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Enter Symbol:
 
Express-1 Expedited Solutions (XPO) [hlAlert]

Rating:
Hold XPO

Express-1 Expedited Solutions (XPO) rated Hold by KeyBanc Capital Mkts

Posted on: Friday,  Nov 30, 2012  8:25 AM ET by KeyBanc Capital Mkts

Express-1 Expedited Solutions (NYSE:
XPO) rated Hold by KeyBanc Capital Mkts.

Express-1 Expedited Solutions, Inc. is a transportation services organization focused upon premium transportation services provided through one of three non-asset based operating units. The Company?s operations consist of distinct but complementary operational segments, each with its own business unit leader or president. The Company?s services consist of expedited surface transportation, provided through Express-1, Inc. (Express-1), domestic and international freight forwarding services provided through Concert Group Logistics, Inc. (Concert Group Logistics or CGL) and premium truckload brokerage services provided through Bounce Logistics, Inc. (Bounce Logistics, or Bounce). The Company discontinued its Express-1 Dedicated, Inc. (Express-1 Dedicated or Evansville) operations in December of 2008. In October 2009, Express-1 Expedited Solutions Inc. completed the acquisition of LRG International Inc., which will be rolled into the Company's Concert Group Logistics (CGL) operations.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/30/2012 8:25 AM Hold
None
15.75
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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