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  USF Logistics to Locate in Richmond

Richmond, VA -- May 10, 2001 -- Devon USA announced today that USF Logistics has selected the Enterchange at Walthall project as the location for a new regional warehouse & distribution facility. USF will occupy 116,000 sf of space in Enterchange Building C, which is the latest building to be completed in Devonís successful industrial park in Richmond, Virginia.

The project features 32 ft. clear ceiling heights, cross-docking, ESFR wet sprinkler systems, and extensive trailer parking on site. USF chose Enterchange following an extensive site-selection process which considered locations in several Virginia markets. The facility will be used for warehousing and distribution of Sara Lee products, primarily coffees and teas.

USF Logistics provides integrated supply chain solutions for its clients including transportation management, dedicated fleet, contract warehousing and dedicated cross-docking. Its parent company USFreightways (NASDAQ: USFC) provides comprehensive supply chain management services, including high-value next-day, regional and national less-than-truckload (LTL) transportation, logistics, domestic and international freight forwarding and premium regional and national truckload transportation.

Devon USA is a leading developer of warehouse & distribution facilities in Virginia. The company specializes in build-to-suit situations and currently has 1,030,000 sq. ft of space under construction. Devon owns and manages a diverse portfolio of commercial properties in Virginia and North Carolina, including office, retail, and warehouse/distribution facilities.

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