Express-1 Expedited Solutions, Inc. (NYSE Amex: XPO) today announced that Bradley Jacobs will speak at the Fourth Annual Dahlman Rose & Co. Global Transportation Conference at the Omni Berkshire Hotel in New York City on Thursday, September 8, 2011. Jacobs will participate in a panel discussion on transportation logistics at 12:00 p.m. Eastern Time.
Jacobs is expected to become chairman of Express-1 Expedited Solutions, Inc. following the closing of the proposed equity investment in the Company led by Jacobs Private Equity, LLC, subject to receipt of necessary stockholder approvals and satisfaction of the other closing conditions. Jacobs will also become chief executive officer following the closing.
About Express-1 Expedited Solutions, Inc.
Founded in 1989, Express-1 is a non-asset-based, third-party logistics services provider that uses a network of relationships with ground, sea and air carriers to find the best transportation solutions for its customers. The Company offers its services through three distinct business units: Express-1, Inc. (expedited transportation solutions), the fifth largest U.S. expedited freight service provider, according to The Journal of Commerce; Concert Group Logistics, Inc. (domestic and international freight forwarding); and Bounce Logistics, Inc. (premium truckload brokerage). The Company serves more than 4,000 retail, commercial, manufacturing and industrial customers through six U.S. operations centers and 23 agent locations. In 2010, the Company completed more than 144,000 transactions for customers and generated revenues of approximately $158 million.
About Bradley Jacobs
Since 1979, Bradley Jacobs has founded and led four highly successful companies, including two multi-billion dollar, publicly traded corporations: United Rentals, Inc. (NYSE: URI) and United Waste Systems, Inc. As chairman of United Rentals from 1997 through 2007, Jacobs grew the business into the world’s largest equipment rental company, with $3.9 billion in revenues. In 1989, he founded United Waste Systems and built it into the fifth largest solid waste management company in North America, selling it for $2.5 billion in 1997. Earlier, Jacobs founded Hamilton Resources (UK) Ltd., a worldwide oil trading company, and co-founded Amerex Oil Associates, Inc., building it into one of the world’s largest oil brokerage firms.