FreightWaves Staff
Wednesday, July 28, 2021
Xpress Global Systems acquires LTL Delta Distribution
XGS hopes the merger of the two companies will strengthen its overall operational footprint.
XGS hopes the merger of the two companies will strengthen its overall operational footprint.
Aterian Investment Partners Principal Michael Fieldstone said that his firm supported XGS CEO Darrel Harris and his management team and would provide capital to complete improvements to the business.
The beleaguered carpet hauler was over-leveraged and running out of cash.