BAX Global Announces Appointment of New Swedish Managing Director

BAX Global, a $1.8 billion transportation and supply chain management company, is pleased to announce the appointment of Dag G. Gustavsson managing director, Sweden. Gustavsson will be responsible for all BAX Global operations in Sweden including air and ocean import/export sales and supply chain management. Dag G. Gustavsson joins BAX bringing a wealth of supply chain management experience with him. During his 20 years of experience in shipping and freight forwarding, Gustavsson held many senior positions within the Wilson Group, a major Swedish based global forwarder. While with Wilson he spent two years focusing on ocean and air import/export sales in New York before returning to Sweden in 1990 to a senior management position with key account responsibilities. "I am delighted to welcome Dag to the BAX Global family. He has a wealth of experience in all aspects of freight forwarding with a good knowledge of the Swedish market place. I know that with his leadership qualities, sales ability and commitment to success he will make a great contribution to BAX Global Sweden," said Steve Finch, senior vice president-Atlantic region of BAX Global. Gustavsson is based in Stockholm, where he resides and will oversee all aspects of BAX Global Sweden operations. Over 500 Offices BAX Global is a $1.8 billion transportation and supply chain management company offering multi-modal freight forwarding to business-to-business shippers through a global network of over 500 offices in 121 countries. In North America, BAX Global offers guaranteed and standard overnight and second day freight delivery to every major North American business community in addition to international airfreight, ocean forwarding and customs brokerage worldwide. Pittston BAX Group Common Stock (NYSE: PZX) is a class of common stock of The Pittston Company which is intended to reflect the performance of the global freight and logistics management services businesses of BAX Global. BAX Global's press releases are available by fax by calling Company News On-Call, 800-758-5804, ext. 117050. For a complete listing of BAX services visit the World Wide Web at ots Original Text Service: BAX Global Internet: Contact: Raquel Garcia of BAX Global, 949-752-1212, ext. 2310, Company News On-Call: or fax, 800-758-5804, ext. 117050 Web site:

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