Exhibit 99.1
Express-1 Expedited Solutions (XPO) Appoints New Chief Financial Officer
Express-1 Expedited Solutions, Inc. (NYSE AMEX: XPO), a Saint Joseph, Michigan based leader in
transportation logistics has named David G. Yoder as the Company’s new Chief Financial Officer.
Yoder will report to XPO’s CEO, Michael Welch.
“Dave is a seasoned leader who brings a diverse base of financial, tax, operational, and systems
experience from a career working in dynamic, growth oriented companies. His transportation
knowledge and experience allow him to have an immediate impact at XPO” said Welch. “We are very
pleased to welcome Dave to XPO and look forward to his contributions to the leadership team”.
Yoder comes to the Express-1 Expedited Solutions team with over 29 years of progressive experience
in the transportation and direct retailing industries and the public accountancy field. Most
recently he provided independent merger and acquisition and project management services primarily
in the transportation industry. He previously held CFO and COO positions at a leading direct
retailer of musical instruments and was the CFO at Towne Air Freight. He began his professional
career in public accountancy with Crowe, Chizek & Company. A certified public accountant, Yoder
holds a Bachelor of Science Degree in Industrial Management with Distinction from Purdue
University.
About Express-1 Expedited Solutions
Express-1 Expedited Solutions, Inc. is a non-asset based services organization focused on premium
transportation through its business segments, Express-1, Inc. (Buchanan, Michigan), Concert Group
Logistics, Inc. (CGL) (Downers Grove, Illinois), and Bounce Logistics, Inc. (South Bend, Indiana).
These segments are focused on premium services that include: same-day, time-sensitive
transportation as well as domestic and international freight forwarding. Serving more than 2,000
customers, the Company’s premium transportation offerings are provided through one of five
operations centers; Buchanan, Michigan; South Bend, Indiana; Downers Grove, Illinois; Rochester
Hills, Michigan and Tampa, Florida. The operations are handled by experienced inside sales staff
using the latest operational software. The Company services customers throughout the lower 48
states and portions of Canada and Mexico. The Company’s operating model can be described as
non-asset or asset light, as independent contractors and capacity through brokerage agreements
fulfill the trucking services for most of it shipments. Express-1 Expedited Solutions, Inc. is
publicly traded on the NYSE AMEX Equities Exchange (formerly AMEX) under the symbol XPO. For more
information about the Company, visit www.express-1.com.
Contact:
Express-1 Expedited Solutions, Inc.
Michael Welch
269-429-9761
Mike.Welch@express-1.com