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Trucking: Expedited Freight & Local Cartage Co.

Our firm currently represents a well-established light haul and local cartage company specializing in expedited freight. This outstanding company has enjoyed annual revenue growth averaging more than 30% per year since inception, earning the company a coveted spot at the top of their industry on a list of the fastest growing private companies in America – as named by a leading magazine. Carries Transportation Security Administration (TSA) authority granting access to secure airport cargo facilities at one of the nation’s top international airports. Expedited service of valuable cargo appeals greatly to customers who are not price sensitive, and therefore generates profit margins of 25% to 40% on each delivery. DOT license permits the company to operate in four contiguous Southern states. Revenue is generated through expedited local pick up and delivery (64% of revenue), hotshot deliveries within a 75 to 250 mile radius (28%), cross dock services (5%), and storage (3%). A business model that includes leased equipment and contract drivers affords the company great flexibility in adjusting to market fluctuations. The fleet comprises approximately 10 Volvo tractors, 22 air ride trailers, 1 roller bed trailer, 1 flatbed trailer and 8 bobtail trucks that currently serve 5 FT employees and 12 contract drivers.