New York & New Jersey Minority Supplier Development Council, Inc.’s Post

Inspired by OTW Shipping’s journey? In just two years, they went from shipping 120K packages to hitting $1M in revenue! But the road wasn't easy – like many small distribution companies, they faced their fair share of challenges. If you're navigating similar struggles, this guide is for you. Check out our blog to learn more: https://lnkd.in/dquNGYdb #businessgrowth #smallbusinesstips #logisticssolutions #financialconsultant #entrepreneurjourney #financialtips #supplychainmanagement #startuplife #businessstrategy #accountingservices #cfoservices #cpaservices #financialmanagement #canada #usa

Hot take on RXO, Inc. acquisition of Coyote Logistics Makes a ton of sense. Coyote tech was out of date and RXO is best in class. That’s a area other bidders would have had to invest heavily in that’s solved. Also their ability to still service TFI International Inc. and XPO LTL business has great synergies for all three businesses. Moreover, the RXO/XPO family of companies have shown that biz integration is a core competency. They’re as likely as any company to actually realize the value (unlike most M&A efforts). Finally - this is the starting gun that a bunch of companies and firms needed to get the M&A markets in logistics moving again. 2H is going to be spicy 🥵

Mike “Ace” McCarron gets a lot of questions about whether it’s a good time to sell, usually from #trucking company owners who are “seller-curious” and want an opinion on whether they can strike it rich. The fact is, deals that produce the best returns for the seller — both financially and personally — require a tremendous amount of preparation. You have to be ready to go when the time is right, and that timing can change on a dime. #truck #businessmanagement #mergersandacquisitions https://lnkd.in/gpw9-rbP

Is the sale of Coyote Logistics inevitable? UPS had high expectations for Coyote Logistics, but from the start encountered difficulties integrating them into their operations. Reports suggest that CEO, Carol Tomé is looking to offboard their brokerage unit after a significant decrease in revenue since the pandemic. This potential shift could create ripple effects in the freight market, impacting everything from rates to service levels. 

As a broker navigating this cyclical market, it is crucial to be able to reduce costs and increase efficiencies.

Three months ago, I joined the team Talon Logistics Inc. Here's what I've learned in that quarter: 1- From the outside, my perspective was that the company is a weird freight nirvana. It seemed to be really progressive when it comes to trying new things and learning, it seemed to foster a passion for doing right by customers, and clearly Talon has a dedication to #sustainability. The view from the outside is exactly right; and all of those things are true (I mean, heck, our CEO was invited to the White House to talk about the transition to ZEVs). -AND- 2- I was off on one major thing. There's WAY more appetite to keep it going and keep pushing the boundaries than I would have guessed. At the Mini-Manifest event last night (aside: Pam Simon knows how to throw a shindig!), I had a conversation about where digital freight brokerages have failed, and my response has always been the same. It's lack of focus on the things that matter to customers (more on this in another post). Talon doesn't have this issue. Everything we do, every piece of tech we roll out, every process we build... they're all focused on meeting the unique needs of each unique shipper (it's why we have clients who've been with us for more than 15 years). 3- Teamwork does make the dream work. Prior to joining Talon, I knew and respected the heck out of folks like Emmanuel Carrillo, Adam Tello, Abby Carrillo, Gio Marz, Luis Molina (legit creative genius!) and Justin O’Leary. Now, we're all on the same team, and as I've gotten to know everyone else... Oh My Goodness... I can't say enough good things about the people in the organization... every. single. one of them. 4- The numbers don't lie. We're crushing SLAs across the board. <.1% of containers we move accrue demurrage (and no, the decimal point in the percentage is not a typo... that's less than 1 in 1,000). It isn't branding smoke and mirrors... Talon just simply performs. I feel like a puppy who found his forever home. So happy to be here. #TalonSharp

Are you planning a transition in company ownership? A fair and equitable changeover is not always clear. Wipfli can help. With a business valuation and a clear picture of projections and options, #manufacturers like you can transition a family business to the next generation without conflict. See how Wipfli guided Van Zeeland Manufacturing in their journey.

The Birth of Hook&Go: A Story of Transformation  In 2020, the journey of Hook and Go Logistics began, Our founders, initially embarking on their own venture in the trucking industry, quickly encountered the daunting challenges of navigating state and federal filings. The dream was simple, to drive. Yet, the reality was far from it. Faced with a labyrinth of regulations, our ignorance led to a cascade of late fees and tax penalties, turning our dream into a relentless struggle. But within this struggle, we found our calling. Through relentless research and unwavering determination, we not only unearthed a system that triumphed over these hurdles but also ignited a passion to guide others. Hook and Go Logistics was conceived from this passion, with a core mission to empower owner-operators to obtain and maintain their authority with ease. Today, our focus remains unchanged. We strive to ensure every client feels secure and supported on the road, free from the burdens we once bore. We've been in your shoes; we've fought your battles. Allow us to lend our expertise, to steer you clear of the pitfalls and towards success. 🔗 Let Hook&Go be your beacon on the road. Together, we drive forward. #HookAndGo #Empowerment #TruckingSuccess #OwnerOperators

"As both a B-Corp and ISO14001 certified business, the Keert service aligns perfectly with our values, minimising the environmental impact of our daily work." - James, Spinlock Here in the fourth of our case studies series we discover how partnering with Keert has enabled Spinlock Ltd to not compromise on efficiency and productivity whilst working across multiple sites. Get the full case study article here https://lnkd.in/gEEkj7zS

Drumroll, Please! Introducing... The Rogers & Brown Blog! We've got some super exciting news to share – say hello to our latest venture, the Rogers & Brown Blog! It's like having a friendly chat with your favorite logistics experts every week, where we dish out answers to all those questions you've been itching to ask about shipping and logistics. Here is what will be in store: 🤓 Insider Insights: You ask, and we are answering. Everything you should know about the industry topics. 🎁 Industry Wisdom: With decades of knowledge, the top experts here at Rogers & Brown are answering these common questions. 📬 Straight to Your Inbox: Forget searching high and low for answers – we'll deliver them to you every week. Ready to join the fun? Hit that subscribe link here: https://hubs.li/Q02mBsRn0 Prefer to keep it old school? No worries! You can find the whole blog on our website https://hubs.li/Q02mBNT90 under the News tab. At Rogers & Brown, we could sit here and shout from the rooftops that we're the best in the shipping and logistics game. But hey, actions speak louder than words, right? That's why we let our articles take center stage. Our blog isn't just about tooting our own horn – it's a treasure trove of insights, tips, and industry wisdom. We believe in empowering you with knowledge to make informed decisions. Sign up today! #RogersAndBrownBlog #ShippingSavvy #LogisticsLove #JoinTheConversation #KnowledgeIsPower

🚚 Phil Sainvil of 1804 Ventures knows that we value our truckers. When warranty work was needed on his truck, we made sure it was done right and promptly, getting his driver back on the Road To Revenue. Listen as he shares his story! #InternationalUsedTrucks #DinersDriversAndRides #TruckerLife #TruckingIndustry