Velocity Express, Greyhound Set New Delivery Service

Click here to write a Letter to the Editor.

elocity Express Corp. and Greyhound PackageXpress, the package-delivery unit of Greyhound Lines, announced Monday they have signed an agreement to provide package-delivery services between key metropolitan areas.

To be called Metro-to-Metro Guaranteed Package Delivery Today, the initiative will leverage Greyhound Lines' round-the-clock schedule of intercity departures and available cargo space on each bus with Velocity's door-to-door pick up and delivery capabilities, Velocity said in a statement.

One delivery service will guarantee door-to-door pick up and delivery within 10 hours, while one will guarantee overnight service with delivery as early as 6:30 a.m.

“This is the new concept of package delivery,” Vincent Wasik, Velocity’s chief executive officer, said in a statement. “It uses the successful low-cost airlines strategy of picking key city pairs, with strong demand . . . . Our focus will be on [cities] generally within 300 miles of each other.”

The services begin immediately with the following city pairs: New York and Boston, New York and Philadelphia, and Dallas and Houston. Additional city pairs will be added in the coming months, Velocity said.

Velocity Express is ranked No. 70 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.