DF Young was founded in 1903. Daniel F. Young provides air and ocean freight forwarding, customs brokerage, and logistics services to multinational businesses. The company, known as DF Young, also offers ground transportation, including full-truckload (FTL) and less-than-truckload (LTL) transportation, door to door service, and inter-coastal barge transportation. (Freight forwarding companies purchase transportation capacity from carriers and resell it to customers; LTL carriers consolidate freight from multiple shippers into a single trailer.) It operates in five main industry areas: automotive, commercial goods, humanitarian cargo, foreign military sales, and petrochemical. Subsidiary Young Air Cargo Corporation arranges chartered transportation for high security or expedited cargoes.

Watkins Associated Industries does business over the road, on the ground, and by the sea. Its trucking businesses include Highway Transport (liquid bulk cargo, such as chemicals and petroleum), Land Span (general cargo), Sunco Carriers (refrigerated cargo), and Watson Truckload Services (regional general cargo). Other units engage in real estate development (apartment complexes and shopping centers), door and window manufacturing (Tucker Door and Trim Corp.), property and casualty insurance, and seafood processing (Tampa Maid Foods). Bill Watkins founded the family-owned company in 1932 with a $300 pickup truck.

Liquid Transport hauls bulk cargo from a network of more than 15 terminals, mainly in the eastern half of the US. Cargo carried by the company includes asphalt, chemicals, and petroleum products. Its intermodal services include trucking, cleaning, lifting, maintenance, and testing. Ecoff Trucking, which was founded in 1936, acquired Liquid Transport in 1959 and later took the Liquid Transport name.Liquid Transport company is owned by Ron Dana and is a member of The Dana Companies, a group of chemical common carrier transportation businesses. Liquid Transport's relationship with The Dana Companies gives it access to more than 6,000 trailers and extends its total geographic reach to about 70 terminals.

DRS was formed in 1996 following the privatization of the UK railroad in order to transport radioactive and hazardous materials for then parent British Nuclear Fuels Limited. Its current parent is the Nuclear Decommissioning Authority. Direct Rail Services (DRS) has a track record in the UK rail freight business. Its freight operations primarily transport spent nuclear fuel from UK power stations to the Nuclear Decommissioning Authority's Sellafield reprocessing plant. Direct Rail Services Limited also moves bulk chemicals and low-level nuclear waste as well as consumer goods and time sensitive material across the country.

FreeSeas Inc., through its subsidiaries, operates as an international dry bulk shipping company. The company transports various dry bulk commodities, including coal, grains, and iron ore, as well as bauxite, phosphate, fertilizers, steel products, sugar, and rice worldwide. As of December 31, 2008, its fleet consisted of seven Handysize vessels and two Handymax vessels. FreeSeas Inc. was founded in 2004 and is based in Piraeus, Greece.

A company on the fast track, MTR operates Hong Kong's commuter railway system. The company's network was expanded significantly in 2007 through a combination with the rail operations of Kowloon-Canton Railway. Overall, MTR operates about 210 km of track in Hong Kong, Kowloon, the New Territories, and mainland China, plus a light rail network in the New Territories, an airport express line, and bus feeder services. Although railway operations make up the bulk of its business, MTR also manages residential and commercial properties near its stations. Through its Octopus Cards subsidiary, the company provides smart card technology for fare collection. The Hong Kong government owns a controlling stake in MTR.

Transtar's strength is rooted in its robust transport services. The company, which moves steel and other products on trains and barges, was formed in the 19th century to serve its parent, steelmaker U.S. Steel. Transtar works from start to finish, hauling raw materials such as iron ore, limestone, coal, and coke to sites; providing in-plant transportation; and moving finished products. In addition to handling transportation for U.S. Steel, Transtar transports freight for other steel companies and for customers in the coal, chemical, oil refining, and forest products industries. Transtar operates subsidiaries in Alabama, Pennsylvania, Illinois, Ohio, Michigan, and Texas.

Trailer Bridge, Inc., an integrated trucking and marine freight carrier, provides freight transportation services between the continental United States, Puerto Rico, and the Dominican Republic. It provides services through southbound containers and trailers, as well as through marine vessels that are configured to carry 48 inch and 53 inch long, and 102 inch wide high-cube equipment. The company also involves in moving new and used automobiles, non-containerized or freight not in trailers, and freight moving in shipper owned or leased equipment. It offers highway transportation services in the continental United States; and marine transportation services between Jacksonville, Florida, San Juan, Puerto Rico and Puerto Plata, and the Dominican Republic. The company also provides rail transportation services. In addition, it engages in chartering its vessels that are not in liner service to third party operators. Trailer Bridge, Inc. ships furniture, apparel, consumer goods, and raw materials for manufacturing, electronics, apparel, and new and used automobiles to Puerto Rico; and healthcare products, pharmaceuticals, electronics, shoes, and recyclables from Puerto Rico. As of December 31, 2009, it owned and operated a fleet of 134 tractors comprising 80 company owned units, and 54 leased and owner operated units; 3,924 high cube containers; 3,158 chassis; 210 high-cube trailers; 299 vehicle transport modules; 204 dry van trailers; 2 736’ triple-deck, ro/ro ocean-going barges and 2 403’ TBC’s, as well as leased 314 chassis and 482 high-cube containers, and chartered 3 TBC’s. Trailer Bridge, Inc. was founded in 1991 and is headquartered in Jacksonville, Florida.

General Steamship Agencies, Inc. is an acknowledged industry leader in providing ship agency services in North America. With roots in San Francisco, California dating back to 1920, our tramp agency network has staffed offices that span the entire continent. Our years of dedicated service to ship owners, charterers, shippers and receivers have prepared us well to take on future challenges. Our domestic and worldwide customer base consists of principals who nominate and appoint us on vessels of all types and sizes and which carry just about every commodity presently being imported to and exported from North America. We also regularly handle drydockings and military vessels. Our cruise divisions service passenger vessels on all US coasts and up into Canada and Alaska. Whether you require full or protective agency services, the experienced team at General Steamship Agencies, Inc. stands ready to assist you 24 hours a day, 7 days a week and 365 days a year.

NewLead Holdings Ltd. is an international shipping company that owns a fleet of dry bulk carriers and double-hull product tankers. We provide ideal solutions for sea transportation requirements and play a significant role in meeting the worldwide demand for distribution of petroleum products and dry bulk commodities. With an experienced management team focused on operational excellence and the ability to leverage strong relationships with significant customers, industrial partners, financial institutions and shipyards, we will endeavor to capitalize on the dynamics of the shipping industry, expand the Company and create shareholder value. NewLead Holdings Ltd. is a Bermuda-registered company that trades on the NASDAQ Capital Markets under the symbol “NEWL.”

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