Xpress Global Systems

More M&A isn’t on the immediate horizon but final-mile delivery is.

XGS hopes the merger of the two companies will strengthen its overall operational footprint.

Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United States. The company was started […]

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.