Express-1 Expedited Solutions, Inc. CEO Mike Welch stated, “We’re
very excited to have Tim and Kurt join our organization in this
capacity. They’re proven industry professionals and we couldn’t have
asked for a better management team to lead this new endeavor. With the
creation of Bounce, we are positioning the Company to further add value
to our core customer base by covering some of the additional
high-priority needs of our customers, beyond the traditional expedited
model. We expect Bounce to generate between five million and six
million dollars of additional revenue in 2008 and be profitable within
the first year of operations.”
Hindes stated “ I am excited to be a part of Express-1; I have
always been impressed with their team and organization. I think Bounce
Logistics will quickly become a leading boutique Logistics provider.
Our bread and butter will be providing solutions for complicated
logistics needs that require a high degree of talent and customer
service.”
Commenting further Welch added, “Over the past year, we’ve been
telling our shareholders our focus was going to branch beyond the
organic growth model within our two business segments, Express-1 and
Express-1 Dedicated located in Evansville, Indiana. We’ve entrusted the
continued success of Express-1, Inc. to the capable hands of Jeff
Curry, its President."
"While we remain committed to and engaged in the success of our
business segments, our Chief Financial Officer and I have shifted some
of our focus to business development and acquisitions. Bounce is the
first result of this new structure and we’re proud to have attracted
such a solid team as Tim and Kurt to develop this operation. We’re
excited about additional opportunities we see on the horizon and are
committed to continuing the momentum we’ve established as a team at
Express-1 Expedited Solutions, Inc.”
About Express-1 Expedited Solutions, Inc.
Offering same-day, time – sensitive, and dedicated transportation to more than 1500 customers, Express-1 is one of the largest ground expedite companies in the country.
The company’s premium transportation service is provided through its
24/7 operations center, by experienced inside sales staff using the
latest in vehicle tracking and dispatch software. Express-1 services
customers in the 48 states and portions of Canada and Mexico.
Express-1 utilizes an asset light operating model working with independent contractors that live throughout the Country. Express-1 Expedited Solutions, Inc. is publicly traded on the American Stock Exchange under the symbol XPO. For more information about the Company, visit www.express-1.com.
