06242017Headline:

GSO Parent Company — GLS — Acquires Regional Overnight Parcel Delivery Carrier, Postal Express

May 9, 2017 - (Newswire)

- Regional overnight parcel delivery company Postal Express (PEX) has been acquired by GLS and has become a sister company to GSO, based in Pleasanton, CA. By combining their resources, network infrastructure and geography, GSO and Postal Express will be able to provide Priority Overnight, Ground and Freight delivery throughout the West Coast starting May 15, 2017.

This acquisition will enable both GSO and Postal Express to significantly reduce transit times throughout the West Coast by integrating operations and service areas. "The extension of our services into Oregon, Washington, and Idaho allows us to fulfill the needs of hundreds of GSO customers who have eagerly awaited our expansion into the Northwest while providing Postal Express shippers with the flexibility, delivery speed, convenience and excellent service that we've been delivering for over twenty years," said GSO CEO, Dana Hyatt.

"We are excited to offer our customers an overnight delivery footprint unmatched by the national carriers as well as significantly reduced transit times across the West Coast using GSO Ground and GSO Freight services," added Mark Corley, VP Sales and Marketing.

The two companies expect to drive customer growth under the umbrella of the GSO brand with greater access to leading edge technology, continued financial stability, and more than two decades of experience in the parcel industry.

About GLS Group
GLS, General Logistics Systems B.V. (headquartered in Amsterdam), provides reliable, high-quality deferred parcel services for over 220,000 customers, complemented by logistics and express services. Through organic and inorganic expansion, the Group has grown to provide network coverage of 41 European states via wholly owned and partner companies, and it is globally connected via contractual agreements. 41 central transshipment points and more than 700 depots are at GLS' disposal. With its ground-based network GLS is one of the leading parcel service providers in Europe. In the financial year 2015-16 GLS achieved revenue of €2.2 billion.

About GSO
Founded in 1995, GSO makes more than a million deliveries each month throughout California, Arizona, Nevada and New Mexico utilizing 36 operating facilities. GSO customers enjoy a superior level of customer service, including later pickup times, earlier deliveries, dedicated service representatives, and proactive package tracking, all at market leading prices. GSO is a wholly owned subsidiary of GLS-US, Inc.

About Postal Express
Founded in 1985, PEX is one of the largest overnight carriers in the Pacific Northwest region of the United States. PEX customers enjoy a high level of customer service, including later pickup times and higher degrees of customization, at competitive prices. PEX operates a network of 15 hub facilities, with around 400 employees.

SOURCE Golden State Overnight (GSO)

Original Source: https://www.newswire.com/news/gso-parent-company-gls-acquires-regional-overnight-parcel-delivery-carrier

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