PACR Pacer International, Inc. (MM)

The board of directors of Pacer International, Inc. (Nasdaq:PACR), the North America logistics and transportation provider, declared a quarterly dividend of $0.15 per share of common stock for the third quarter of 2005. The cash dividend will be payable on Jan. 10, 2006, to shareholders of record at the close of business on Dec. 20, 2005. This is the second quarterly dividend declared under the company's new dividend policy, which was announced on Sep. 7, 2005. ABOUT PACER INTERNATIONAL -- Pacer International, a leading non-asset based North American third-party logistics and freight transportation provider, offers a broad array of logistics and other services through its subsidiaries and divisions to facilitate the movement of freight from origin to destination. Its wholesale services include Stacktrain (cost-efficient, two-tiered rail transportation for containerized shipments) and cartage (local trucking) services, and its retail services include intermodal marketing, truck brokerage, truck services, warehousing and distribution, international freight forwarding, and supply-chain management services. Pacer International is headquartered in Concord, California. Its business units Pacer Stacktrain and Pacer Global Logistics are headquartered in Concord, California, and in Dublin, Ohio, respectively. Web sites: www.pacer-international.com, www.pacerstack.com and www.pacerglobal.com. Note to editors: Issued by Steve Potash and Company, tel. 510-865-0800, or steve@potashco.com.