University of Maryland Business School Is Recipient of New IANA Scholarship Program

Fort Lauderdale, FL, November 13, 2006 The Intermodal Association of North America (IANA) today announced that it has created a scholarship program to encourage freight transportation-related management development and has selected the University of Marylands Robert H. Smith School of Business as a recipient of the first years award.

The 2007 scholarship program will be made possible by a $30,000 gift from IANA to the Smith School. The scholarships will benefit undergraduate students in the Smith Schools Logistics, Transportation and Supply Chain Management (LTSCM) Fellows Program, which is set to launch in 2007 and includes exposure to the intermodal industry through field trips, participation in trade shows, presentations, speakers and internships.

The announcement marks the start of an effort by IANA to help increase understanding of intermodal transportation and its key role in strengthening the global economy via initiatives that support management development within the industry. The Smith School was selected as a recipient because its top-ranked logistics and supply chain management program has a strong focus on intermodalism. Michael B. Wilson, chairman of IANA, presented the gift to Elizabeth Mitchell, director of development at the University of Marylands Robert H. Smith School, during the Intermodal Expo in Fort Lauderdale.

This program is an important step to assure that talented students who are enrolled in transportation-related programs receive substantial assistance in reaching their educational goals, Wilson said. The announcement of this program begins a long-term effort to support excellent, market-oriented academic programs. The selection process was careful and thorough, and we congratulate the Robert H. Smith School for winning this award.

In creating these scholarships IANA is helping the Smith School ensure the next generation of logistics and supply chain management professionals is well prepared to manage complex intermodal supply chains and to address the challenges facing the global transportation system, said Howard Frank, dean of the University of Marylands Robert H. Smith School of Business. IANAs gift will make it possible for a number of deserving Smith students to explore the excitement of a career focused on logistics and intermodal transportation.

The Smith Schools logistics, transportation and supply chain management program is consistently recognized among the best business school programs in the country. U.S. News & World Report ranked the undergraduate program No. 6 in the United States in 2006.

About the Intermodal Association of North America
The Intermodal Association of North America is the leading organization representing the combined interests of the intermodal freight transportation industry. Members include motor, water and rail carriers, intermodal marketing companies and suppliers that provide services such as leasing and technology. IANA provides its members with legislative and regulatory updates, reliable industry data, educational forums, networking opportunities and important industry news and information.

About the Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research for the digital economy. One of 13 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, Executive MBA, Executive MS, PhD, and non-degree executive education programs, as well as outreach services to the corporate community. The school offers its programs in learning locations on four continents including North America, Europe, Africa and Asia.