Luggage Express Explained

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]

Notes and References

  1. Web site: Nicholson. Gilbert. Luggage Express Handles the Bags. Birmingham Business Journal. June 15, 2003.
  2. Web site: Bandell. Brian. Former Universal Express CEO goes to federal prison. May 15, 2008.
  3. Web site: Luggage Forward Completes Acquisition of Sports Express. https://web.archive.org/web/20121114104920/http://www.reuters.com/article/2009/08/05/idUS186788+05-Aug-2009+BW20090805. dead. November 14, 2012. August 5, 2009.