Express-1's Evansville Operation Receives Contract Extension

Express-1 Expedited Solutions, Inc. (AMEX:XPO) today announced it had received a contract extension from Schneider Logistics and Ford to provide continued delivery of service parts to Ford dealership locations.

The Evansville operation provides dedicated expedited services to Ford service locations, through an agreement with Schneider Logistics. The Evansville operation delivers service parts between Ford dealerships and their major parts distribution facility in Evansville, Indiana area. The original contract ran through April 2007 and now has been extended indefinitely by Schneider and Ford. With the contract extension Express-1 will receive a rate increase that will improve the profitability and long-term feasibility of its Evansville operation.

Brian Glaser, Director of Dedicated Operations for Express-1, said, the contract extension removes a cloud of uncertainty and has allowed our staff to focus on taking care of the customer, rather than their employment. We have worked hard to provide great service, and have been recognized twice by Schneider and Ford as the carrier of the quarter. Its great to see that our hard work has been rewarded with this contract extension.