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Velocity Express Corp. is in the Business Services Industry
Latest News and Analysis
Velocity Express Announces $30 Million Service Agreement with Leading USA Retailer
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ:VEXP), the leading provider of time definite delivery and logistics solutions in the United States, announced today that they have been awarded a multi-year contract valued in excess of $30 million to service Stage Stores, Inc's, Peebles brand stores throughout the Midwest, Northeast and...
Velocity Express Receives Notice of Non-Compliance with NASDAQ Listing Agreement and Confirms Previous Guidance for Positive EBITDA in June Quarter
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ:VEXP) announced that, because the Company's common stock price closed below $1.00 for thirty consecutive business days, it received a notice on June 19, 2008 from the NASDAQ Stock Market that it is not in compliance with Marketplace Rule 4310c(4) regarding the minimum bid...
Velocity Express Announces Third Quarter and Nine Months Results, and Successful Debt Re-Structuring
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, announced operating results for the third quarter and nine-month period ended March 29, 2008 and its recently completed re-structuring of the terms of its Senior Secured Notes Due 2010. Revenue...
Velocity Express to Host Conference Call to Discuss Third Quarter and Nine Month Results
WESTPORT, Conn. -- Velocity Express Corp. (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, will host a conference call and webcast on Tuesday, May 20 at 9:00 a.m. Eastern time to discuss the company's third quarter and nine month results. To access the live...
Velocity Express Thrives in Niche
Courier service Velocity Express was born out of a collaborative effort to shake up the metropolitan delivery market and, in doing so, the Westport, Conn.-based company carved out a niche for itself as a time-definite package delivery service. Velocity was created in 1994 when six regional delivery companies joined...
ABN, FRO, BUSE, HLYS, IDMI, VEXP Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-6 March 2008-BUYINS.NET: ABN, FRO, BUSE, HLYS, IDMI, VEXP Have Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:06032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE...
TMA, NEP, MBRK, NURO, VEXP, CBPC Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
M2 PRESSWIRE-22 February 2008-BUYINS.NET: TMA, NEP, MBRK, NURO, VEXP, CBPC Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2008 M2 COMMUNICATIONS LTD RDATE:22022008 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ,...
Velocity Express Announces Second Quarter and Six Months Results
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, announced operating results for the second quarter and six month period ended December 29, 2007. Revenue for the quarter ended December 29, 2007 was $86.1 million compared to $102.3 million...
Velocity Express to Host Conference Call to Discuss Second Quarter and Six Month Results
WESTPORT, Conn. -- Velocity Express Corp. (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, will host a conference call and webcast on Wednesday, February 13 at 9:00 a.m. EST to discuss the company's second quarter and six month results. To access the live webcast...
MKTAY, NURO, NVEC, VEXP, CAPS, CBPC Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-5 February 2008-BUYINS.NET: MKTAY, NURO, NVEC, VEXP, CAPS, CBPC Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:05022008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and...
LPHI, MBRK, MKTAY, NURO, NVEC, VEXP Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-5 February 2008-BUYINS.NET: LPHI, MBRK, MKTAY, NURO, NVEC, VEXP Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:05022008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and...
ALC Advisors Retained to Advance Velocity Express Global Alliance Strategy
SHANGHAI, China -- ALC Advisors, a leading Shanghai-based advisory firm specializing in finding and arranging strategic partnerships, acquisitions and alliances, announced today that it has been retained by Velocity Express Corporation (NASDAQ: VEXP), the largest United States provider of time definite regional delivery solutions. to assist Velocity Express in facilitating...
Velocity Maintains NASDAQ Listing
Parcel carrier Velocity Express Corp., Westport, Conn., said Jan. 3 that it has regained compliance for continued listing on the NASDAQ Stock Market after the company completed a 1-for-15 reverse stock split that pushed the company's shares above the exchange's minimum per-share price of $1. Velocity said it first received...
Velocity Express Regains Compliance with NASDAQ Listing Requirements
WESTPORT, Conn. -- Velocity Express Corporation (Temporary NASDAQ SYMBOL: VEXPD) (NASDAQ SYMBOL: VEXP) the nation's largest provider of time definite regional delivery solutions, announced that it has regained compliance with applicable requirements for continued listing on the NASDAQ Stock Market. As previously announced on June 29, 2007, NASDAQ...
Velocity Completes Reverse Split; Move Aimed at Maintaining Listing
The board of directors of package carrier Velocity Express Corp. authorized a 1-for-15 reverse stock split, effective Dec. 7, Velocity said in a statement. Based on the number of shares of capital stock outstanding as of Nov. 30, the reverse split reduces the number of shares of the company's outstanding...
Class action suit raises labor law issues in New York
A federal class action lawsuit filed last week in the Western District of New York challenges the employment policies of a regional package delivery service that relies heavily on independent contractors. The lawsuit claims the company has treated thousands of delivery and pick-up drivers nationwide as independent...
Velocity Express Announces 1-For-15 Reverse Stock Split
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, announced that the Board of Directors has authorized a reverse stock split at a ratio of 1-for-15 shares. The split will be effective at 9:00 a.m. EST on December 7, 2007. ...
Velocity Express Announces First Quarter Results
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, announced operating results for its first quarter ended September 29, 2007. Vincent A. Wasik, Velocity's Chairman and Chief Executive Officer, stated, "During the quarter we made significant progress realigning our...
Velocity Express to Host Conference Call to Discuss First Quarter Results
WESTPORT, Conn. -- Velocity Express, Inc. (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, will host a conference call and webcast on Wednesday, November 14 at 9:00 a.m. EST to discuss the company's first quarter results. To access the live webcast log onto the...
Velocity Express Announces Fourth Quarter and Year End Results
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ: VEXP), the nation's largest provider of time definite regional delivery solutions, announced operating results for its fourth quarter and fiscal year ended June 30, 2007. Highlights: * Positive adjusted EBITDA in quarter ended June 30, 2007 *...
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- Incorporated: 1979
- CEO: Mr. Vincent A. Wasik
Velocity Express and its subsidiaries are engaged in the business of providing same-day transportation and distribution/logistics services to individual consumers and businesses. Co. operates primarily in the United States with limited operations in Canada. Co. operates in a single-business segment. Co.'s service offerings are divided into the following categories: scheduled logistics, consisting of the daily pickup and delivery of parcels; distribution logistics, consisting of the receipt of customer bulk shipments that are divided and sorted at major metropolitan locations; and expedited logistics, consisting of unique and expedited point-to-point service.
Key Competitors
Velocity Express Corp. Company Info
Board of Directors
Mr. Vincent A. Wasik
Chairman
Mr. Alexander I. Paluch
Mr. Richard A. Kassar
Mr. Leslie E. Grodd
Mr. John J. Perkins
Contact Information
One Morningside Drive North
Building B
Suite 300
Westport, CT
203 349-4160
NAICS Code
Couriers and Express Delivery Services: 492110
