Express-1 Expedited Solutions (XPO) Appoints New Chief Financial Officer

Mon Oct 26, 2009 4:05pm EDT
 
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SAINT JOSEPH, Mich.--(Business Wire)--
Express-1 Expedited Solutions, Inc. (NYSE AMEX: XPO), a Saint Joseph, Michigan
based leader in transportation logistics has named David G. Yoder as the
Company`s new Chief Financial Officer. Yoder will report to XPO`s CEO, Michael
Welch. 

"Dave is a seasoned leader who brings a diverse base of financial, tax,
operational, and systems experience from a career working in dynamic, growth
oriented companies. His transportation knowledge and experience allow him to
have an immediate impact at XPO," said Welch. "We are very pleased to welcome
Dave to XPO and look forward to his contributions to the leadership team." 

Yoder comes to the Express-1 Expedited Solutions team with over 29 years of
progressive experience in the transportation and direct retailing industries and
the public accountancy field. Most recently he provided independent merger and
acquisition and project management services primarily in the transportation
industry. He previously held CFO and COO positions at a leading direct retailer
of musical instruments and was the CFO at Towne Air Freight. He began his
professional career in public accountancy with Crowe, Chizek & Company. A
certified public accountant, Yoder holds a Bachelor of Science Degree in
Industrial Management with Distinction from Purdue University. 

About Express-1 Expedited Solutions

Express-1 Expedited Solutions, Inc. is a non-asset based services organization
focused on premium transportation through its business segments, Express-1, Inc.
(Buchanan, Michigan), Concert Group Logistics, Inc. (CGL) (Downers Grove,
Illinois), and Bounce Logistics, Inc. (South Bend, Indiana). These segments are
focused on premium services that include: same-day, time-sensitive
transportation as well as domestic and international freight forwarding. Serving
more than 2,000 customers, the Company`s premium transportation offerings are
provided through one of five operations centers; Buchanan, Michigan; South Bend,
Indiana; Downers Grove, Illinois; Rochester Hills, Michigan and Tampa, Florida.
The operations are handled by experienced inside sales staff using the latest
operational software. The Company services customers throughout the lower 48
states and portions of Canada and Mexico. The Company`s operating model can be
described as non-asset or asset light, as independent contractors and capacity
through brokerage agreements fulfill the trucking services for most of it
shipments. Express-1 Expedited Solutions, Inc. is publicly traded on the NYSE
AMEX Equities Exchange (formerly AMEX) under the symbol XPO. For more
information about the Company, visit www.express-1.com.

Express-1 Expedited Solutions, Inc.
Michael R. Welch, CEO, 269-429-9761
Mike@xpocorporate.com

Copyright Business Wire 2009

 

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