LSO, a portfolio company of Eagle Merchant Partners, has bought Express Courier International. No financial terms were disclosed. Based in Nashville, Express is a same-day carrier in the Southwest and Mid-South regions.
AUSTIN, TX–(Marketwired – Feb 11, 2015) – LSO, a leading regional parcel carrier, today announced the acquisition of Express Courier International (Express/ECI), a market leading same-day carrier in the southeast and mid-south region, to form a super-regional parcel carrier providing an unmatched portfolio of customized shipping solutions now spanning across 13 states throughout the southeast and southwest of the United States.
“At LSO, we are pleased to join forces with Express as we expand our service area across the southeastern United States,” said Rick Jones, CEO of LSO. “The powerful combination of Express and LSO provides us the rare opportunity to deliver a unique set of product and service offerings — from same day to day-definite guaranteed deliveries — to our customers that you just can’t find anywhere else. Both companies share a burning desire to provide superior service for our customers while servicing the shipping needs of everyone, from small and mid-sized shippers to Fortune 500 shippers.”
The combination of LSO and Express creates the largest regional parcel carrier in the southern United States and completes an important expansion strategy for LSO. As the shipping industry and global supply chain needs continue to change rapidly, LSO has developed a strategic plan to work with shippers and provide the company’s unique offerings and a customer-centric business model to more businesses. This acquisition provides the ability to achieve this strategy.
“Express is excited to be joining LSO, which enables both companies to continue our aggressive approach to expanding throughout the U.S.,” said Chuck Moyer, CEO of Express. “Both organizations are laser-focused on customer service and value. Our combined strength will allow us to provide our customers with unique service offerings, customized solutions, same-day, as well as regional overnight services, enhanced footprint and expanded product variety. Simply put, no one in the industry is able to put together this comprehensive set of shipping services for their customers.”
LSO and Express will provide customers with a unique regional solution unmatched in the United States providing a service offering that includes a combination of on-demand, scheduled/routed, distribution, warehousing and day-definite guaranteed products. Through a unique technology solution, the combined companies will provide a centralized monitoring system that proactively monitors customer expectations, key performance indicators (KPIs) and other impact factors. Backed by Atlanta-based private equity firm Eagle Merchant Partners, the combined companies will have the resources and capabilities to meet the current and future needs of the global supply chain.
LSO, a leading regional parcel carrier founded in 1991, is headquartered in Austin, Texas and offers a full range of next-day, day-definite guaranteed deliveries. LSO has among the highest reliability records and lowest damage rates in the industry offering competitive rates throughout Texas, Oklahoma, western Louisiana, southern New Mexico and Mexico. LSO provides live customer support and flexible shipping solutions. For more information, visit www.ShipLSO.com or call 1-800-800-8984.
Express Courier International, a market leader in the customized logistics same-day delivery sector, is headquartered in Nashville, Tennessee offers unmatched scale, route density, and presence in the Southeastern and Mid-South U.S. Express operates in 13 states with a fleet of over 1,800 vehicles and monitored by its centralized operations center in Nashville. For more information, visit www.expressdelivers.net or call 1-888-381-6903.
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