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Dynamex Acquires Cannonball in Chicago.


DALLAS--(BUSINESS WIRE)--May 5, 1998--Dynamex Inc. (Nasdaq:DYMX) today announced that it has completed the acquisition of Cannonball Inc. in Chicago Chicago, city, United States
Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837.
. Cannonball is one the oldest and most recognized same day transportation companies in the Chicago area and has annual revenues of more than $9,000,000. Financial terms of the transaction were not disclosed.

Richard Ri·chard   , Joseph Henri Maurice Known as "Rocket." 1921-2000.

Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a
 K. McClelland McClelland is the surname of:
  • David McClelland, American psychologist
  • Douglas McClelland, Australian politician
  • James McClelland, American psychologist and cognitive neuroscientist
  • James McClelland (Australian), senator and judge
, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Dynamex, said, "We are very excited about the addition of Cannonball to Dynamex. It is one the most respected names in the same-day transportation industry, having been founded in 1933. Equally exciting to us, however, is the addition of Jack Rozran and his strong management team to the Dynamex family. The combination of Cannonball and our existing operations in Chicago will create one of the largest same-day transportation operations in the Chicago area. This will provide a tremendous platform from which to further expand in this very promising market."

Dynamex is a leading provider of same-day delivery and logistics services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada.

CONTACT: Dynamex, Inc., Dallas

Robert P. Capps, 972/756-8184
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 5, 1998
Words:178
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