2007 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

                                                                   Exhibit 10.26

                          SUMMIT GLOBAL LOGISTICS, INC.

                   2007 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

                       ARTICLE I - PURPOSE; EFFECTIVE DATE

         1.1 PURPOSE. The purpose of this SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
(hereinafter,  the "Plan") is to permit a select group of  management  or highly
compensated  employees  of  Summit  Global  Logistics,  Inc.  (and its  selected
subsidiaries  and/or  affiliates) to defer the receipt of income which otherwise
would become payable to them. It is intended that this Plan, by providing  these
eligible  employees an opportunity  to defer the receipt of income,  will assist
the Company (as hereinafter defined) in retaining and attracting  individuals of
exceptional ability by providing them with an additional opportunity to save for
retirement beyond Code (as hereinafter defined) limitations imposed on qualified
retirement  plans.  This Plan is intended to be  "unfunded"  for purposes of the
Employee Retirement Income Security Act of 1974, as amended ("ERISA").

         1.2 EFFECTIVE DATE. This Plan shall be effective as of January 1, 2007.
It is the intent that all of the amounts  deferred and benefits  provided  under
this  Plan  will  comply  with  the  terms  of  Section  409A  of the  Code  and
interpretive guidance issued thereunder.

         1.3 UNFUNDED  PLAN.  This plan is an unfunded  top-hat plan  maintained
primarily  to provide  deferred  compensation  benefits  for a "select  group of
management or highly-compensated  employees" within the meaning of Sections 201,
301, and 401 of ERISA, and therefore is exempt from the provisions of Parts 2, 3
and 4 of Title I of ERISA.

                            ARTICLE II - DEFINITIONS

         For the  purpose  of this  Plan,  the  following  terms  shall have the
meanings indicated, unless the context clearly indicates otherwise:

         2.1  ACCOUNT(S).  "Account(s)"  means the notional  account or accounts
maintained  on the books of the  Company  used  solely to  calculate  the amount
payable to each Participant  under this Plan and shall not constitute a separate
fund of assets.  Account(s)  shall be deemed to exist from the time  amounts are
first  credited  to such  Account(s)  until  such time that the  entire  Account
balance  has been  distributed  in  accordance  with  this  Plan.  The  Accounts
available for each Participant shall be identified as:

                  (a) DEFERRAL ACCOUNT;

                  (b) IN-SERVICE ACCOUNT; AND,

                  (c) RETENTION ACCOUNT.

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         2.2 BENEFICIARY.  "Beneficiary" means the person,  persons or entity as
designated  by the  Participant,  entitled  under Article VI to receive any Plan
benefits payable after the Participant's death.

         2.3 BOARD. "Board" means the Board of Directors of the Company.

         2.4 CHANGE OF CONTROL. "Change of Control" means:

                  (a) a change in the  ownership  or  effective  control  of the
Company,  or in the  ownership  of a  substantial  portion  of the assets of the
Company,  as defined and determined under Section  409A(a)(2)(A)(v)  of the Code
(or its successor  provisions),  Treasury  Notice  2005-1 and Proposed  Treasury
Regulation  1.409A-1 and any further  interpretive  guidance issued  thereunder.
Without in any way limiting  the scope of the  preceding  sentence,  a Change of
Control  shall be deemed to occur on the date  upon  which one of the  following
events occurs:

                           i.  any one person (as such term is used in  Sections
13(d) and  14(d)(2) of the  Securities  Exchange  Act of 1934,  as amended  (the
"Exchange  Act"), or more than one person acting as a group (as determined under
applicable  Treasury  regulations),  acquires  ownership of stock of the Company
that,  together with stock held by such person or group,  constitutes  more than
50% of either the total fair market  value or total voting power of the stock of
the Company (except that the acquisition of additional control of the Company by
the same person or persons  during such  12-month  period is not  considered  to
cause a change in control of the Company); or

                           ii.  any  one  person  (as  such  term is used in the
Exchange  Act), or more than one person acting as a group (as  determined  under
applicable Treasury regulations),  acquires (or has acquired during the 12-month
period  ending  on the date of the most  recent  acquisition  by such  person or
persons)  ownership of stock of the Company  possessing 35% or more of the total
voting power of the Company (except that the  acquisition of additional  control
of the Company by the same person or persons during such 12-month  period is not
considered to cause a change in control of the Company); or

                           iii. a majority  of members of the Board is  replaced
during any 12-month  period by directors  whose  appointment  or election is not
endorsed  by a majority  of the  members  of the Board  prior to the date of the
appointment or election; or

                           iv.  any  one  person  (as  such  term is used in the
Exchange  Act), or more than one person acting as a group (as  determined  under
applicable Treasury regulations),  acquires (or has acquired during the 12-month
period  ending  on the date of the most  recent  acquisition  by such  person or
persons) assets from the Company that have a total gross fair market value equal
to or more than 40% of the total gross fair market value of all of the assets of
the Company immediately prior to such acquisition or acquisitions.

         2.5 CODE.  "Code" means the Internal  Revenue Code of 1986, as amended,
and any successor thereto.

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         2.6  COMMITTEE.   "Compensation   Committee"   means  the  Compensation
Committee appointed by the Board to administer the Plan pursuant to Article VII.

         2.7 COMPANY.  "Company"  means  Summit  Global  Logistics,  Inc., a New
Jersey corporation or any successor to the business thereof; provided,  however,
that for  purposes of  eligibility  to  participate  in the Plan and  employment
status,  Company shall include any directly or indirectly  affiliated subsidiary
corporations, any other affiliate designated by the Board.

         2.8  COMPENSATION.  "Compensation"  means the base  salary  payable  to
Participant  and bonus or incentive  compensation  earned by a Participant  with
respect to employment  services performed for the Company by the Participant and
considered  to be "wages" for purposes of federal  income tax  withholding.  For
purposes of this Plan only,  Compensation  shall be calculated  before reduction
for any  amounts  deferred by the  Participant  pursuant  to the  Company's  tax
qualified  plans which may be maintained  under Section 401(k) or Section 125 of
the Code but shall exclude "wages" associated with the exercise of stock options
by the Participant or income arising from other equity  instruments (e.g., stock
units,  restricted  stock units or restricted  stock)  awarded to a Participant.
Inclusion of any other forms of compensation,  including commissions payable, is
subject to Committee approval.

         2.9 DEFERRAL ELECTION. "Deferral Election" means an irrevocable written
commitment  made by a Participant to defer a portion of his/her  Compensation as
set  forth  in  Article  III,  and as  permitted  by the  Committee  in its sole
discretion.  The Deferral  Election shall apply to each payment of salary and/or
bonus  payable to a  Participant,  and shall  specify the Account or Accounts to
which the Compensation  deferred shall be credited.  Such  designation  shall be
made in the form of a whole  percentage or an exact stated dollar  amount.  Such
Deferral  Election  shall  be  made on an  Election  Form  and at a time  deemed
acceptable to the  Committee.  A Deferral  Election with respect to any bonus or
incentive  compensation which is based on services performed over a period of at
least twelve (12) months shall be made no later than six (6) months prior to the
end of such performance period.

         2.10 DEFERRAL  PERIOD.  "Deferral  Period"  means each  calendar  year,
except that if a  Participant  first becomes  eligible  after the beginning of a
calendar year,  the initial  Deferral  Period shall be the date the  Participant
first  becomes  eligible  to  participate  in this Plan  through  and  including
December  31st of that  calendar  year.  For  purposes of  deferrals  related to
Participant's  annual bonus or other  incentive  based  compensation,  "Deferral
Period" shall mean the Company's Fiscal Year.

         2.11 DETERMINATION DATE. "Determination Date" means each business day.

         2.12 DISABILITY.  "Disability"  means the Participant is: (i) unable to
engage  in  any  substantial   gainful  activity  by  reason  of  any  medically
determinable  physical or mental  impairment  which can be expected to result in
death or can be  expected  to last for a  continuous  period of not less than 12
months,  or (ii) by  reason of any  medically  determinable  physical  or mental
impairment  which can be  expected to result in death or can be expected to last
for a continuous period of not less than 12 months, receiving income replacement
or other  disability  benefits  for a period of not less than 3 months  under an
accident and health plan covering employees of the participant's employer.

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         2.13 DISTRIBUTION ELECTION.  "Distribution  Election" means the form of
payment for benefits  payable from each Account  under this Plan,  as elected by
the Participant on an Enrollment Form prescribed by the Committee.

         2.14 FINANCIAL HARDSHIP.  "Financial Hardship" means a severe financial
hardship  to the  Participant  resulting  from an  illness  or  accident  of the
Participant,  the  Participant's  spouse,  or a dependent (as defined in Section
152(a) of the Code) of the Participant,  loss of the Participant's  property due
to casualty,  or other similar  extraordinary  and  unforeseeable  circumstances
arising as a result of events beyond the control of the  participant,  provided,
that such  financial  hardship  may not be  relieved  through  reimbursement  or
compensation  from insurance or otherwise,  by liquidation of the  Participant's
assets,  to the extent the  liquidation  of such assets  would not cause  severe
financial   hardship,   or  by  cessation  of  deferrals  under  the  Plan.  The
determination  of whether a Financial  Hardship  exists  shall be subject to and
determined in accordance with relevant tax guidance issued under Section 409A of
the Code.

         2.15  INTEREST.  "Interest"  means the  amount  credited  to or charged
against a Participant's  Account(s) on each  Determination  Date, which shall be
based on the Valuation  Funds chosen by the  Participant  as provided in Section
2.21, below and in a manner  consistent with Section 4.3, below. Such credits or
charges to a Participant's Account may be either positive or negative to reflect
the  increase  or  decrease  in  value of the  Account  in  accordance  with the
provisions of this Plan.

         2.16 PARTICIPANT.  "Participant"  means any individual who is eligible,
pursuant to Section 3.1, below, to participate in this Plan, and who either, has
elected to defer  Compensation  under this Plan in accordance  with Article III,
below,  or who is determined  by the  Committee in its sole  discretion as being
eligible  to  receive  a  Retention  Contribution  under  this  Plan.  Such  its
individual  shall remain a Participant  in this Plan for the period of deferral,
or credit, and until such time as all benefits payable under this Plan have been
paid in accordance with the provisions hereof.

         2.17 PLAN. "Plan" means this Supplemental  Executive Retirement Plan as
amended from time to time.

         2.18 QUALIFIED PLAN. "Qualified Plan" means the defined contribution or
401(k) plan in which the Participant participates.

         2.19 RETENTION CONTRIBUTION.  "Retention Contribution" means the annual
discretionary  contribution,  if any,  made by the Company to the  Participant's
Retention Account under Section 4.5, below.

         2.20 RETIREMENT.  "Retirement" means the termination of a Participant's
employment with the Company,  for reasons other than death or Disability,  on or
after the earlier of: (a)  attainment  of age 55 with at least ten (10) years of
continuous service with the Company; or (b) attainment of age sixty-five (65).

         2.21 SPECIFIED EMPLOYEES. "Specified Employees" means key employees, as
defined in Section  416(i) of the Code without  regard to paragraph (5) thereof,
of the Company.

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         2.22  VALUATION  FUNDS.  "Valuation  Funds"  means  one or  more of the
hypothetical  investment funds or indices managed by an investment  manager that
are  selected  by the  Committee.  These  Valuation  Funds  are used  solely  to
calculate  the Interest  that is credited to each  Participant's  Account(s)  in
accordance  with  Article  IV,  below,  and not  represent,  nor should  they be
interpreted  to convey any  beneficial  interest or ownership on the part of the
Participant  in any asset or other  property of the  Company.  Participants  may
allocate their Account(s)  between  Valuation  Funds.  Exhibit A attached hereto
sets forth the available  Valuation Funds which may be amended from time to time
in the sole and absolute discretion of the Committee.

                   ARTICLE III - ELIGIBILITY AND PARTICIPATION

         3.1 ELIGIBILITY AND PARTICIPATION.

                  (a) ELIGIBILITY.  Eligibility to participate in the Plan shall
be limited to those senior  management  employees of the Company who have annual
compensation equal to or in excess of $220,000 or who are designated as eligible
to participate by the Committee from time to time.

                  (b) PARTICIPATION.  An individual's  participation in the Plan
shall be effective upon  notification  to the individual by the Committee or its
designee  of  his/her   eligibility  to  participate,   and  the  earlier  of  a
contribution  under  this Plan being  made on behalf of the  Participant  by the
Company or the completion and submission of an Enrollment Form, Allocation Form,
and a  Distribution  Election to the  Committee  no later than fifteen (15) days
prior to the beginning of the Deferral Period.

                  (c) FIRST-YEAR PARTICIPATION. When an individual first becomes
eligible to  participate  in this Plan, a Deferral  Election may be submitted to
the  Committee  within  thirty  (30)  days  after  the  Committee  notifies  the
individual  of  eligibility  to  participate.  Such  Deferral  Election  will be
effective  only  with  regard  to  Compensation  earned  and  payable  following
submission of the Deferral Election to the Committee.

         3.2 FORM OF DEFERRAL  ELECTION.  A Participant may irrevocably elect to
make a Deferral  Election no later than fifteen (15) days prior to the beginning
of the  Deferral  Period by  submitting  the  Enrollment  Form  permitted by the
Committee. The Deferral Election shall specify the following:

                  (a) DEFERRAL AMOUNTS;  ACCOUNTS.  A Deferral Election shall be
made with  respect to each payment of  Compensation  payable by the Company to a
Participant  during the Deferral Period, and shall designate the portion of each
deferral  that shall be  allocated  among  either  the  Deferral  or  In-Service
Accounts.  In addition,  no amounts shall be deferred into an In-Service Account
once payments have commenced under the terms of this Plan and until such time as
the entire Account  Balance has been  completely  distributed.  The  Participant
shall set forth the amount of his salary to be  deferred  as a whole  percentage
amount of Compensation,  and with respect to the deferral of bonus Compensation,
a stated  dollar  amount  or a whole  percentage  amount  above a stated  dollar
amount.

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                  (b)  ALLOCATION  TO VALUATION  FUNDS.  The  Participant  shall
specify in a  separate  form  (known as the  "Allocation  Form")  filed with the
Committee,  the  Participant's  initial  allocation of the amounts deferred into
each Account among the various available Valuation Funds.

                  (c) MAXIMUM DEFERRAL.  The maximum amount of Compensation that
may be deferred shall be no more than seventy-five  percent (75%) of base salary
and one hundred percent (100%) of annual bonus or incentive compensation.

         3.3 PERIOD OF COMMITMENT.  Any Deferral  Election made by a Participant
with  respect to  Compensation  shall  remain in effect for the next  succeeding
Deferral  Period,  and shall  remain in effect for all future  Deferral  Periods
unless  revoked or amended in writing by the  Participant  and  delivered to the
Committee no later than fifteen (15) days prior to the beginning of a subsequent
Deferral Period, except that if a Participant suffers a Disability or terminates
employment  with Company prior to the end of the Deferral  Period,  the Deferral
Period shall end as of the date of Disability or termination.

         3.4 MODIFICATION OF DEFERRAL  ELECTION.  Except as provided in Sections
3.3,  above,  and 5.5 below,  a Deferral  Election  shall be  irrevocable by the
Participant during a Deferral Period.

         3.5 CHANGE IN STATUS. If the Committee  determines that a Participant's
employment  performance  is no longer at a level that  warrants  reward  through
participation in this Plan, but does not terminate the Participant's  employment
with Company,  the  Participant's  existing Deferral Election shall terminate at
the end of the Deferral Period, and no new Deferral Election may be made by such
Participant after notice of such determination is given by the Committee, unless
the  Participant  later  satisfies  the  requirements  of  Section  3.1.  If the
Committee,  in its sole  discretion,  determines  that the Participant no longer
qualifies  as a member of a select  group of  management  or highly  compensated
employees, as determined in accordance with the ERISA, and interpretive guidance
issued  thereunder  the  Committee  may, in its sole  discretion  terminate  any
Deferral  Election for that year, and prohibit the  Participant  from making any
future Deferral Elections.

         3.6 DEFAULTS IN EVENT OF INCOMPLETE OR INACCURATE  DEFERRAL  ELECTIONS.
In the event that a  Participant  submits a Deferral  Election to the  Committee
that  contains  information  necessary to the  efficient  operation of this Plan
which, in the sole discretion of the Committee, is incomplete or inaccurate, the
Committee  shall be  authorized to treat the  incomplete or inaccurate  Deferral
Election as if the  following  elections had been made by the  Participant,  and
such information shall be communicated to the Participant:

                  (a) If no Account is listed - treat as if the Deferral Account
was elected;

                  (b) If Accounts  listed equal less than 100% - treat as if the
balance was deferred into Deferral Account;

                  (c) If Accounts  listed equal more than 100%  -proportionately
reduce each Account to equal 100%;

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                  (d) If In-Service  Account is listed,  but no deferrals can be
made into that  Account due to the fact that  benefits  are being paid from that
In-Service Account, then the amounts elected to be deferred shall be credited to
the Deferral Account during such period of payment, after which time the balance
of the  amounts  elected  to be  deferred  shall  be  credited  to a  subsequent
In-Service  Account with a  distribution  date as elected or as provided in sub-
section (i), below;

                  (e) If no  Valuation  Fund is selected - treat as if the Money
Market Fund was elected;

                  (f) If Valuation Fund(s) selected equal less than 100% - treat
as if the Money Market Fund was elected for remaining balance;

                  (g) If  Valuation  Fund(s)  selected  equal  more  than 100% -
proportionately reduce each Valuation Fund to equal 100%;

                  (h) If no  Distribution  Election is chosen  -treat as if lump
sum was  elected  for  In-Service  Account  and  treat as if three  (3) year was
elected for Deferral Account; and,

                  (i) If no time of  payment is chosen  for  In-Service  Account
-treat as if the  earliest  possible  date  available  under the  provisions  of
Section 5.3, below was elected.

                   ARTICLE IV - DEFERRED COMPENSATION ACCOUNT

         4.1 ACCOUNTS.  The  Compensation  deferred by a  Participant  under the
Plan, and Interest shall be credited to the Participant's Account(s) as selected
by the Participant;  any Retention  Contributions  and Interest thereon shall be
credited  to the  Participant's  Retention  Account.  Separate  accounts  may be
maintained on the books of the Company to reflect the different  Accounts chosen
by the  Participant,  and the  Participant  shall  designate the portion of each
deferral  that will be credited to each Account as set forth in Section  3.2(a),
above.  These  Accounts  shall be used solely to calculate the amount payable to
each  Participant  under this Plan and shall not  constitute a separate  fund of
assets.

         4.2  TIMING  OF  CREDITS;   WITHHOLDING.   A   Participant's   deferred
Compensation  shall be credited to each Account designated by the Participant as
soon as  administratively  practical  after the date the