Refrigerated Freight Transportation Company

The company is a full-service transportation company that specializes in refrigerated land transportation for a wide variety of items, including produce, grocery, and dry freight shipments throughout the United States.

Key Aspects

• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 3.6% and 9.2%, respectively, from 2019 to 2022

• Management notes that 90% of revenue is from repeat clients

• Expert team of drivers operating a fleet of over 20 tractors and trailers

• Long-standing reputation of on-time deliveries and quality customer service

Opportunities

• Expand operations geographically to reach new states and clients

• Establish a strategic marketing campaign to reach new potential clients

• Increase the company’s service offerings by providing other specialized freight delivery options

• Bring contract drivers in-house to retain the best drivers as company employees

Headquartered

• Southeast US

Current Markets

• The company provides shipments for freight brokers and directly to commercial clients with routes spanning across the United States, with a focus on the Southeast, Central, and Midwest US.

Real Estate

• The company utilizes a portion of a 3.5-acre plot of land leased from an unrelated third party for parking tractors and trailers.