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Velocity Express

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76 reviews

About Velocity Express

Fulfilling customers' need for speed, Velocity Express specializes in same-day delivery services. The company offers scheduled pickup and delivery, distribution logistics (in which customers' shipments are sorted for delivery to multiple locations), and expedited delivery. Customers include retailers, office products manufacturers, pharmaceutical wholesalers, – more... and other merchandise distributors. Velocity Express operates from approximately 80 warehouses and terminal facilities, and deliveries are made by independent contractor drivers. In early 2013, Velocity Express agreed to be acquired by  TransForce, a large provider of transportation and logistics services based in Canada.

Change of Company Type

Velocity Express agreed to be acquired by TransForce, a large provider of transportation and logistics services based in Canada, in January 2013.

Bankruptcy

As customers slashed their shipping budgets due to the recession, Velocity Express struggled to continue to operate under a shaky balance sheet, weighted by $100 million in debt. In 2009 the company filed for Chapter 13 bankruptcy protection, emerging in November 2009 through a sale to ComVest Velocity Acquisition for $20 million. – less

Velocity Express Employer Reviews
Read all 76 reviews
Vice President (Former Employee), Westport, CTMay 21, 2015
Accounts Receivable Clerk (Former Employee), Houston, TXMay 21, 2015
Driver (Former Employee), Charlotte, NCMay 4, 2015
Utah Manager, Dynamex (Former Employee), SLC, UTApril 22, 2015
Independent Contractor (Former Employee), Pittsburgh, PAApril 12, 2015
Velocity Express Salaries
View all 4 salaries
Operation Manager
$49,972 per year
Based on 6 employees
$35,000$55,000
Messenger
$8.50 per hour
Based on 4 employees
$7.25$10.00
Operation Supervisor
$33,000 per year
Based on 3 employees
$29,000$45,000
Sales Executive
$65,000 per year
Based on 3 employees
$42,000$70,000

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