Details

The company is a complete third-party logistics (3PL) or freight brokerage company offering full truck load transportation of refrigerated, dry freight and flat bed, carbon black and bulk milk, and long or short hauls nationwide. Other complimentary services include document imaging, traffic management, and computer dispatch tracking.

Key Aspects

· Has been operating since 1982
· Experienced employees
· Astounding reputation for reliable service at a fair price
· Network of over 3,600 carriers
· Bulk transportation represents over 55% of sales
· Strong and loyal customer base
· Scalable business operations

Opportunities

· Increase marketing and sales team
· Invest in fleet of trailers to provide drop trailer services
· Further expand service capabilities such as air freight
· Hire more dispatchers


Headquartered

· Texas Panhandle

Current Markets

· Nationwide with the strongest areas in Texas and in Midwestern, United States. Typical customers include companies in the food, manufacturing, retail, industrial, and oil and gas industries.

Real Estate

· The company leases a 2,900 sq. ft. facility from an unrelated third party. It is used for the call center and daily operations. The lease can be assumed under new ownership.

Shareholder Objectives

· The two founding shareholders are approaching retirement age and seek a full sale. They are both willing to remain for a limited transition time with new ownership.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.