USCO Logistics Presents Annual Associate Awards

    HAMDEN, Conn.--April 14, 2003--

    - Chuck Arfsten earns Ray Jarr Memorial Award,
    company's highest honor -

    Chuck Arfsten is the 2002 recipient of the Ray Jarr Memorial Award, the highest honor granted by USCO Logistics, a leading North American provider of integrated supply chain solutions. The award, named for the late USCO Director of Risk Management, is presented annually to the associate who embodies the highest principles of integrity and teamwork. Mr. Arfsten is the Vice President of JCPenney Operations, and is based in Charlotte, N.C.
    In addition, USCO Logistics presented its annual associate awards for 2002. The award recipients, their titles and home bases are:

--	Operations Excellence Award: Brian Sulvester, Project Manager, JCPenney - Apex, N.C.
--	Distribution Center Managers of the Year: Kim Gentry - Charlotte, N.C., and Dave Britton - Joppa, Md.
--	Corporate Associate of the Year: Manny Silva, Vice President, Technical Services - Naugatuck, Conn.
--	Sales Award: Mike Rosen, Director, Supply Chain Solutions - Ontario, Calif.

    USCO Logistics is a wholly owned subsidiary of Kuehne & Nagel International AG, Schindellegi, Switzerland, a leading global logistics provider, with 17,500 employees at 600 locations in 94 countries. With Kuehne & Nagel, USCO Logistics -- which includes among its customers JCPenney, Wal-Mart, Nortel Networks, Sun Microsystems, Hoffman-LaRoche and AstraZeneca -- operates 15 million square feet of shared and dedicated distribution center space throughout North America. For more information, please visit www.usco.com or www.kn-portal.com .