Becker Logistics | March 29, 2022
Effective December 31, 2021, Becker Logistics LLC, a 3PL Company has acquired Trek Freight Services, LLC located in Lincolnwood, IL. Trek Freight has been in business for 21 years and Becker Logistics will be celebrating their 25th anniversary this coming May, combining these two entities for a total of 46 years of transportation experience. Trek adds an additional 125 customers, 25,000+ carriers, 35 employees and their proprietary TMS which will be synergies for Becker Logistics moving forward. Trek provides third-party logistics services across the U.S. These services will now be provided under the Becker Logistics name.
Becker Logistics has experienced extraordinary growth in the last 10 years. In 2020 revenue was at $73 million. In 2021 they grew overall, both organically and non-organically by 130% year over year. Their total top-line revenue for 2021 was $167.2 million. They were able to add an additional $94.2 million to their top-line and with plans to do the same in 2022.
With this acquisition, Becker Logistics continues to grow and hold its place as one of the largest third-party logistics providers in the United States.
“Since 2009 when Becker Logistics had top-line revenue of only $3.5 million, to 2021, it has experienced a growth of 48 times. We have excelled at organic growth, culture, strategy and having a dual approach of not only growing organically, but non-organic growth is part of the game plan for the next eight years. This is our second acquisition with our first being Savage Logistics, LLC in 2017. We now have a total of 160 talented employees with plans of adding an additional 100 more by the end of the year. We have a BHAG to hit $1.8 billion in top-line revenue by or before 2030. Along this journey we can service our customers more by merging with other entities that have a wealth of knowledge, education and awareness in the industry already,”
-Jim Becker, CEO of Becker Logistics.
John Andreotti, former COO and principle of Trek Freight said, Looking back, we knew we had to grow our company, but with the resources we had, our age and stage in life, we knew it was going to take far too long. We wanted to merge with a company that would not only keep our employees, but would offer an opportunity to catapult their careers. They needed more opportunities to grow. We have a great team and we didn’t want to lose any of them. We needed to merge with a company that had a vision and a larger engine in place to accelerate that growth. I’ve seen the overall vision and it’s going to provide for everyone that wants to grow individually and as a team. The merger has created a bigger and stronger team. There are so many more resources available to everyone which will aide them to reaching their personal goals and servicing their customers better than ever was possible before.
About Becker Logistics
Becker Logistics is a leading provider in the non-asset-based, third-party logistics (3PL) space, specializing in supply chain solutions that create transformational success for manufacturers, suppliers and retailers. Since inception in 1997, Becker has grown organically and non-organically with Trek Freight being its second acquisition. Savage Logistics, being the first, was acquired November 1, 2017. Becker works within this highly competitive area and has become the intermediary for over 580 customers. Becker offers an array of transportation services for customers ranging from mid-sized manufacturers to Fortune 100 corporations. Becker leverages supply chain experts, proprietary technology and operational expertise to make shipping freight more efficient for customers, giving them a competitive advantage in their industries. Becker’s competitive advantages include their intellectual properties: 3PL 360 | Freight Management Software, 3PL AIT | Artificial Intelligence Technology and 3PL LMS | Learning Management Software. Learn more at www.BeckerLogistics.com.
About Trek Freight Services
Trek Freight Services has been providing third-party logistics services in the United States since 2001, offering non-asset-based services in the areas of van, flat bed, reefer, intermodal, LTL, team service and expedited. They move various commodities, which includes packaging, building products, food and beverage, automotive chemicals, scrap virgin plastics, scrap and virgin metals, printed matter, scrap paper, consumer products, and industrial and commercial chemicals. Trek Freight is highly service oriented with the highest customer and carrier retention rate in the industry.
FleetOps | April 01, 2022
FleetOps, North America's fastest-growing capacity aggregation and freight matching platform built exclusively for brokers and third-party logistics, is excited to announce its most recent integration with Turvo, provider of the world's leading collaboration application designed for the supply chain. Turvo connects people, systems and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth. Through this partnership, Turvo customers will have access to FleetOps' growing network of more than 227,000 drivers.
For freight brokerages using Turvo, this new integration will allow for easy posting of loads, access to quality capacity, onboarding of carriers, and booking of loads directly within the Turvo platform. Additionally, the partnership will give brokers the ability to reduce the number of external applications required to run their business and maintain their current transportation management system (TMS) processes while allowing access to a new subset of carriers interested in hauling their loads. With trucks driving empty 20% of the time, providing automated load matching is more important than ever.
"Turvo's commitment to providing a comprehensive supply chain management solution to its customers is unmatched, and we are excited about this partnership and opportunity to further their efforts,Without this integration, brokers typically resort to unnecessary and time-consuming manual processes such as outbound calling, email blasts, and negotiations. Through this partnership, FleetOps will proactively bring trucking companies to brokers by aggregating capacity across load boards, then provide easy access to this information through Turvo's TMS platform."
-Chris Atkinson, CEO of FleetOps.
This partnership will be instrumental in saving brokers' time - from easy posting of loads to on-the-spot booking, all within a platform they already use, We are constantly looking for ways to streamline processes and offer efficiencies to our customers, and this integration with FleetOps will further support our efforts.
Founded in 2017, FleetOps is an on-demand freight marketplace that matches freight from brokers to carriers with available capacity. The system does this by leveraging driver Electronic Logging Device data and Artificial Intelligence to improve on existing systems and increase efficiency in trucking.Currently boasting more than 227,000 drivers available to haul loads, the company has raised more than $8.5 million to date from investors including Resolute Ventures and Inspired Capital. FleetOps has existing partnerships with Convoy, Edge Logistics, FleetComplete, and Loadsmart.Visit FleetOps.ai to learn more.
Turvo provides the world's leading collaboration application designed specifically for the supply chain. Turvo connects people and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth. The technology unifies all systems, internal and external, providing one end-to-end solution to execute all operations and analytics while eliminating redundant manual tasks and automating business processes. Turvo's customers include some of the world's largest, Fortune 500 logistics service providers, shippers, and freight brokers. Turvo is based in the San Francisco Bay Area with offices in Dallas, Texas, and Hyderabad, India. (www.turvo.com)
SOFTWARE AND TECHNOLOGY
Greenscreens.AI | April 29, 2022
Pricing has been a challenge for shippers, brokers and carriers since freight started rolling down the line, and it has persisted to be an archaic aspect of the freight industry. Greenscreens.AI is changing that by providing innovative, dynamic solutions to minimize the challenges within the industry, creating unprecedented levels of transparency.
"The freight industry has shifted into a more dynamic, unpredictable state primarily because consumers and B2B now maintain an expectation of a faster, more efficient shipping process. If logistics service providers hope to survive in this climate, they need to adapt their pricing strategies so they can quickly respond to real-time market conditions. Trey is an incredible voice who is continually advocating for this type of technology initiative. Greenscreens.AI is addressing these problems by providing real-time dynamic pricing using the most advanced AI and machine-learning technology available in the industry. This partnership was a perfect match."
-Kevin Coomes, Vice President of Sales at Greenscreens.AI.
The partnership includes Greenscreens.AI sponsorship of all episodes of The Word on the Street, a weekly podcast that includes 10 logistics professionals, including Trey, the host of the show and Founder & CEO of BETA Consulting Group.
"In looking for a partner to sponsor The Word on the Street and to welcome me as a brand ambassador, there are only two criteria that guide my decisions: Do I believe in the product/service? And do I believe in the people behind it? In the case of Greenscreens.AI, it was a resounding 'yes' to both criteria, as they continue to revolutionize the ability to understand and predict pricing based on real-time intel, true machine learning and AI," states Griggs.
Greenscreens.AI has partnered with leading organizations that understand the power of a connected ecosystem and want to revolutionize the digital evolution of logistics. By connecting people, price, demand and supply, in the systems you and your trading partners already use, Greenscreens.AI and our partners together enable a truly digital dynamic sourcing experience. Our Marketing Partners and Advisors, like BETA Consulting Group, have a shared vision on the power of dynamic pricing in a connected ecosystem. Through collaboration with these partners, we jointly work to build market awareness of the Greenscreens.AI brand and the future of dynamic pricing for the logistics industry.
"We're thrilled to partner with Trey and BETA Consulting Group on our journey to transform the industry together. Trey has continued to prove himself to be a thought-leader with a very pragmatic approach to addressing decades-old industry challenges. Our decision to partner with him and his organization was a no-brainer, and we very much look forward to working together,"
-Dawn Salvucci-Favier, CEO of GreenScreens.AI
About BETA Consulting Group
BETA Consulting Group is a sales & marketing consulting firm based out of Wildwood, Missouri, focused on sales, marketing & leadership, specifically branding, messaging, content creation and distribution. Led by founder Trey Griggs, an 11-year veteran in the transportation, logistics & supply chain industry, BCG offers unique, service-based solutions alongside consulting to create dynamic strategies and powerful deliverables. BCG also produces multiple podcasts, including The Word on the Street and Standing Out. To learn more, visit www.betaconsultinggroup.com.
Greenscreens.AI is a dynamic pricing infrastructure for the logistics industry that delivers buy and sell-side market intelligence and business insights to help you grow and protect your margins. We exist to help our customers quote with confidence & win more business…more profitably. Our solution combines the power of aggregated market data and your company's data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to your company's individual buying and selling behavior. For more information about Greenscreens.AI visit www.greenscreens.ai.
Evans Transportation | March 30, 2022
Officials for Evans Transportation Services Inc. (Evans) announced a new partnership with Milwaukee-based Renaissant Inc. As a full-service, third-party provider of custom logistics solutions for North American shippers, Evans' end-to-end transportation management systems now include Renaissant's proprietary platform, a technology designed to support and drive efficiencies throughout the supply chain. While providing value-added services and additional efficiencies for Evans' customers, officials for Renaissant say they expect the partnership to grow and add strength to their offerings and customer base.
By focusing on ground-level activities across yard management, driver management, warehousing, and transportation operations, Renaissant's platform provides managers real-time, 360-degree data, while allowing warehouse staff and delivery drivers to communicate via mobile-friendly, multi-lingual formats. The system integrates with leading ERP platforms, including Oracle, SAP and Epicor, or custom in-house solutions, providing IT professionals flexibility, easy configuration, and real-time visibility into integrations and logs.
With Renaissant's platform, officials say Evans' customers will enjoy faster and safer turn times, reduced dwell times and detention charges, along with real-time visibility, tracking and accounting of yard assets.
"Dwell time is a big component in our world. The more you create, the less you become a shipper of choice, In our quest to make our customers as efficient and reliable as possible, we've shopped every possible system for yard and driver management over the years, even making several attempts to build our own. When we discovered Renaissant, we knew this was something we had to be part of and make part of the Evans platform to further execute on the Evans Experience."
-Ryan Keepman, CEO of Evans.
While most manufacturers and distribution centers continue to rely on manual and paper-driven driver check-in processes, Renaissant digitizes driver and yard management to make it seamless, while also adding an additional layer of security. As a result, transport drivers are automatically routed directly to the point of pickup or drop-off.
"Evans is the market leader in third-party custom logistics. By making Renaissant part of the info provided through the Evans Integration Hub, we're making the best even better, As a result, operations that typically take as much as an hour and a half, or more, can be reduced to just 15 minutes."
-Tom Dean, president and CEO of Renaissant.
About Evans Transportation Services Inc.
Evans Transportation Services Inc. is a full-service, third-party provider of custom logistics solutions for North American shippers. Equipped with exclusive carrier contracts, true transparency, and time- and cost-saving optimizations, the company's end-to-end transportation management systems are backed by a dedicated team with decades of experience.
With decades of experience in global commodities, industrials, workforce management and data science industries, Renaissant provides digital tools for driving efficiencies throughout the supply chain. The Milwaukee-based company's proprietary platform is revolutionizing driver and yard management and operations.