Big Red L.T.L. Transport, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Big Red L.T.L. Transport, Inc. - overview
Established
1983
Location
-, NJ, US
Primary Industry
Logistics & Distribution
About
Big Red L. T. L. Transport, Inc.
is a US-based logistics company specializing in flatbed over-the-road trucking services, emphasizing timely deliveries and reliable logistics solutions for various industries. Founded in 1983, Big Red L. T. L.
Transport operates in the US, providing essential flatbed trucking services. In June 2017, the company was acquired by Bulova Technologies LLC, a portfolio company of NewSpring Capital and TRF Private Equity, which was completed in July 2017. The founder's history and previous ventures are not disclosed. Big Red Transport specializes in flatbed over-the-road (OTR) trucking services, focusing on providing reliable logistics solutions that emphasize communication, service integrity, and timely delivery.
The company’s core offerings revolve around transporting goods across various geographical markets, ensuring that clients receive their shipments safely and promptly. Big Red Transport caters to a diverse client base that includes businesses requiring freight logistics for construction materials, machinery, and other oversized loads. By upholding high professional standards and prioritizing customer satisfaction, Big Red Transport positions itself as a vital partner in the supply chain for industries needing dependable transportation services. Big Red Transport operates on a structured revenue model that primarily involves service contracts and direct client engagements for transportation of goods.
The company generates revenue through its flatbed trucking services, which are billed based on the distance traveled and the specific requirements of each shipment. Clients, typically businesses in need of logistics support, engage the company for its commitment to excellence, and transactions are facilitated through direct contracts. The flatbed OTR drivers earn a competitive salary, and clients benefit from structured pricing plans that reflect the quality and reliability of the services provided. With a focus on maintaining high service standards, the company also offers bonuses linked to performance metrics, such as clean roadside inspections, further enhancing its value proposition to clients.
While specific upcoming products are not detailed, Big Red L. T. L. Transport is focused on expanding its market reach and enhancing operational capabilities.
The company aims to penetrate new geographic regions to better serve its clients, leveraging the recent acquisition to scale operations effectively. The funding from the acquisition deal in June 2017 is expected to facilitate this growth strategy. The acquisition was valued at an undisclosed amount but signifies a pivotal moment in the company's strategic direction.
Current Investors
Bulova Technologies
Primary Industry
Logistics & Distribution
Sub Industries
Trucking
Website
www.bigredtransport.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Big Red L.T.L. Transport, Inc. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.