PRICE REDUCED-Transportation - Refrigerated & Dry

Description

Truckload transportation company for sale with a long operating history hauling primarily refrigerated freight along with general dry van loads. The company serves customers throughout the lower 48 states, with a significant portion of its routes running to California and Washington.

Freight mix

• Refrigerated freight is the primary service
• General dry van loads
• Approximately 60% of freight moves under contract
• Approximately 40% is brokered
• Long-haul and local routes
• Backhaul operations

The mix of contracted and brokered freight gives the company access to both recurring customer lanes and spot-market loads.

Drivers

The company uses a combination of company-employed drivers and owner-operators for local and long-distance routes.

Buyers should review driver compensation, turnover, owner-operator agreements and the classification of independent contractors.

Maintenance

An on-site truck and trailer repair shop is fully staffed and supports maintenance of the operating fleet. This allows routine repairs and service work to be handled internally rather than relying entirely on outside shops.

Operations

The company operates across a broad geographic area with established long-haul lanes and backhaul activity. Buyers should review freight volumes, revenue by customer, lane profitability and the percentage of loads generated through direct contracts versus brokers.

Buyer review

Buyers should verify historical financials, customer concentration, active freight contracts, broker relationships, fuel costs, insurance, driver payroll, owner-operator expenses, maintenance costs and fleet condition.

FMCSA operating authority, DOT safety history, driver qualification files, hours-of-service compliance, insurance claims and any applicable refrigerated-freight requirements should also be reviewed before closing.

A complete schedule of trucks, trailers and shop equipment should be obtained to confirm which assets are owned, leased or financed and which are included in the transaction.