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| Article Name: And then There were Two: Courier Consolidators |
| Author: Greg Kidd |
| Volume: 16.3 |
| Article Summary: Ten years ago, consolidation was a hot topic in the courier
industry. An open contest between five IPO-financed
firms, with more than $100 million in revenues from
acquired delivery firms, unfolded in a span of few years.
Now, only two firms from that era remain, Dynamex
and Velocity Express. Rather than buying up more
independents, both survivors are focused on generating
organic growth, improving margins and using a franchise
model to cover at least some markets served on behalf of their
national customer bases. |
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