Jacobson Companies Announces Desmond Gay as President, Asia, at Jacobson Global Logistics


Des Moines, IA - (March 7, 2011) - Jacobson Companies, a leading worldwide
third party logistics company, is pleased to announce it has hired Desmond Gay
as President of its Asia Pacific operations. Mr. Gay is responsible for Jacobson's
business in the Asia Pacific region and is domiciled in Hong Kong.

The president, Asia, position is responsible for development of Jacobson
Companies business in Asia, including the expansion of Jacobson Global
Logistics and the recent acquisition of Chimerica Global Logistics in Greater
China. Chimerica's executive management team including Jason Woo (VP
Business Development) and Marcus Woo (VP Operations Greater China) will
report to Desmond Gay.

Mr. Gay joins Jacobson from DTW Logistics Group, China, former JV partner of
FEDEX China, where he was CEO for three and a half years. During his tenure
at DTW, Mr. Gay was responsible for the freight forwarding and contract logistics
business units with combined staff strength of approximately 1,500 employees.

Prior to joining DTW, Mr. Gay held a variety of increasingly senior management
positions within Deutsche Post AG beginning in 2000. He first held the position
of vice president, intercontinental integrated services, Asia Pacific for Singaporebased
Danzas AEI Freight Forwarding. Later, Mr. Gay held the position of senior
vice president, DHL Excel Supply Chain Greater China, based in Shanghai. He
has also held positions at Air Express International Singapore and Shell
Singapore. Mr. Gay holds a Bachelor of Business Administration degree and a
Master of Business Administration from Roosevelt University.

"I am honored to be part of a world-class executive team at Jacobson, whose
logistics and supply chain expertise literally span across the globe," Gay stated.
"Jacobson is nicely positioned to expand its service offerings to our customers in
Asia. I look forward to working closely with our customers to deliver Jacobson's
innovative end-to-end solutions"

Peter Knapp, President of Jacobson International Logistics Services, stated, "We
are very pleased to have Desmond Gay on board. With the recent acquisition of
Chimerica Global Logistics and our expansion plans in Asia, we expect Desmond
and his team will deliver significant growth and value to our customer. His more
than 20 years of experience in Asia and particularly China will position Jacobson
Global Logistics as the go-to provider of operational excellence and best-in-class
logistics services."

About Jacobson Companies
Founded in 1968, Jacobson Companies is a leading third-party logistics service
provider offering end-to-end supply chain management solutions around the
globe. Our service offerings include freight forwarding (ocean & air), customs
brokerage, PO management, consolidation/deconsolidation, warehousing &
distribution, contract packaging and manufacturing and transportation
management. Jacobson operates more than 35 million square feet of warehouse
space worldwide with approximately 7,000 employees. Jacobson maintains a
website at www.jacobsonco.com.

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