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Diligent will take over the assets and customerf baseof VIP. Former VIP Express ownera could not be reachedfor comment. Terme of the deal were not Diligent, which operates more than 18 business entitiews and brings inaroundx $38 million in revenue will continue to offer courier and cartagee services at VIP’s former facility. Diligent presidentt and CEO Larry Browne says he had been lookingy to enter the Memphis market forsome “What attracted me to VIP was they were a good fit,” Browned says.
“They used owner/operators and that is our Diligent operates itscourier dedicated, less-than-truckload, cartage and othe r transportation services, by outsourcin deliveries to independent owner/operator drivers. It will employ threed full-time employees and 17 independenf drivers at its Memphis The new operation will help connecy the company to its current locations in Nashvillseand Louisville, Browne says. “Memphis was a connect-the-dot city,” Browne “Acquisitions are something we want to constantly do becausw I do not believe in the status quo If you think you are goint to hang on to the customers you have forevedrand ever, your thinking process is incorrect.
” Browne admits the challenging economy and small margin in the courier business make growth a challenge. “With this there is no doubt that is having a toll on he says. “Fortunately, we are able to go out and make Browne is optimistic aboutthe future, citing researcjh by the . “All signs point to a vital, long-term future for (the trucking industry),” says Bill ATA president and CEO. “Truckinhg exclusively serves 80% of all communities in the U.S. for the productsz and goods they receive. When the recovery trucks will help leadthe way.
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