Haney Truck Line, LLC
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.
Haney Truck Line, LLC - overview
Established
1924
Location
Yakima, WA, US
Primary Industry
Logistics & Distribution
About
Haney Truck Line, LLC specializes in logistics services, providing comprehensive freight transportation solutions across the United States. The company focuses on safety and efficiency while ensuring high-quality service delivery. Founded in 1924 in Yakima, US, Haney Truck Line, LLC is a logistics company that offers freight transportation services. The company was part of a growth strategy that included the acquisition of Haney Transportation & Logistics in September 2017, although specific financial terms were not disclosed.
The company operates its headquarters in Yakima and has a strong presence in freight logistics within the country. Haney Truck Line, LLC delivers professional freight transportation services across the United States. The company emphasizes driver training and satisfaction, ensuring drivers are well-equipped to operate safely and efficiently. Its services cater to a diverse range of clients, including manufacturers and retailers, focusing on reliable transportation solutions.
Haney Truck Line employs modern equipment with advanced safety systems across its operations, which span key markets including the Midwest, Southwest, and Southeast regions of the United States. The company generates revenue through contracts with various businesses, primarily involving direct-to-business transactions for the transportation of goods. Pricing models include per-mile charges and dedicated fleet services, tailored to meet client needs. Additionally, Haney Truck Line benefits from driver referral programs that assist in recruiting and maintaining a strong workforce, further enhancing their operational capacity.
Future growth plans for Haney Truck Line involve leveraging the acquisition of Haney Transportation & Logistics to expand their service offerings. The company aims to penetrate new geographic markets and enhance its operational capabilities by optimizing logistics solutions. Recent funding from the acquisition will be utilized to support these initiatives, with a focus on enhancing fleet capabilities and operational efficiency.
Primary Industry
Logistics & Distribution
Sub Industries
Trucking
Website
www.gohaney.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Haney Truck Line, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Haney Truck Line, LLC | - | ||||||||
| Add-on | Completed | Post Transportation and Pacific Transportation | - | ||||||||
| Add-on | Completed | Nickel Plate Express, Inc. | - | ||||||||
| Add-on | Completed | Puget Sound Truck Lines Inc | - | ||||||||
| Buyout | Completed | Haney Truck Line, LLC | - |
Displaying 1 - 5 of 5
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.