Passport Transport Returns to Private Ownership in Management Buy-Out

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St. Louis, Missouri (June 29, 2010) – It was announced today that the Managing Director of FedEx Auto Transport, a division of FedEx Custom Critical, Inc., together with a small investment group had completed a buy-out of the company, returning it to the name which FedEx purchased from founder Robert Pass in 2000. Neil R. Pitt, President of Passport Transport, led the group which purchased the pioneering company. “Through decades of outstanding service and innovation in transport the Passport brand established itself with the collector car community. Taking the company back to that name was a natural”, said Pitt, who joined […]