Founded in 2008, the Company offers truckload brokerage, LTL, dedicated truckload, supply chain management, and warehousing services for primarily automotive manufacturers, consolidation centers and third party logistics providers. The Company operates a handful of its own trucks while also utilizing a fleet of owner-operators based strategically across the country. With a recent push into freight management, substantial opportunity exists for growth on this side of the business without significant investment.
The Company’s primary customers are Tier 1 & 2 automotive manufacturers. With Master Transportation Agreements (MTAs) in place with these customers, the Company benefits from well-established and trusted relationships based on a solid foundation of competitive pricing and high-level service. Additionally, the Company’s dedication to treating its drivers right has resulted in a stunningly low 20-25% turnover rate, which is far below the industry’s average rates.
Longer-term involvement from the sellers is possible depending on the circumstances and mutual desires of buyer and seller. While the owners have successfully navigated the waters of the industry for decades, it has taken a bit of a toll on their energy. They have reached a point where they believe it’s best for them and the business to transition ownership of the Company to an individual or group that has the right passion and skillset to continue successfully running and growing the Business.
Facilities: The Company operates out of 2 suites on month-to-month leases.
Support/Training: Ownership is willing to provide reasonable and customary transition assistance.
Reasons for Selling: Ownership believes a new owner with renewed passion and energy for the business could capitalize on a great business with growth opportunities.
Breadth of Services: The Company aims to become a one-stop shop for its customer by providing numerous transportation services that fit their needs.
Customer Satisfaction: Service & Pricing are key in building the Company’s long-term core customer base.
Low Driver Turnover: The Company operates with much lower driver turnover than the industry. This helps the Company save money and provide higher quality, consistent service.
Growth in Freight Management: The Company’s recent profitable push into freight brokerage demonstrates that this service could grow nicely with less investment than the logistics side.
New Markets: The Company opportunistically explores entering new markets with demand for its services (i.e. Texas).
Value Added Services: The Company could grow by adding value-added services to its repertoire (door-to-door transportation, customs brokerage, packing, etc.).
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