JEROME NERMAN, CO-FOUNDER OF ARROW TRUCK SALES, INC. RECEIVES TRUCK BLUE BOOK’S 2007 INDUSTRY ACHIEVEMENT AWARD

Sep 2007

KANSAS CITY, MO (September 18, 2007) – Jerome Nerman, co-founder of Arrow Truck Sales, Inc., received Truck Blue Book’s inaugural Industry Achievement Award during ceremonies at Truck Blue Book’s 2007 Workshop, held in San Antonio, TX. Jerome started Arrow in 1950 from a small used truck lot in downtown Kansas City, Missouri. Today, Arrow operates 18 retail locations across North America.

“We are very proud to be able to present this distinguished award to Jerry,” said Terry Williams, Truck Blue Book editor and conference manager. Terry added, “Jerry's industry leadership, know how and innovation made him the ideal first recipient of this award. Having been in the industry over 50 years, Jerry has established strong fellowships among industry leaders and has been very active in various kinds of community contributions.”

Under Jerry's direction, criteria will be established for future Jerome Nerman Industry Achievement Awards, presented by The Truck Blue Book. Due to the significance of this award, it will only be given periodically to truly outstanding candidates within the industry. Additionally, a local Kansas City artist will be commissioned to design the award.

“I am very excited to have my name attached to this industry award,” said Jerry. “It will highlight leaders who get involved, first: personally, second: in the community and third: in their business network. There should be a demonstrated lifetime of growth from their own neighborhood to the greater community in which they live. You gotta give back".

Carl Heikel, Arrow’s President and CEO, had a few personal things to say about Jerome: “Over a short period of time, I have become very good friends with Jerry, and his wife, Margaret. Jerry’s vision, both in and outside the industry, is really amazing. Jerry is such an inspiration to us all. I respect his continued professionalism, as well as his contributions within the trucking community, not to mention his ‘giving back’ to the general community through his support of contemporary art.”

Jerome co-founded Arrow with the late Melvin Spitcaufsky. Arrow Truck Sales, Inc. is North America’s leading source for pre-owned trucks and carries all makes and models, maintaining a diverse inventory of more than 2,000 over-the-road tractors, vocational and specialty vehicles, and trailers. Arrow’s commitment to integrity, quality, value, and selection has earned the business of fleets and owner-operators across North America.

Arrow Truck Sales, Inc. is part of the Volvo Group of companies, a publicly-held company headquartered in Gothenburg, Sweden. With 2006 sales of approximately $34 billion, Volvo’s business areas include heavy trucks, buses, construction equipment, marine and industrial drive systems, aerospace, and financial services.