RR Donnelley Acquires Courier Advisory Group
October 21 2015 - 6:30AM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
announced today that it has acquired Courier Advisory Group, a
provider of managed delivery services that includes third-party
logistics (3PL), scheduled and on-demand delivery, and managed
courier services for a diverse array of industries. This
acquisition will enhance and expand the capabilities of RR
Donnelley's Logistics Services group, supporting clients' last-mile
delivery needs.
"With over 14 years of strong performance, Courier Advisory
Group is an excellent fit for RR Donnelley's Logistics business,"
commented Chuck Fattore, President of RR Donnelley Logistics. "This
transaction complements our March 2015 acquisition of United
Express System and expands our offering in the growing last-mile
delivery space."
Courier Advisory Group’s logistics capabilities will streamline
customers’ distribution processes to achieve both operational
efficiencies and cost reductions across their operations. Tracking
and tracing capabilities will allow full visibility into the
last-mile segment of delivery and provide all parties automatic
updates about the progress of the delivery.
Headquartered in Tampa, Florida, Courier Advisory Group operates
34 locations in the Eastern and Midwestern United States.
About RR Donnelley
RR Donnelley (Nasdaq:RRD) helps organizations communicate more
effectively by working to create, manage, produce, distribute and
process content on behalf of our customers. The company assists
customers in developing and executing multichannel communication
strategies that engage audiences reduce costs, drive revenues and
increase compliance. RR Donnelley’s innovative technologies enhance
digital and print communications to deliver integrated messages
across multiple media to highly targeted audiences at optimal times
for clients in virtually every private and public sector.
Strategically located operations provide local service and
responsiveness while leveraging the economic, geographic and
technological advantages of a global organization.
For more information, and for RR Donnelley's Global Social
Responsibility Report, visit the company's web site
at http://www.rrdonnelley.com.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned not to place undue reliance on
these forward-looking statements and any such forward-looking
statements are qualified in their entirety by reference to the
following cautionary statements. All forward-looking statements
speak only as of the date of this news release and are based on
current expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR Donnelley
disclaims any obligation to update or revise any forward-looking
statements.
Media Contact: Phyllis Burgee, Director Communications: Tel: +1 630-322-6093 E-mail: phyllis.burgee@rrd.com
Investor Contact: Dave Gardella, Senior Vice President Finance: Tel: +1 312-326-8155 E-mail: david.a.gardella@rrd.com
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