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For Immediate Release

PBB President Receives Honorary Professorship
Mike Scott Bestowed Guangxi University Honor during China Trade Mission


Nanning Guangxi, China April 9, 2001 - Mike Scott, President and CEO, PBB Global Logistics, is the first Canadian to be awarded an Honorary Professorship at one of China's leading universities. The honor, in recognition of PBB's leadership facilitating trade with Asia, was bestowed during a ceremony held before two hundred students and faculty at Guangxi University. It coincides with the PBB-led China Trade Mission 2001, now visiting the country.

"It is a great honor to receive a Professorship at this leading institution of higher learning," Mr. Scott says. "The designation is testament to PBB's expertise and experience in China and to the close ties we enjoy with our Chinese partners."

The Professorship was bestowed by Yu Jin, Party Secretary, Guangxi University. Faculty and senior students from the Business School and Foreign Language Institute were also on hand. During his acceptance speech, Mr. Scott spoke of the importance of trade between China and North America.

"For two decades, PBB has been privileged to do business in China. The value of progressive trading relations is evidenced by the senior executives that are part of China Trade Mission 2001. Each is eager to continue to build opportunities that benefit both North America and China," he said.

In presenting the Professorship, Mr. Scott and PBB were cited for leadership in fostering trade with China. Among the notable achievements: PBB's two privately-led trade missions to China (2000 and 2001), a newly-opened Beijing office, introduction of regularly scheduled weekly consolidated shipping services from China to North America and PBB's hosting of several high level Chinese trade delegations to North America.

Guangxi University is the largest in the province and home to some 15,000 students. It is one of the first universities in China to recruit foreign students, who now represent an important part of the campus student population. Since 1962, Guangxi University has trained several hundred students from 40 countries in a wide variety of academic subjects and qualifications.

PBB's China Trade Mission 2001 arrived in China April 6th. Mission delegates include executives and corporate leaders from a variety of North American small and medium-sized enterprises seeking to build important business relationships and enhance existing opportunities in China. The Mission has already visited Hong Kong, holding key briefings and meetings with government officials, trade representatives and business leaders.

While in Nanning, the group is conducting high-level talks with private business leaders and others. Delegates will also visit Shanghai, Nanjing and Beijing prior to returning home April 21st. The Mission, led by PBB, is supported by Canadian Manufacturers and Exporters, Team Canada Inc. and Ontario Exports.

PBB Global Logistics employs more than 1,000 people in 70 locations throughout North America. It offers fully integrated global logistics services including: International Freight Forwarding, Customs Brokerage, Warehousing & Distribution, North American Shipping, Trade & Regulatory Services, Corporate Audit, Parcel Logistics, Corporate Travel and e-globallogistics.comTM through a North American network of automated facilities and world-wide strategic alliances. It is one of Canada's "50 Best Managed Private Companies".

For more information contact:

Sara DeTamble, Public Relations Coordinator
PBB Global Logistics

P.O. Box 40, Fort Erie ON
1-800-924-4466
E-mail:
mktg@pbb.com

Web site: www.pbb.com