Paragon Shipping Inc. provides shipping transportation services worldwide. The company engages in the ocean transportation of various drybulk cargoes, such as iron ore, coal, grain, bauxite, phosphate, and fertilizers. Its fleet consists of 8 Panamax drybulk carriers, 2 Handymax drybulk carriers, and 2 Supramax drybulk carriers, as well as two 3,426 TEU containerships with an aggregate capacity of approximately 794,634 deadweight tons. Paragon Shipping Inc. was founded in 2006 and is based in Voula, Greece.

Safe Bulkers Company's subsidiaries provide marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of such services. Safe Bulkers Company's subsidiaries currently own 15 drybulk vessels, with an aggregate carrying capacity of 1,346,900 deadweight tons ("dwt"). The average age of the fleet is 3.80 years as of September 30, 2010. Our fleet currently consists of Panamax, Kamsarmax, Post-Panamax and Capesize class vessels. Seven additional drybulk newbuild vessels have been contracted to be delivered at various times through 2013. Safe Bulkers Company's common stock is listed on the NYSE where it trades under the symbol "SB".

Genco Shipping & Trading Limited engages in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels worldwide. It primarily transports iron ore, coal, grain, steel products, and other drybulk cargoes. The company charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 26, 2010, its fleet consisted of 35 drybulk carriers comprising 9 Capesize, 8 Panamax, 4 Supramax, 6 Handymax, and 8 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 2,903,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is based in New York, New York.

MC Shipping is owned by an investment fund managed by Irving Place Capital, an affiliate of private equity firm Bear Stearns Merchant Banking. MC Shipping knows the rap when it comes to ocean freight transportation. The company's fleet of more than 20 vessels consists mainly of LPG (liquefied petroleum gas) carriers; it also includes containerships. MC Shipping leases its vessels on time charters, bareboat charters (in which the lessee provides its own crew), and spot charters. Day-to-day operation of the company's fleet is overseen by independent ship-management companies. It has offices in Indonesia, London, Monaco, and Singapore.

Rail Cargo Austria is a unit of Austria's state-owned railway system, Oesterreichische Bundesbahnen (OBB). Freight railway operator Rail Cargo Austria transports approximately 100 million tons per year of agricultural and automotive products, building materials, chemicals, consumer goods, paper, pharmaceutical, steel, and other goods throughout the nation, as well as to neighboring countries in Central and Eastern Europe. Along with its primary freight transportation operations, the company provides a wide range of logistics services, including freight forwarding, warehousing, and intermodal services, which involve the transportation of cargo by multiple methods, such as train, truck, and ship.

Jets, not bows, power this Arrow. Arrow Air, which does business as Arrow Cargo, flies freight between the US and points south. Operating a fleet of DC-8s and DC-10s from its hub in Miami, the company serves more than 20 cities in Central and South America and the Caribbean. Arrow Cargo's facilities include a 67,000 sq. ft. refrigerated warehouse and more than 155,000 sq. ft of dry cargo space. The company's customers, which consist primarily of freight forwarders, passenger and cargo airlines, and other transportation providers, also include the United States Postal Service and the US Department of Defense. Arrow filed for Chapter 11 bankruptcy protection in mid-2010.

EPES Carriers is one of the largest private transportation companies in the southeastern US. Through its subsidiaries, EPES Carriers covers the US, Canada, and Mexico with a fleet of some 1,100 tractors and 3,300 trailers. Its Epes Transport Systems provides US truckload service; Epes Logistic Services arranges for truckload deliveries in the continental US, Canada, and Mexico; Epes Freight Management handles expedited, less-than-truckload, and truckload management services such as carrier bid negotiations, claim filing, freight quotes, and routing; and Texas Star Express handles truckload for the midwest and southwest US.

Kirby Corporation, through its subsidiaries, provides marine transportation and diesel engine services to the marine and power generation markets in the United States. Kirby Corporation operates in two segments, Marine Transportation and Diesel Engine Services. The Marine Transportation segment engages in the inland transportation of petrochemicals, black oil products, refined petroleum products, and agricultural chemicals by tank barges; and offshore transportation of dry-bulk cargoes by barges, as well as offers transportation services for inland and offshore barge operators, oil service companies, offshore fishing companies, the USCG, and the United States Navy. As of February 27, 2009, this segment owned and operated 863 inland tank barges, 213 inland towboats, 4 offshore dry-cargo barges, 4 offshore tugboats, and an offshore shifting tugboat, as well as a bulk liquid terminal. The Diesel Engine Services segment involves in the overhaul and repair of medium-speed and high-speed diesel engines and reduction gears, and related parts sales in the marine market. This segment also provides aftermarket services for vessels powered by diesel engines utilized in various inland and offshore marine industries; aftermarket services for diesel engines that provide standby, peak, and base load power generation to the users of industrial reduction gears, as well as for standby generation components of the nuclear industry in the power generation market; and aftermarket services and parts for shortline, industrial, and Class II and transit railroads in the railroad market. Kirby Corporation was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990 because of the changing emphasis of its business. Kirby Corporation was founded in 1969 and is based in Houston, Texas.

Marine transportation company Sea Star Line carries cargo between the US and Puerto Rico, the Dominican Republic, the US Virgin Islands, and the Caribbean on three combination roll-on/roll-off/lift-on/lift-off vessels. (The vessels are so named because shipping containers, cars, and heavy equipment can be rolled onto them on chassis or lifted on by cranes.) Saltchuk Resources, owner of Totem Ocean Trailer Express, owns 90% of Sea Star Lines; Puerto Rico-based Taino Star owns 10%. Sea Star is subject to the Jones Act, a federal law that allows only vessels controlled and operated by US companies to transport cargo between US ports.

Pioneer Railcorp owns and operates railroads in the United States. It operates railcars and locomotives, as well as provides railcar storage, railcar repair, railcar cleaning, businesses with railroad switching, and railroad equipment leasing services. The company was formerly known as Pioneer Railroad Company, Inc. Pioneer Railcorp was incorporated in 1986 and is based in Peoria, Illinois with additional offices in Monroeville and Andalusia, Alabama; Evansville and Elkhart, Indiana; Fort Smith, Arkansas; Garden City, Kansas; Gettysburg, Pennsylvania; Keokuk, Iowa; Holly Springs, Mississippi; Cairo, Vandalia, and Assumption, Illinois; and White Pigeon and Paw Paw, Michigan.

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