Press Release

May 14, 2008

Estes Hires International Expert

Richmond, VA—Estes, a premier freight transportation provider, announced today that Ed Alderman, former head of FedEx Freight International Development, has joined Estes as managing director of International Development. As such, he will oversee the company’s direct service to Alaska, the Caribbean and Hawaii, as well as service to all 10 Canadian provinces and major commercial markets in Mexico. Alderman will also be responsible for creating a business plan for international strategies in conjunction with Estes’ subsidiary, Estes Air Forwarding LLC. He will be based in Richmond at Estes’ corporate office.

Alderman has spent the bulk of his 34-year transportation career honing his international expertise. He has worked for ARA/Smith’s Transfer as their national account trade executive, been the Pacific Rim sales director for Viking Freight System and served as managing director of International Development at both American Freightways and FedEx Freight.

Estes President and CEO Rob Estes welcomed Alderman, saying, “Ed’s worldwide transportation experience with both product development and partnership management is a strong asset for us. We are very excited about having him on board.”

About Estes

Richmond, VA-based Estes is a full-service transportation provider offering coast-to-coast North American coverage. Founded in 1931 by W.W. Estes, the company is still owned and operated by the Estes family. During the past 77 years, Estes has grown from a small, local carrier into one of the most respected multiregional, less-than-truckload and truckload transportation systems in the country. Estes now employs nearly 13,000 people and boasts an inventory of more than 30,000 pieces of power equipment and trailers. With a network of almost 200 terminals, the company offers direct service to all 50 states and the Caribbean and also serves all 10 Canadian provinces and major commercial markets in Mexico.

For more information:
Paula Evans, 804-353-1900 Ext. 2615