Dynamex Announces Expanded Service Menu.Business Editors & High Tech Writers DALLAS--(BUSINESS WIRE)--Sept. 6, 2001 Dynamex Inc. (Amex: DDN (Defense Data Network) An Internet-based global communications network created by the U.S. Department of Defense. In April 1996, users were moved to the more modern Defense Information Systems Network (DISN) made up of NIPRnet (Non-classified IP Router Network) and ), a leading provider of same-day transportation and logistics solutions 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, today announced that it will launch a unique portfolio of same day inter-city air and ground transportation services. These enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; will compliment the local same day services presently offered by the Company. The services include: Same Day Air Services Next Flight Out Service - Dynamex utilizes commercial airline cargo capacity. On-Board On board usually means to be traveling on some vehicle. For example, Baby On Board. Compare with overboard. Metaphorically, the term on-board is often used to refer to some piece of technology that is integrated in a moving vehicle, for example: - A Dynamex courier travels "on-board" a commercial flight with the shipment in order to accelerate customs clearance at the destination airport. Air Charters - Dynamex will charter an aircraft exclusively for clients that cannot wait for a scheduled flight scheduled flight schedule n → vol rĂ©gulier scheduled flight schedule n → Linienflug m . Dynamex currently offers all of the above air services in Canada, where the Company is the leading provider of same day transportation solutions. Same Day Inter-City Ground Services "Direct Drive" Service - A Dynamex driver responds to a client pick-up request and drives directly to the destination city. This could be 100 miles or 1,000 miles. Scheduled Inter-City Service - Dynamex consolidates shipments from various clients and then places all shipments tendered on scheduled inter-city routes between major city pairs (e.g. between New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Philadelphia). This service, while similar to direct drive, will be slower but at a reduced cost since clients will be sharing the inter-city transportation charge. These services will initially be offered to Dynamex customers in the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. metropolitan area, with plans to extend the services to other Dynamex markets in the United States in the future. Rick McClelland, 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. , commented, "The introduction of these same day inter-city services significantly enhances the Dynamex service menu. The bottom line: we can drive it or we can fly it. It can be scheduled or on-demand. Dynamex clients will be able to pick the optimum same day solution for their shipments. Consistent with our long-standing operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. , the direct costs for the expanded services will be tied directly to revenue. In other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , there is no fixed cost associated with the new traffic." Dynamex will also launch a premium overnight service that will give clients the ability to ship packages as late as midnight and achieve delivery the next day as early as 9:00 a.m. in the 25 largest metropolitan markets in the United States. Dynamex will utilize its immediate dispatch capacity and existing airline capacity to commence this service which will also be initially introduced in the New York City market. Dynamex is a leading provider of same-day delivery and logistics services in the United States and Canada. Additional press releases and investor relations Investor relations The process by which the corporation communicates with its investors. information as well as the Company's internet e-commerce services package, dxNow(TM), are available at www.dynamex.com and www.dxnow.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which involve assumptions regarding Company operations and future prospects. Although the Company believes its expectations are based on reasonable assumptions, such statements are subject to risk and uncertainty, including, among other things, the outcome of the SEC inquiry, acquisition strategy, competition, foreign exchange, and risks associated with the local delivery industry. These and other risks are mentioned from time to time in the Company's filings with the Securities and Exchange Commission. In light of such risks and uncertainties, the Company's actual results could differ materially from such forward-looking statements. The Company does not undertake any obligation to publicly release any revision to any forward-looking statements contained herein to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Caution should be taken that these factors could cause the actual results to differ from those stated or implied in this and other Company communications. |
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