The acquisition increases USPack's network density and footprint in the Northeast and Mid-Atlantic amid booming Delivery Economy.

USPack, a national leader in high-speed final-mile logistics and a NewSpring Holdings platform company, today announced the acquisition of Capital Delivery Systems, further expanding its final-mile delivery capabilities and national footprint. With the acquisition, USPack has expanded its wholesale pharmaceutical and parts distribution capabilities within the Mid-Atlantic and Northeast regions.

"Diversifying our logistics services in both healthcare and critical parts is core to our mission of being an end-to-end logistics partner for our customers across all verticals" said Mark Glazman, CEO, USPack. "We're thrilled to welcome Capital Delivery Systems' customers and build on the company's proven operational excellence in wholesale pharmaceutical logistics and critical parts storage and expedited delivery with USPack's broader set of capabilities."

"We're excited to join a highly-respected, nationwide logistics partner and be able to offer more services and capacity for our customers" said Jim Stubbs, President, Capital Delivery Systems. "By leveraging USPack's tech-enabled operating platform we can now further enhance our customer experience by providing best-in-class service levels through greater visibility and optimized delivery networks."

This is one of three acquisitions over the last 12 months in which USPack has partnered with a proven final mile services provider. With these acquisitions, USPack is uniquely positioned as an omni-channel same-day final-mile delivery partner for its national customers. Continuing to expand our network density and final mile capabilities with strong operating partners who embrace technology as a differentiator remains a key strategy for USPack in 2021. In addition, USPack's commitment to investments in its technology will continue to be instrumental in providing seamless integration for its customers, helping them scale amid the booming Delivery Economy.