| Robinsville, Mississippi, May 7, 1999 - Pegasus TransAir, Inc., along with Alcatel USA, Circle International Group and McCollister Transportation Systems, Inc., received the American Society of Transportation and Logistics (AST&L) and Logistics Management & Distribution Report's annual Partnership Award. |
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| Each year two or more organizations are bestowed the award in recognition of their unique and successful work in uniting to improve logistics service and productivity. This year's quartet was honored at the recent AST&L Annual Conference for their unprecedented approach in streamlining Alcatel's 3rd Party Logistics program. |
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| Pegasus TransAir embodied the word partnership by uniting with Circle and McCollister's, two industry competitors, and integrating themselves into Alcatel's transportation department as one team. |
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| Each of the three award-winning providers actually installed full-time personnel within the heart of Alcatel's transportation department to reduce shipping expense and to monitor every step of the shipping process. |
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| As AST&L noted at the conference, "This outstanding partnership displayed both innovation and a keen spirit of cooperation." |
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| The successful program continues to flourish in a day to day operational atmosphere that has become a true mutually beneficial partnership. |
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| Ken Beam, president of Pegasus TransAir stated, "This relationship has been instrumental in helping us to nurture better partnerships with all of our customers. We are honored the Partnership Award recognized the daily dedication our employees display in making the Alcatel union thrive," Beam added. |