Established Logistics 3PL Trucking Freight Broker
Chicago, IL (Cook County) (Relocatable)
Request more information below
Asking Price: $3,300,000
Gross Revenue: $4,600,000
Cash Flow: $600,000
This company has been loyally serving the transportation community mile after mile. As a Chicago based 3PL and trucking company, we’ve been exposed to the rigors of the transportation industry and have a clear understanding of the term “just-in-time”. Our customers have access to a wide array of solutions no matter how complex the problem. As a result gross revenues were up 12% in 2019 and profits were up 50%!!
The global 3PL market reached $75 billion in 2014, and grew to $157 billion in the US; demand growth for 3PL services in the US (7.4% YoY) outpaced the growth of the US economy in 2014. As of 2014, 80 percent of all Fortune 500 companies and 96 percent of Fortune 100 used some form of 3PL services.
Growth & Expansion
The global third-party logistics market is predicted to grow at around five percent CAGR during 2016 to 2024, with the market expecting to attain a size of about USD $1,054 billion by 2024.
Support & Training
Available for a smooth transition
Reason for Sale