The Company is an asset-based logistics and transportation solutions provider offering customized services to clients and their transportation needs. The Company specializes in pneumatic dry bulk sand, flatbed, step deck, double drop, RGN, over-dimensioned, heavy haul and dry van services for customers and lanes across the continuous United States, Canada, and Mexico. The Company is staffed with an experienced management team and skilled representatives, which recently executed the successful implementation of growth initiatives that resulted in Company adjusted EBITDA averaging over $4.1 million the last two years despite market slowdowns in key industries served. Investment Considerations: Strong Relationships with Blue-Chip Clients: By establishing a reputation for an impeccable safety record and providing superior customer service levels, the Company has built an impressive client base consisting of globally recognized entities in the locomotive, energy, cement, and third party logistics industries, which has resulted in an expanding and consistent repeat business revenue stream. The Company currently holds multi-lane contracts with 16 customers in several different market sectors. Strong Historical Performance: Revenue increased at a 32.5% compounded annual growth rate during the historical period by successfully securing key contracts as well as penetrating new customer market sectors such as energy. Despite incredible growth, performance has remained strong through the first 6 months of 2016 as management continues to identify and pursue additional growth opportunities that will position the business well to capitalize moving into 2017 and beyond. Strong Balance Sheet: Despite operating in a capital intensive industry that can cause cash flow concerns for weaker operations, our client maintains a strong balance sheet putting management in an excellent position to devote resources towards opportunities going forward. With a current ratio above 2.5 and debt ratio around 0.3 as of Dec. 2015, liquidity is substantial and long term prospects are impressive.
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