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Velocity Express Company Profile - Dec 22, 2010

VIEWS: 33 PAGES: 12

Velocity Express Corporation (Velocity) is engaged in the business of providing time definite ground package delivery services. The Company operates primarily in the United States with limited operations in Canada. Velocity operates in a single-business segment. The Company has a network of time definite logistics solutions in the United States and are is a provider of distribution, scheduled and expedited logistics services. Velocity's service offerings are divided into three categories: distribution logistics, consisting of the receipt of customer bulk shipments that are divided and sorted at metropolitan locations for delivery to multiple locations; scheduled logistics, consisting of the daily pickup and delivery of parcels with narrowly defined time schedules predetermined by the customer, and expedited logistics, consisting of point-to-point service for customers with time sensitive delivery requirements.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Velocity Express Corporation
                                                                                         440 Wheelers Farms Road
                                                                                         Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                 Wright Quality Rating:LLNN                                 Key Data

   Velocity Express Corporation (Velocity) is engaged in the business of providing time     Ticker:
   definite ground package delivery services. The Company operates primarily in the         VEXPQ
   United States with limited operations in Canada. Velocity operates in a single-
   business segment. The Company has a network of time definite logistics solutions in      2008 Sales:
   the United States and are is a provider of distribution, scheduled and expedited
                                                                                            340,873,000
   logistics services. Velocity's service offerings are divided into three categories:
   distribution logistics, consisting of the receipt of customer bulk shipments that are
   divided and sorted at metropolitan locations for delivery to multiple locations;         Major Industry:
   scheduled logistics, consisting of the daily pickup and delivery of parcels with         Miscellaneous
   narrowly defined time schedules predetermined by the customer, and expedited
   logistics, consisting of point-to-point service for customers with time sensitive        Sub Industry:
   delivery requirements.                                                                   Service Organizations
                       Stock Chart                                    Officers
                                                              Non Executive Chairman        Country:
                                                                  Vincent A. Wasik          United States

                                                         President & Chief Operating        Currency:
                                                                   Officer
                                                                                            U.S. Dollars
                                                               John L. McAlpin

                                                                                            Fiscal Year Ends:
                                                               Chief Financial Officer
                                                                  Edward W. Stone           June


                                                         Executive Vice President,  Employees
                                                        Secretary & General Counsel 1,758
                                                              Mark T. Carlesimo
                                                                                    Exchanges:
                                                                                    OTC

                                                                                            Share Type:
                                                                                            Common

       
								
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