Express-1 Expedited Solutions Inc. (AMEX:XPO)
About Express-1 Expedited Solutions Inc. (AMEX:XPO) Express-1 Expedited Solutions Inc. is a transportation services company. The Company’s services consist of expedited surface transportation provided through Express-1 Inc. (Express-1) domestic and international freight forwarding services provided through Concert Group Logistics Inc. (CGL) and premium truckload brokerage services provided through Bounce Logistics Inc. (Bounce). As of December 31 2009 its operations consisted of three business units: Express-1 Concert Group Logistics and Bounce Logistics which comprised approximately 50% 40% and 10% of the Company’s revenues respectively. Its Concert Group Logistics business unit also provides international freight forwarding services to customers in other regions of the world. In February of 2009 Express-1 Dedicated Inc. ceased its operations as a carrier for a national auto manufacturer. In October 2009 the Company through its subsidiary Concert Group Logistics Inc. acquired LRGInternational Inc.