Performance Transportation Services, Inc. Announces Resignation of Jack Stalker as Chief Financial Officer

DETROIT, Feb. 28, 2006 -- Performance Transportation Services, Inc., ("PTS") announced that Jack Stalker, who has served as Vice President and Chief Financial Officer of PTS since September 2005, has resigned effective March 15, 2006 to pursue other interests.

Mr. Stalker's responsibilities will be assumed by members of his current team and the company's financial consultants, FTI Consulting, until a permanent CFO is named. A search for a permanent CFO will begin immediately.

"PTS is grateful to Jack for assuming the CFO role during a very challenging time for the Company. Jack worked tirelessly for PTS over the last several months to help us through a difficult period and to keep all of our suppliers shipping and our trucks on the road. We thank him and wish him well in his future endeavors," said Jeff Cornish, PTS President and Chief Executive Officer.

The Company's Chapter 11 petitions were filed in the United States Bankruptcy Court for the Western District of New York, Buffalo. Details regarding the filing can be found at http://www.pts-inc.biz/ and at http://www.bmcgroup.com/pts.

About PTS

Performance Transportation Services, Inc. is the second largest transporter of new automobiles, sport-utility vehicles and light trucks in North America. PTS operates under three key transportations business lines including: E. and L. Transport, Hadley Auto Transport and Leaseway Motorcar Transport, which together deliver approximately 3.8 million new cars and light trucks annually.