding environmental practices. To learn more about United
Road’s services and green practices, please visit www.unitedroad.com.

Headquartered in Romulus, Michigan, United Road is one of the largest
vehicle transportation logistics solutions providers in the United States.
With over 1,500 employees and a nationwide network of 1,200 late model vehicle
carriers, United Road is the technology leader of the industry via its
proprietary web-based, real time OVISS information system. The company
operates in the 48 continental United States, Alaska, Canada and Puerto Rico.
United Road is also the only SmartWay certified “green” auto carrier in the
United States recognized by the Environmental Protection Agency for
outstanding environmental practices. For more information, please visit
unitedroad.com.

SOURCE United Road