The company is a full-service, asset-based trucking & logistics firm with operations across the United States. The company performs various services primarily in the areas of drayage, warehousing, and distribution.

Key Aspects

Revenue and gross profit grew at compound annual growth rates (CAGRs) of 71.1% and 58.7%, respectively, from 2019 through 2022
From 2019 to 2022, gross profit margins have averaged 55.5%
Diverse catalog of service offerings, with the top revenue stream earning 52.8% of revenue in 2022
Management notes a 95% repeat client rate, with a varied client base consisting of both freight brokers and end-users
Nationwide operations, including facilities located on the West Coast and East Coast of the US
Highly skilled personnel allowing for accurate inventory management, efficient warehouse operations, and quality customer service.

Opportunities

Capitalize on the company’s proximity to the nation’s largest ports, allowing for a greater entry into the import/export industry, as well as providing operational efficiency when serving these clients
Leverage, and expand use of, the company’s state-of-the-art warehousing technology, providing flexible and scalable operations and limiting the need for subcontracted personnel
Develop a strategic marketing campaign to solidify the company’s market presence

Headquartered

Eastern US

Current Markets

The company currently serves a variety of client types across the US, primarily in the areas of retail and other logistics companies. The company’s client base is approximately 50% freight brokers, with the other 50% comprised of end-users.

Real Estate

The company operates from five facilities, with three located on the East Coast of the US and two located on the West Coast. All five facilities are leased from unrelated third-parties, and total 347,500 sq. ft.

Shareholder Objectives

The company is owned by three shareholders under a 45%/40%/15% split. After many years in the industry, the top shareholder would like to de-risk and start preparing for retirement. The other two shareholders wish to remain with the company following a sale, but are open to a variety of deal structure.

Benchmark International

Benchmarks Exclusive Opportunities

Full-Service 3PL Logistics & Trucking Company – BN000046320

Full-Service 3PL Logistics & Trucking Company – BN000046320

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