Frontline Ltd., through its subsidiaries, engages in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. It primarily transports crude oil, as well as raw materials, such as coal and iron ore. The company’s very large crude carriers (VLCCs) primarily transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil Port. Its Suezmax tankers trade in the Atlantic Basin and the Middle East to the South East Asia. The company’s OBO carriers transport oil and dry cargo. In addition, it involves in the charter, purchase, and sale of vessels. As of December 31, 2009, it operated a tanker fleet consisting of 76 vessels comprising 41 VLCCs, which are between 200,000 and 320,000 deadweight ton (dwt); 27 Suezmax tankers that are vessels between 120,000 and 170,000 dwt; and 8 Suezmax OBOs, which are chartered, as well as had 5 VLCCs under its commercial management. Frontline Ltd. was founded in 1948 and is based in Hamilton, Bermuda.

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.”

J & J Denholm was founded in 1866 by the family of chairman John Denholm. Water is a big ingredient in the success of J & J Denholm. The company operates in a variety of marine industries through its four divisions. Denholm Shipping operates a fleet of ocean freighters and provides management and consulting services to other ship operators, while its industrial services division includes several operating units that supply painting, scaffolding, and decontamination services to the marine, oil, and gas industries. Other operations include Denholm Logistics (supply chain management) and Denholm Seafoods (fishing and fish processing).

Pilot Air Freight from the swift transport of your goods to their destination. With about 75 offices in the US and Canada and a network of agents around the world, the company, which does business as Pilot Freight Services, is the largest privately held US freight forwarder. It offers a variety of freight transportation options, including next-day, priority, and economy services, to domestic, retail, and military customers. As a freight forwarder, Pilot buys transportation capacity from carriers and resells it to shippers. In addition, the company offers logistics services, including warehousing and distribution. Chairman Richard G. Phillips owns the company.

With about 16,500 kilometers (10,200 miles) of track, Italy's government-owned Ferrovie dello Stato provides the backbone of the nation's rail transportation system. Ferrovie dello Stato operates through two main divisions: Trenitalia, which manages the transport of goods and passengers; and Rete Ferroviaria Italiana (RFI), which manages the railway network and maintains rail infrastructure. Services include high-speed passenger trains that can travel at more than 190 mph. Ferrovie dello Stato also manages Italy's main train stations and surrounding commercial complexes.

Guangshen Railway Company Limited, together with its subsidiaries, primarily provides passenger and freight transportation services on the Shenzhen-Guangzhou-Pingshi railway in the People's Republic of China. Guangshen Railway company’s freight services include the transportation of full load and single load cargo, containers, bulky and overweight cargo, dangerous cargo, fresh and live cargo, and oversized cargo. It also offers long distance passenger transportation services. In addition, Guangshen Railway company engages in the sale of food, beverages, and merchandise on board the trains and in railway stations. Further, it engages in the operation of a travel agency, as well as provision of services relating to warehousing, hotel management, cargo loading and unloading, catering management and services, advertising, and freight transportation and package agency services. Additionally, the company provides property management services, as well as involves in the supervision of construction projects. As of December 31, 2009, it operated 218 pairs of passenger trains, including 100 pairs of inter-city high-speed passenger trains between Guangzhou and Shenzhen; 13 pairs of Hong Kong Through Trains; and 105 pairs of long-distance passenger trains. Guangshen Railway company was founded in 1996 and is based in Shenzhen, the People's Republic of China.

Averitt Express provides less-than-truckload (LTL) freight transportation service. (LTL carriers combine freight from multiple shippers into a single trailer.)Averitt Express company operates a fleet of about 4,000 tractors and 11,250 trailers from a network of some 80 terminals. Averitt Express directly serves the southern US and Mexico, and it provides service elsewhere in North America through partnerships with other carriers such as Lakeville Motor Express and DATS. The company also offers truckload and expedited freight transportation, along with logistics, warehousing, and international freight forwarding. Customers have included Home Depot, Shoe Carnival, and V.F. Corporation.

Evergreen Shipping Agency (America) was founded in 1968. Evergreen Shipping Agency (America), formerly known as Evergreen America, serves as the US agent for its Taiwan-based parent, shipping giant Evergreen Marine Corporation, as well as two other shipping lines, Italia Marittima and Hatsu Marine Limited. As a shipping agent, the company provides ground-based administrative services and coordinates inland transportation of marine freight. Evergreen Shipping Agency (America) Corp. has about five logistics centers in the US and one in Canada, and it operates through agents in Latin America.

Aspo supports the energy and process industries in the Baltic Sea area. The group operates through four divisions: ESL Shipping, Leipurin, Telko, and Aspo Ventures. ESL Shipping transports raw materials for energy producers and heavy-industry sectors, while Leipurin specializes in supplying the bakery industry with ingredients, equipment, and other supplies. Its Telko chemicals unit imports and distributes industrial chemicals and plastic raw materials, and Aspo Ventures mainly offers maintenance services and automation systems for service stations under the Autotank and Kaukomarkkinat brands. Aspo expanded its operations in mid-2008 when it acquired Kauko-Telko Oy from fellow Finnish company Kesko Corporation.

Midwest Coast Transport (MCT) provides truckload transportation of dry goods and perishable commodities throughout the continental US with hubs in Chicago; Cincinnati; Sandford, Florida; and Sioux Falls, South Dakota. From its Florida office, MCT offers less-than-truckload foliage shipping. Its fleet of about 700 tractors and 1,100 trailers is operated mostly by independent contractors. In addition to for-hire freight transportation, MCT offers dedicated contract carriage (in which drivers and equipment are assigned to customers long-term) and logistics services. Founded in 1949, Midwest Coast Transport is a subsidiary of Comcar Industries.

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