Velocity Express (VEXP) Announces $30M Contract

June 25, 2008 8:06 AM EDT

Velocity Express Corporation (NASDAQ: VEXP) has been awarded a multi-year contract valued in excess of $30 million to service Stage Stores, Inc's, Peebles brand stores throughout the Midwest, Northeast and Southeast.

Velocity will be providing a total transportation solution which will include daily store replenishment and vendor inbound transportation services to 310 Peebles stores.


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