Fresh off acquiring two respected competitors, carpet hauler Xpress Global Systems (XGS) is standing up service centers in new regions and offering customers unprecedented visibility into its installers. XGS has embraced its core identity and is looking to find further efficiencies by scooping up market share — while still building flexibility into its network to ride out downturns in homebuilding.
Just a few years ago in 2018, XGS, the Chattanooga, Tennessee-based specialized...
Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems LLC, has acquired Delta Distribution/Michigan Carpet, a specialized flooring less-than-truckload company headquartered in Grand Rapids, Michigan.
The deal was announced Wednesday. No financial terms were disclosed.
XGS, based in Chattanooga, Tennessee, hopes the merger of the two companies will strengthen its overall operational footprint while building on the strategic growth objective.
Qui...
https://www.freightwaves.com/news/xpress-global-systems-acquires-ltl-delta-distribution