Pacific CMA, Inc. is a global, non-asset based logistics/freight forwarder providing supply chain logistics services. The Company coordinates the shipping and the storage of raw materials, supplies, components and finished goods by air, sea, river, rail and road. Most of its revenue is derived from airfreight and ocean freight forwarding services for, which it is paid on a transactional basis. As of December 31, 2006, Pacific CMA maintained approximately 229 cargo agents located in 97 countries and 221 cities serving major gateways worldwide. The Company’s business was formed from a base of two freight forwarders, AGI Logistics (HK) Ltd. and Airgate International Corp. (Airgate). It does not own or operate any aircraft, ships, river barges or railroads, instead uses commercial freight air carriers, ships, river barges and railroads to provide the transportation services for freight forwarding.
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