Quality Distribution, Inc. Announces Reduction of its Self-Insured Auto Liability...

Quality Distribution, Inc. Announces Reduction of its Self-Insured Auto
Liability Deductible from $5 Million to $2 Million Per Occurrence

TAMPA, Fla., March 31 /PRNewswire-FirstCall/ -- Quality Distribution, Inc.
(Nasdaq: QLTY) (the "Company") announced that effective March 31, 2008, the
Company has purchased an insurance policy from subsidiaries of AIG to cover
all auto liability claims between $2 million and $5 million dollars. This
policy does not have an aggregate limit. The initial term of the policy is 18
months. Previously, the Company was responsible for the first $5 million of
any auto liability claim. The Company's current excess liability policy
covering claims between $5 million and $40 million remains unchanged.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041104/FLTH034LOGO )
Timothy B. Page, Chief Financial Officer said: "Reducing our self-
insurance exposure to $2 million for any one claim should reduce our exposure
to earnings volatility related to insurance expense. Furthermore, we are very
pleased that the premiums for this policy are not expected to increase our
total insurance expense beyond the level that the Company has previously
indicated."
Headquartered in Tampa, Florida, QDI, through its subsidiaries, Quality
Carriers, Inc. and Boasso America Corporation, and through its affiliates and
owner-operators, provides bulk transportation and related services. QDI also
provides tank cleaning services to the bulk transportation industry through
its QualaWash(R) facilities. QDI is an American Chemistry Council Responsible
Care(R) Partner and is a core carrier for many of the Fortune 500 companies
that are engaged in chemical production and processing.
This release contains certain forward-looking information that is subject
to the safe harbor provisions created by the Private Securities Litigation
Reform Act of 1995 and is subject to certain risks and uncertainties that
could cause actual results to differ materially from those expected or
projected in the forward-looking statements. Without limitation, these risks
and uncertainties include the Company's substantial leverage; economic
factors; downturns in customers' business cycles or in the national economy;
the cyclical nature of the transportation industry; claims exposure and
insurance costs; adverse weather conditions; dependence on affiliates and
owner-operators; changes in government regulation including transportation,
environmental and anti-terrorism laws; the Company's environmental remediation
costs; fluctuations in fuel pricing or availability; increases in interest
rates; potential disruption at U.S. ports of entry; changes in senior
management; the Company's ability to achieve projected operating objectives
and debt reduction in 2008; its ability to successfully integrate acquired
businesses or integrate affiliate businesses converted to Company-controlled
operations; and the Company's ability to attract and retain qualified drivers.
Readers are urged to carefully review and consider the various disclosures,
including but not limited to risk factors, contained in the Company's Annual
Report on Form 10-K for the year ended December 31, 2007 and its quarterly
reports on Form 10-Q, as well as other periodic reports filed with the
Securities and Exchange Commission. The Company disclaims any obligations to
update any forward-looking statement as a result of developments occurring
after the date of this release.
Contact: Timothy B. Page
Senior Vice President and Chief Financial Officer
800-282-2031 ext. 7376

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SOURCE Quality Distribution, Inc.

Timothy B. Page, Senior Vice President and Chief Financial Officer of Quality
Distribution, Inc., +1-800-282-2031 ext. 7376