6/28/2005
Allied Van Lines Agents Sign New Three-Year Contract
Deal Sealed During Busy Summer Season
CHICAGO, June 28, 2005 — Allied Van Lines announced today that Allied agents across the U.S. have accepted a three-year contract extension. The new contract was given unanimous support by the Allied Agents Association Contract Committee in April. The agreement comes during the strongest start to the summer season Allied has seen in five years, a development that has leaders at Allied and at Allied’s parent company, SIRVA, Inc., looking optimistically toward the future.
“I am pleased to announce that Allied’s agents have accepted this new contract,” said Michael McMahon, president of SIRVA Moving Services. “We are making significant progress together as we continue to align our strong agent network with our company’s relocation redefined? strategy.”
The contract is the result of a collaborative effort between Allied and the Allied Agents Association and its Contract Committee. Among other things, it provides improved economic incentive that will put Allied agents in position to compete for the most qualified labor and drivers in the industry, one of the biggest challenges facing movers today.
Tim Schneeman, general manager of Allied Van Lines, is encouraged by the agent support for Allied and the rebounding economy. “We are confident this new contract will provide Allied agents with a competitive advantage to help their businesses grow responsibly for years to come, allowing agents and the van line to continue investing in capacity and quality to further differentiate Allied in the marketplace.”
About Allied Van Lines
Established in 1928, Allied Van Lines, with more than 500 agent locations in North America, is an experienced leader in household goods moving and specialized transportation services. Allied is one of the established global brands of SIRVA, Inc. (NYSE: SIR), a leader in providing relocation services to corporations, consumers and governments around the world. For more information about Allied Van Lines, visit www.allied.com.
Forward-Looking Statements
This release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical, but are made based on management’s current expectations and beliefs concerning future developments and their potential effects upon SIRVA, Inc. and its subsidiaries. There can be no assurance that future developments affecting us will be those anticipated by management. These forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and other factors, including without limitation those described under the caption “Business-Investment Considerations” and other risks described in our 2003 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, and other reports we submit to the Securities and Exchange Commission from time to time. We do not intend, and are under no obligation, to update any particular forward-looking statement included in this release.
Media Contacts
Judy Wohlt
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Corporate Communications
630.468.4886 (work)
630.802.1299 (cell)
Alana Hartman
Associate
Corporate Communications
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