The Jordan Company-backed Capstone Logistics to acquire Priority Express Courier.

The Jordan Company-backed Capstone Logistics, a third-party logistics company offering technology-enhanced labor solutions, agreed to acquire Priority Express Courier, a Pennsylvania-based logistics company. Financial terms were not disclosed. "Through this acquisition, Capstone enhances its ability to deliver on one of our key strategic objectives; growing in the last mile delivery segment. Jon Rydel and the Priority Express team are a great cultural fit and they bring a proven execution-focused background that will complement Capstone's existing last mile delivery solution. We're excited to have them on board," Steve Taylor, Chief Executive Officer of Capstone.