PolyOne Corp. Renews Contract with Schneider Logistics Inc.

Three-Year Extension Continues Focus on Logistics and Transportation Management Services

Green Bay, Wis.-Feb. 1, 2005-Schneider Logistics Inc., an international lead logistics provider, today announced that PolyOne Corp. has extended its contract for an additional three years effective January 1, 2005. Under the contract, the $2 billion polymer-services company will continue to take advantage of Schneiders transportation management, freight payment services, proprietary supply chain technology and business intelligence tools, enabling PolyOne to increase efficiency, reduce transportation costs and improve customer service.

Schneiders expertise in carrier and rate management, plus excellent service-performance reporting capabilities, has enabled us to keep carrier costs lower than our competitors and deliver improved service to our customers, said Steve Feliccia, director of corporate logistics at PolyOne. Schneider consistently meets the distinctive transportation needs of our business units, provides a full scope of business intelligence tools and offers deployable, reliable access to transportation capacity.

Since January 2003, PolyOne has worked with Schneider to schedule and route deliveries, negotiate contracts to stabilize cost structures and establish new carrier performance measurement standards. The company also uses Schneider Payment Services to manage payments for all PolyOne freight, including rail and bulk shipments not directed by Schneider. Overall, PolyOnes relationship with Schneider has enabled it to consolidate carriers and keep deliveries on track by maximizing routing, optimizing loads and establishing connections to shipping facilities.

Through a broad range of services and an on-site staff, Schneider provides PolyOne with a unique combination of expertise and advanced technology that improves efficiency, allowing PolyOne greater focus on its core business, said Schneider Logistics President Tom Escott. The renewed contract with PolyOne is a testament to Schneiders ability to deliver significant results and enhance complex supply chain and transportation processes.