Luggage Express is a door-to-door luggage delivery service that was launched by parent company, Universal Express. Luggage Express arranged to pick up travelers' baggage at their home or office prior to a trip and have it waiting at the hotel or resort in the destination city.[1]
In 2007, Universal Express collapsed as a result of CEO, Richard Altomare issuing billions of illegal and unregistered shares of stock. A receiver was appointed federal judge at the request of the S.E.C to oversee the divestiture of assets.[2]
Ownership
Luggage Express began service in 1988 and operated under the Universal Express umbrella until the company's collapse in 2007.
In 2007, Luggage Express was sold to Sports Express, LLC, a competitive luggage and sports equipment delivery company based in Durango, Colorado.
Sports Express and all related brands were acquired by First Luggage, a luggage shipping company based in the United Kingdom, in 2008.
In 2009, Luggage Forward acquired the Sports Express, Luggage Express, and Virtual Bellhop brands from First Luggage.[3]
External links
References
- ^ Nicholson, Gilbert. "Luggage Express Handles the Bags". Birmingham Business Journal. Retrieved June 15, 2003.
- ^ Bandell, Brian. "Former Universal Express CEO goes to federal prison". Retrieved May 15, 2008.
- ^ "Luggage Forward Completes Acquisition of Sports Express". Archived from the original on November 14, 2012. Retrieved August 5, 2009.
This page was last edited on 13 January 2024, at 15:13