NewLead Holdings Ltd. Announces Delivery of One Eco-Type Handysize Vessel

PIRAEUS, Greece, May 19, 2014 -- NewLead Holdings Ltd. (NEWL) ("NewLead" or the "Company") announced today that the "Newlead Albion", a 2012-built dry-bulk eco-type Handysize vessel of 32,318 dwt, was delivered to NewLead's fleet on Monday, May 19, 2014.

The Newlead Albion is trading on the spot market and is expected to generate $2.0 million EBITDA per year assuming $1.73 million yearly OPEX.

The Newlead Albion is one of the two eco-type vessels that the Company agreed to acquire in March 2014, as previously announced, for a total acquisition price of $37.0 million, $18.5 million each. Today, the market value of these vessels is estimated to be approximately $20.25 million each. The second vessel is expected to be delivered to NewLead's fleet, as scheduled, in July 2014.

Echo Global Logistics Reports Record First Quarter 2014; Revenue Up 21.4% Year Over Year

CHICAGO, IL- Apr 24, 2014 - Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, reported today financial results for the quarter ended March 31, 2014.

"Echo delivered a solid quarter with impressive growth both organically and through strategic acquisitions that have been successfully integrated into our business," stated Doug Waggoner, Chief Executive Officer of Echo. "While the first quarter was a challenging one for shippers and carriers alike, we are very proud of our ability to add significant value to our clients and asset-based transportation partners," stated Waggoner. He continued, "Despite a capacity constrained environment, we achieved a record quarter of both gross and net revenues."

Seanergy Maritime Holdings Corp. Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2013

Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP) announced today its financial results for the fourth quarter and twelve months ended December 31, 2013.

Financial Highlights:

Fourth Quarter 2013

• Net revenues of $6.3 million.
• EBITDA of $9.1 million.*
• Net income of $7.5 million.*

Twelve Months 2013

• Net revenues of $23.1 million.
• EBITDA of $20.5 million.*
• Net income of $10.9 million.*

(*) For more information we refer you to the EBITDA, Adjusted EBITDA and Adjusted Net Income (Loss) Reconciliation section contained in this press release.

YRC Worldwide in Talks With Teamsters on Revised Proposal

YRC Worldwide Inc. (YRCW) announced today that it is in discussions with officials of the International Brotherhood of Teamsters (IBT) to determine the next steps to move the company forward following last week's vote. The company plans to revise its proposal to both work within the requirements of the capital markets to refinance the company and protect the jobs of its 32,000 employees.

"It is clear the Teamsters understand the urgency of the current situation," said YRC Worldwide CEO James Welch. "Although the company must achieve operational costs savings in the agreement, we also understand that simply re-voting the same proposal is not an option." Welch explained, "Over the past few days, many employees have reached out to me expressing concern about the future of the company and about how they could protect their jobs."