XPO - Express-1 Expedited Solutions Inc

16.84 -0.26 (-1.52%)

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AMEX: XPO Stock Quote

Last Trade: 16.84   Day's Range: 16.76 - 17.00
Trade Time: 12:01pm   52wk Range: 11.54 - 19.40
Change: -0.26 (-1.52%)   Volume: 42,221
Prev Close: 17.10   Avg Vol (3m): 206,505
Open: 17.00   Market Cap: 305.8M
Bid: N/A x N/A   P/E (ttm): N/A
Ask: N/A x N/A   EPS (ttm): -1.975
1y Target Est: 21.50   Div & Yield: 0.00 (N/A)


AMEX: XPO Overview

Express-1 Expedited Solutions, Inc. is a transportation services company. The Companys 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 Companys 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 LRG International, Inc.


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