Dynamex Announces New Jersey/Long Island Acquisition.DALLAS--(BUSINESS WIRE)--March 23, 1998--Dynamex Inc. (Nasdaq:DYMX) today announced that it has completed the acquisition of U.S.C. Management Systems, Inc. The company does business under the name of U.S. Courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence. and has operations in New Jersey and Long Island, as well as in Manhattan, and has annual revenues of more than $5,000,000. Financial terms of the transaction were not disclosed. Richard K. 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. of Dynamex, said, "U.S. Courier has several characteristics which are complementary to Dynamex's objectives and strategies. The business has a focus on service offerings involving three-dimensional goods and suburban markets, and in providing value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services to its customers. The company's locations in New Jersey and on Long Island are very important extensions of our current 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 operations which will allow us to better serve certain of our existing customers. Finally, the management of U.S. Courier consists of seasoned veterans of the same-day transportation industry who will be a great addition to our own management team." 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 |
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