Internet Retailer - Strategies For Multi-Channel Retailing

News Stories
News Stories Thursday, March 16, 2006   
E-Mail 'Internet Retailer: Marketing Conference/Exhibition June 2007' to a friend  Printer Friendly: Internet Retailer: Marketing Conference/Exhibition June 2007   

Shipment consolidator APX Logistics files for bankruptcy

Shipment consolidator APX Logistics has filed for bankruptcy and is discontinuing operations, Brad Garberich, CEO, announced today. He cited APX’s “unfavorable financial performance” as the reason.

APX is a shipment consolidator which takes packages from numerous shippers, consolidates them and then inserts them into the postal service at the point that makes the most from a cost and delivery perspective. It employed 1,850 workers at 47 facilities nationwide and shipped 250 million packages a year in 200,000 truckloads. Corporate offices were in Santa Fe Springs, CA, with key support services in Oak Brook, IL.

Back...

Copyright © 2006 This content is the property of Vertical Web Media. Privacy Policy
Articles by Age, Title, Author. Conference, CD, Guides