Working with Titan Transfer and Phillip Edwards and Tommy Hodges was an honor and I am truly fortunate to have had an opportunity to interact with both trucking executives
Phoenix, AZ (PRWEB) June 25, 2012
Ahern and Associates, Ltd., the nation’s leading trucking and logistics acquisition firm has announced an additional completed transportation acquisition. This time, the deal involves one of the nation’s premier midsized trucking and logistics firms in Titan Transfer, Inc. Titan recently contracted Ahern to assist them in acquiring specific assets of Williamsport, MD based, USA Cartage Company. USA Cartage is an asset based regional carrier which generates revenues of approximately $12MM to $14MM annually. As is the popular trend nowadays in transportation, Titan stated that the acquisition of USA Cartage broadens the service offerings of Titan’s Truck Load and Logistics Segment, while expanding the company’s capacity and customer logistics.
Andy Ahern, CEO of Ahern and Associates, has been leading the charge within the transportation industry in assisting trucking, logistics and warehousing companies in acquiring businesses which either expand their regional footprint or broadens their service offering to customers. When called upon to assist Titan, Ahern quickly located an opportunity which met Titan’s expansion plans while melding with their corporate culture. As with many smaller carriers, the ownership at USA Cartage was looking for the perfect opportunity to sell, while staying on and becoming a part of a larger organization.
“Working with Titan Transfer and Phillip Edwards and Tommy Hodges was an honor and I am truly fortunate to have had an opportunity to interact with both trucking executives. This is the third acquisition we have been able to assist Titan with and it was an excellent opportunity for both Titan and USA Cartage,” explained Ahern.
As a result of the number of acquisitions the firm has been engaged in, Ahern and Associates has been at the center of 2012’s movement within transportation towards consolidation. Over the last several weeks, Ahern announced numerous closings for companies such as Roadrunner Transportation, Echo Global Logistics and numerous private investors. Recently, Ahern announced an astounding, eight new clients seeking acquisition opportunities within transportation.
“It’s clear that companies who wish to not only survive, but thrive within the current landscape of transportation are making a strategic decision to acquire companies to expand their reach and provide a broader array of services to their customers.”
About Ahern & Associates, Ltd.:
Ahern and Associates is North America’s leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability. For more information, please call 602-242-1030 or visit http://www.Ahern-Ltd.com
Jason W. Jantzen
Phoenix Marketing Associates