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APX Fallout Claims More Victims

Traffic World reports in its April 24 issue that “more third-party firms in the package market tied to the U.S. Postal Service are folding their tents, hit hard by trends that drove the giant parcel consolidator APX Logistics out of business.”

According to the article, DDU Express has already folded, its telephones disconnected, while Parcel Corporation of America was “telling people it was also preparing to close, and sources there said the immediate cause was the APX bankruptcy”.

This entry was posted on Friday, April 21st, 2006 at 7:00 pm and is filed under APX, parcel consolidators, postal. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “APX Fallout Claims More Victims”

  • 1
    BFTS99
    April 24th, 2006 20:01

    UPS and FedEx make these consolodators obsolete. What we dont want to buy, we will shut down. Pathetic pretenders to the throne. Both of us have huge truck fleets to do the real work, not like these warehouse package peddlers. Good riddance and more money for UPS, and ultimately less for the USPS.