Monday, March 22, 2010

Newly Released Transportation Software From Ahern & Associates Helps McKelvey Trucking Cut Costs, Assess Profitability

McKelvey Trucking markedly improves profitability when using newest version of Financial I.Q. 2.0 trucking software
to take the guesswork out of lane analysis.

Phoenix, AZ, —Fluctuating fuel costs, declining freight rates, increasing insurance requirements and escalating government regulations are all factors that make profitability assessment within the trucking industry critical to a trucking company’s survival. Recognizing the importance of customer rate profitability and staying abreast of current technologies is what has helped make McKelvey Trucking an industry leader for over fifty years.
Hoping to improve overall profitability when assessing potential and current customers, Dale Fink, CEO of McKelvey Trucking called on long time trucking analyst; Andy Ahern of Ahern & Associates for a solution. Fink found that solution in the latest release of Financial I.Q. 2.0 trucking software.
Financial I.Q. 2.0 transportation software is a windows based application which works directly off of the company’s actual financial statements to provide the user with keen insight on individual loads, shipping points, lanes, rates for bids, customers, round trips and equipment. When analyzing these individual segments, Financial I.Q. 2.0 generates a profit and loss statement that accurately details total revenues, total expenses, bottom line profit, profit percentages and operating ratios.
In addition, this version of Financial I.Q. 2.0 has an outstanding “what if analysis” capability for measuring the bottom line effect of any changes in rates, costs, productivity, miles per gallon and business volume.
Fink and McKelvey Trucking regularly use Financial I.Q. 2.0 to perform lane analysis when considering placement of a potential customer and to determine profitability. Fink explains, “Financial I.Q. gives us accurate analysis when we run a current or prospective customer through certain lanes; we can see if it’s profitable or not, then we can make adjustments.” Fink explains how they are able to make those adjustments, “It (Financial I.Q.) also gives us a handle on equipment by assisting us in determining who we put on certain loads; depending on the analysis, the software helps us decide whether we use an owner-operator or a company truck.”
Mark Gwynn, VP of McKelvey Trucking oversees the operation of Financial I.Q. 2.0 and knows its effects first hand. “Financial I.Q uses our actual company data to help us gain a better understanding of what types of costs are associated with our customers’ lanes and gives us the ability to rate accordingly—it’s a tremendous tool which has made a real impact to our bottom line.”
Financial I.Q. is profitability software customizable for all sizes of truckload, LTL and freight broker firms; a free demonstration can be found at http://www.ahern-ltd.com/offers/financialiq .
About Ahern and Associates:
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.


About McKelvey Trucking:
McKelvey Trucking is a Phoenix, AZ based truckload dry van carrier that operates within seven western states; primarily between Arizona, California and Nevada and has been in operation since 1957. With a fleet of over 200 tractors, McKelvey specializes in direct to store/customer delivery with Qualcomm-equipped tractors and drivers experienced in providing customers with the service their business demands. Utilizing the most current shipping technologies, McKelvey offers state-of-the-art EDI as well as Internet-based Track and Trace to aid customers in monitoring their shipments. For more information, please visit http://www.McKelveyTrucking.com .

Trucking Consultant, Andy Ahern to Join Esteemed Panel of Speakers at Upcoming TransForum 2009 Conference

Andy Ahern of Ahern & Associates to deliver expert insight about transportation mergers and acquisitions on speaking panel collaborated by James M. Hill of Benesch Law at TransForum 2009.

Phoenix, AZ --TransForum 2009 by TMW Systems, Inc. is the premier national conference for those utilizing trucking and logistics cost containment strategies via TMW’s enterprise transportation software. The conference will feature educational breakout sessions, networking opportunities and guest speakers delivering valuable messages on leadership and the viability of mergers and acquisitions within the trucking and transportation industries.
Commenting on the current state of transportation mergers and acquisitions will be James M. Hill, Executive Chairman of Benesch Law, in conjunction with expert panel members David Hallett of Lazard, Ltd and Andy Ahern of Ahern & Associates, Ltd.
Mr. Hill, a keynote speaker, expects attendees to gain specific knowledge on exactly how the current economy has affected the proposal of a merger or acquisition within the transportation industry and how these deals are getting done. Selected to deliver a portion of that message is Andy Ahern of Ahern & Associates; a twenty-plus year veteran in aiding hundreds of companies through the often times, risk laden proposition of mergers and acquisitions within the transportation industry.
“Andy has a deep knowledge of the transportation industry and an equally deep knowledge of the types of transactions taking place within the transportation industry—particularly in relation to pricing, terms and the overall viability of the transaction,” explains Hill.
TransForum 2009 takes place at the Gaylord Resort and Convention Center in Nashville, TN and runs from September 20 to September 23, 2009.
About Benesch:
With offices in Cleveland, Columbus, Philadelphia, Shanghai and Wilmington, Benesch’s practice and industry groups include Business Reorganization, the China Group, Compensation & Benefits, Construction, Commercial Finance & Banking, Corporate & Securities, Litigation, Energy, Health Care, Intellectual Property, Labor & Employment, Polymer Industry, Private Equity, Public Law, Real Estate & Environmental, Tax, Transportation & Logistics, and Estate Planning & Probate. For more information, visit www.beneschlaw.com.
About Ahern and Associates:
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 www.Ahern-Ltd.com .

Trucking Consulting Firm, Ahern & Associates Engaged by National Drayage Services, LLC (NDS) to Secure Bi-Coastal Agent Opportunities

NDS seeks to expand agent operations to Los Angeles and New York, hires transportation consultants, Ahern and Associates to aid in securing agent locations.

Phoenix, AZ--Securing successful agent locations in the nation’s two largest ports of entry is an integral first step in NDS’ overall, long term growth strategy. Assigned with the task of seeking out and acquiring agent partners that conform to NDS’ standards is Ahern & Associates, the nation’s leading trucking and transportation consulting firm.
Leveraging their broad list of contacts accrued over their twenty-two years in business, the skilled consultants at Ahern & Associates truly understand the market and are well positioned to advance the growth strategies of NDS. Developing agent locations in Los Angeles and New York will allow NDS to markedly expand their thriving import/export cargo business as well as increase their capacity to service their existing customer base.
Selecting Ahern & Associates to guide their expansion efforts was not a difficult decision for the company explains Christopher Moore, President of NDS. “We’ve had a long standing relationship with Andy Ahern of Ahern & Associates. They’ve helped our family of companies in the past and have always provided a very high level of service.”
Andy Ahern, CEO of Ahern & Associates comments on his relationship with NDS and IMC Companies. “We’ve really enjoyed working with them on previous deals and are confident that we can secure the right agent partners for their company.” Ahern goes on to explain, “Because of the affinity relationships we’ve developed within the trucking and shipping industries, we’re often times able to create markets where they didn’t exist before.”
If all goes according to plan, NDS intends to add an additional ten agent locations by the end of 2010.
About National Drayage Services, LLC (NDS):
NDS is a Memphis-based non-asset based motor carrier who provides intermodal transportation services specializing in import/export cargo shipments. In addition to inland trucking, they offer port-to-port drayage; local and long haul drayage; U.S. Customs bonded carrier; specialized equipment; dedicated operations. For additional information please visit http://www.NDSV.com.
About Ahern and Associates:
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.

Tuesday, March 2, 2010

Trucking Consulting Firm, Ahern & Associates Engaged by Intermodal Cartage Company Inc. (IMC) to Secure Bi-Coastal Agent Opportunities

Intermodal Cartage Company seeks to expand agent operations to Los Angeles and New York, hires transportation consultants, Ahern and Associates to aid in securing agent locations.
Phoenix, AZ--Securing successful agent locations in the nation’s two largest ports of entry is an integral first step of Intermodal Cartage Company’s overall, long term growth strategy. Assigned with the task of seeking out and acquiring agent partners that conform to IMC’s standards is Ahern & Associates, the nation’s leading trucking and transportation consulting firm.
Leveraging their broad list of contacts accrued over their twenty-two years in business, the skilled consultants at Ahern & Associates truly understand the market and are well positioned to advance the growth strategies of IMC. Developing agent locations in Los Angeles and New York will allow IMC to markedly expand their thriving import/export cargo business as well as increase their capacity to service their existing customer base.
Selecting Ahern & Associates to guide their expansion efforts was not a difficult decision for the company explains Chris Moore, President of National Drayage Services Inc. (NDS), a subsidiary of IMC. “We’ve had a long standing relationship with Andy Ahern of Ahern & Associates. They’ve helped our family of companies close several deals in the past and have always provided a very high level of service.”
Andy Ahern, CEO of Ahern & Associates comments on his relationship with IMC. “We’ve really enjoyed working with IMS on previous deals and are confident that we can secure the right agent partners for their company.” Ahern goes on to explain, “Because of the affinity relationships we’ve developed within the trucking and shipping industries, we’re often times able to create markets where they didn’t exist before.”
If all goes according to plan, IMS intends to add an additional ten agent locations by the end of 2010.

About Intermodal Cartage Company, Inc.:
Intermodal Cartage Company Inc., founded in 1982, is a Memphis-based provider of intermodal transportation services specializing in import/export cargo shipments. In addition to inland trucking, they offer port-to-port drayage; local round-trip drayage; U.S. Customs bonded carrier and warehouse; freight consolidation; packing and crating; full-service container depots; specialized equipment; dedicated operations; trailer/container maintenance and repair; and secured trailer/container storage. For additional information please visit http://www.IMCG.com

About Ahern and Associates:
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.

Evans Transportation Services Retains Ahern and Associates to Further Transportation Management Acquisitions and Strategic Goals

Transportation management specialists Ahern and Associates to aid Evans Transportation Services with future growth strategies by targeting supply chain management acquisitions.
Phoenix, AZ—Evans Transportation Services, one of the nation’s leading providers of transportation logistics has engaged the services of Ahern and Associates to secure a profitable non-asset based transportation management acquisition.
With over twenty years of experience in the practice of logistics utilizing only the latest in technological advancements, Evans Transportation Services seeks to expand their already growing business through the acquisition of a profitable transportation logistics company. Acquiring an additional entity to fuel the growth of Evans Transportation Services will further their ability to improve customer cycle times, reduce inventory levels and improve order fill rates.
Assigned with the task of seeking out their acquisition target are the skilled consultants at Ahern and Associates, North America’s leading trucking and transportation management firm. Charlie Keepman, Executive VP of Evans Transportation Services, explains why they selected Ahern and associates, “We interviewed several firms and found that Ahern’s knowledge and experience within the transportation industry is unsurpassed and we were particularly impressed with how they were most interested in what we were trying to accomplish and how they could best meet our needs.”
A.W. Ahern, CEO of Ahern and Associates agrees. “Our firm has always put our customer’s needs first and we’ll work harder than anyone to find the perfect acquisition which aligns with our clients’ goals.”
It seems that if all goes well, Evans plans to extend their growth plans into the near future says Keepman, “By applying our current, successful business model to future growth initiatives, we expect continued growth and look forward to future acquisitions in 2010.”
About Ahern and Associates:
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 www.Ahern-Ltd.com .

Trucking Consultants, Ahern & Associates Engaged by IWD Transportation to Facilitate Brokerage Company Acquisition

IWD Transportation, LLC seeks to add an additional brokerage company to their family of companies; appoints transportation consulting firm Ahern & Associates to further acquisition strategy.
Phoenix, AZ— Trucking consulting firm Ahern & Associates, Ltd. announced today that their trucking consulting firm has been hired to procure a brokerage company acquisition candidate for Farmington, MO based IWD Transportation, LLC.
Hoping to add to their profitable mix of Midwestern distribution and warehousing companies; IWD Transportation, LLC looks to acquire an additional brokerage company to further their reach and service capabilities throughout the Kansas City and St. Louis corridor. Brought on to find the perfect mix of quality people, service and profitability is Andy Ahern of Ahern & Associates, Ltd.
“I like the fact that Ahern & Associates is strictly transportation oriented and that their business model allows us to deal directly with acquisition candidates rather than through a third party like a business broker,” explains Walt Bruns, Managing Partner of IWD Transportation, LLC.
Having served the transportation industry for over 20 years, Ahern & Associates has built a long standing reputation for delivering quality results in a timely manner. “Like IWD, we also depend on quality people that always keep the client’s best interest in mind,” said Andy Ahern, CEO of Ahern & Associates, Ltd. “I’m also very confident in our abilities based on our extensive reach in the market to present IWD with brokerage candidates that strongly complement their existing business model.”
About IWD Transportation, LLC:
IWD Transportation, LLC is part of a 3PL company including Innovative Warehousing and Distribution, Inc., based out of Farmington, MO. With an emphasis on serving the construction and landscaping industries among others, IWD Transportation, LLC prides itself on its commitment to service since 1994. For additional information, please visit: http://www.IWDist.com .
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
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Business contact:
A.W. Ahern
602-242-1030

Media contact:
Jason W. Jantzen
Red Spot Marketing
Jason@redspotmarketing.com
602-282-0202