FIrst Class Expediting Services is a provider of expedited transportation services. The transaction took the form of an asset purchase, and the operations of FCES will be rolled into the company's Express-1 operations.
Financial terms of the transaction were not disclosed, but will be provided within the company's next quarterly report. The transaction proceeds and acquired assets fall below the threshold for separate disclosure, as outlined by the Securities and Exchange Commission.
More info: www.express-1.com