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Rail News: Intermodal

Shurstad takes Pacer International's presidential reins, passes Pacer Stacktrain's top seat to Finkbiner


Pacer International Inc. Chairman and Chief Executive Officer Don Orris now has company in the firm’s senior management office.

Yesterday, Pacer International announced it promoted Pacer Stacktrain President Tom Shurstad to president of the parent company. He will be responsible for operating and commercial activities previously managed by Orris.

Pacer International also named Tom Finkbiner president of Pacer Stacktrain to succeed Shurstad. Finkbiner resigned as a Pacer International board member to accept the position.

Shurstad — who in the 1980s served as an executive with former Pacer Stacktrain operator APL Ltd. — previously served as chief executive officer of The Belt Railway of Chicago, vice president and general manager of Southern Pacific Railroad, director of intermodal services for the Port of Seattle and assistant VP of operations for Burlington Northern Railroad.

“[Shurstad’s] extensive background in the rail intermodal business, both in the wholesale and retail segments, [will] guide the further development of the entire company,” said Orris in a prepared statement.

Finkbiner, who will manage Pacer Stacktrain and Pacer Cartage, previously served as VP of intermodal for Norfolk Southern Corp., and president and CEO of Quality Distribution Inc.

Pacer International provides third-party logistics, freight transportation, intermodal, cartage, truck brokerage, warehousing and distribution, international freight forwarding and supply-chain management services through subsidiaries Pacer Stacktrain, Pacer Cartage and Pacer Global Logistics.

Contact Progressive Railroading editorial staff.

More News from 6/2/2006