Tacoma, WA – May 17, 2011 – Interstate Distributor Co. (IDC), the 12th largest U.S. truckload carrier, has been acquired by Saltchuk Resources, Inc., a Seattle-based family of companies with significant operations in the transportation industry.

“Saltchuk provides an ideal home for our people, our customers and our brand,” explained IDC CEO George N. Payne. “Becoming a member of the Saltchuk family of companies enables IDC to strengthen our existing customer partnerships and to aggressively pursue new opportunities.”

IDC will be an independent operating company within the Saltchuk family of companies. There are no plans to change the name, the brand or the color of the trucks. The current management team is staying in place and there are no anticipated changes to the daily operations of IDC.

Tim Engle, Saltchuk Resources’ President, said “We’re very impressed by IDC’s employees who have an excellent record of safety and customer service. We plan to give IDC the resources and support to become even more successful in the years to come.”

Saltchuk’s strong balance sheet will allow IDC to purchase new tractors and to expand its variable capacity program. “Saltchuk provides IDC with a larger capital base to invest in updating our fleet of trucks and it furthers our efforts to strengthen partnerships with customers, vendors and other stakeholders,” said CEO Payne.

“Each of our operating companies is independently managed as a standalone business,” said Engle. “What brings our broader organization together and ties us as one is our collective commitment to safety, integrity and exceptional performance.”

IDC is excited about possible synergies with Saltchuk sister companies such as Totem Ocean Trailer Express, SeaStar Lines, Northern Air Cargo and Spectrum Logistics. “We look forward to expanding the shipping options available to our customers,” Payne said.

Saltchuk is committed to investing capital into its businesses and to holding them for the long term. “Our intent is to provide the capital and other necessary resources to our family of companies and allow them to manage their respective businesses as they see fit,” Engle said.

The transaction closed May 17, 2011. Saltchuk acquired 100% of the company’s stock and is also leasing with options to purchase IDC’s terminals in Tacoma, WA, Orland, CA, Fontana, CA and Lebanon, TN.

Headquartered in Tacoma, WA, Interstate Distributor Co. is a leading provider of transportation services. Services include local, regional and transcontinental coverage, specialized and refrigerated equipment, dedicated fleets, intermodal and logistics management services. With terminal and yard facilities located in all major markets throughout the United States, Western Canada and the Mexican border, IDC has grown to establish a national presence in the transportation industry. Established in 1933, IDC currently has more than 2,500 employees and is one of the largest truckload carriers in the United States. For more information visit www.intd.com.

Formed in 1982, Saltchuk is a family of diverse companies focused in transportation, real estate and energy. With the addition of Interstate, Saltchuk now employs over 7,500. Saltchuk is privately owned and based in Seattle. For more information, visit www.saltchuk.com.