Atlantic Street Capital Partners secures the management consulting services of Ahern and Associates to develop a long term growth strategy for future transportation acquisitions.
Phoenix, AZ—Ahern and Associates, North America’s leading trucking and transportation management consulting firm, has been engaged by Atlantic Street Capital Partners, a private equity firm with a focus on lower, middle-market special situations and deep value investments, to provide a long term growth strategy to aid their already profitable transportation platform.
Atlantic Street is a special situations private equity firm that invests in companies which present challenges to typical investors. Atlantic is comfortable taking controlling equity positions in its companies requiring significant operational improvements, including turnaround’s and restructuring.
After taking part in several trucking company acquisitions, including a recent purchase that specializes in the heavy haul industry, Atlantic Street recognized the need to put together a strategy for advancement which includes targeting future transportation and trucking acquisitions. And since Atlantic Street focuses on “deep value” investments and opportunities where investors face unique challenges which often times impact the valuation of the company, their timing couldn’t be more prudent.
Securing the management consulting services of Ahern and Associates was a natural fit considering Ahern’s years of experience in guiding companies through the often times risk laden dealings of transportation mergers and acquisitions. A.W. Ahern, CEO of Ahern and Associates explains, “We’re thrilled to be working with Atlantic Street and look forward to applying our vast experience within the trucking and transportation industries to their long term growth strategy and are honored that they have selected our firm to be one of their trusted partners.”
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 .
Tuesday, February 16, 2010
Dependable Highway Express (DHE) Relies on Ahern and Associates to Complete Second Successful Trucking Acquisition
Ahern and Associates is entrusted, once again to target a second profitable trucking company acquisition to fuel growth for industry leader, Dependable Highway Express.
Phoenix, AZ,—At a time when many trucking companies are looking to downsize and reduce operations, Dependable Highway Express (DHE) continues to grow. In large part, their expansion efforts are a result of the merger and acquisition services performed by Ahern and Associates, North America’s leading trucking and transportation management consulting firm.
Bolstering Dependable Highway Express’s expansion efforts is the recent purchase of J.M. Express, Inc., a targeted acquisition identified by the skilled management consultants at Ahern and Associates. In acquiring J.M. Express, Inc., DHE adds another dimension to their already dominant west coast operations by increasing their carrier fleet capacity and further expanding their customer base.
Relying for the second time on the services of Ahern and Associates to successfully seek out and aid in acquiring a profitable acquisition was an easy decision for Ron Massman, President and CEO of DHE. “I’ve known Andy (Ahern and Associates) for many years and it’s always been a pleasure working with him. I really appreciate his knowledge of the transportation industry, including contacts, evaluations and ability to work through issues….I want to thank Ahern & Associates, Ltd and Andy for presenting us the opportunity to purchase J.M. Express and for working with both companies to complete the transaction.”
The long list of exclusive contacts within the transportation industry that Ahern and Associates has accrued throughout their tenure is one of the many tools used in identifying profitable acquisition targets that many times are not even for sale. A.W. Ahern explains, “Our broad database of contacts that helps us identify acquisitions within the trucking industry was built based on trust. And it’s that same trust that our clients place in us that allows us to be so successful in assisting our management clients.”
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 .
Phoenix, AZ,—At a time when many trucking companies are looking to downsize and reduce operations, Dependable Highway Express (DHE) continues to grow. In large part, their expansion efforts are a result of the merger and acquisition services performed by Ahern and Associates, North America’s leading trucking and transportation management consulting firm.
Bolstering Dependable Highway Express’s expansion efforts is the recent purchase of J.M. Express, Inc., a targeted acquisition identified by the skilled management consultants at Ahern and Associates. In acquiring J.M. Express, Inc., DHE adds another dimension to their already dominant west coast operations by increasing their carrier fleet capacity and further expanding their customer base.
Relying for the second time on the services of Ahern and Associates to successfully seek out and aid in acquiring a profitable acquisition was an easy decision for Ron Massman, President and CEO of DHE. “I’ve known Andy (Ahern and Associates) for many years and it’s always been a pleasure working with him. I really appreciate his knowledge of the transportation industry, including contacts, evaluations and ability to work through issues….I want to thank Ahern & Associates, Ltd and Andy for presenting us the opportunity to purchase J.M. Express and for working with both companies to complete the transaction.”
The long list of exclusive contacts within the transportation industry that Ahern and Associates has accrued throughout their tenure is one of the many tools used in identifying profitable acquisition targets that many times are not even for sale. A.W. Ahern explains, “Our broad database of contacts that helps us identify acquisitions within the trucking industry was built based on trust. And it’s that same trust that our clients place in us that allows us to be so successful in assisting our management clients.”
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 .
Tuesday, February 9, 2010
Andy Ahern's Partnership Program Developed by Ahern and Associates Lightens the Load for Trucking Companies
Exclusive partnership program allows trucking companies to increase cash flow by streamlining operations and slashing operating costs.
Being the life blood of America is more difficult today than it’s ever been. Owners of trucking companies are eternally battling increased restrictions, regulations, escalating fuel costs and hefty insurance deposits; all of which put a stranglehold on cash flow.
Recognizing the need to assist companies struggling with managing cash flow, the trucking and logistics consulting firm of Ahern and Associates has developed a unique partnership program that provides many useful benefits to trucking companies. Included within the program are automobile and cargo insurance, fuel cards, receivables financing and access to additional trucks. To aid with streamlining day to day operations, Ahern’s partnership program also provides credit checks on customers and provides direction to the DOT and all accompanying log audits which, in turn, helps shift focus back to running the business.
One of the greatest benefits to carriers enrolled in the program is the provision of cargo, automobile and worker’s compensation insurance. This allows the trucking company to avoid the 25-30% insurance deposits required which often ties up cash that can be utilized elsewhere. Ahern and Associates’ partnership program also helps off-set rising fuel costs by providing a fuel card which permits carriers to effectively deal with fuel vendors who demand payment immediately or shortly thereafter and have fuel costs taken out at the settlements at the end of the week, further freeing up cash.
Ahern’s partnership program also offers trucking companies the option to set up their own brokerage operation without the high upfront costs associated with start up. The program gives carriers access to 32 agents across the United States that can be used as sales representatives to help load trucks in addition to over 12,000 approved truck carriers in the system. Participants in the program can also take advantage of an extensive network of customers on a national basis as well as a staff of professionals that will assist the partner in cross selling his customer base.
For example, if a trucking company primarily hauls van freight, they can now solicit their customers for flatbed, refrigerated or intermodal freight. Furthermore, the partner will pay the trucking company, the carrier and then extend terms on receivables.
Ahern’s partnership program has had tremendous success says A.W. Ahern, CEO of Ahern and Associates, “This unique approach to cash flow management has proven to be an extremely effective program that truly helps companies stay focused on daily operations. Our partnership program eases cash flow restrictions and provides smaller carrier lines the tools necessary to stay competitive in today’s trucking industry.”
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 .
Being the life blood of America is more difficult today than it’s ever been. Owners of trucking companies are eternally battling increased restrictions, regulations, escalating fuel costs and hefty insurance deposits; all of which put a stranglehold on cash flow.
Recognizing the need to assist companies struggling with managing cash flow, the trucking and logistics consulting firm of Ahern and Associates has developed a unique partnership program that provides many useful benefits to trucking companies. Included within the program are automobile and cargo insurance, fuel cards, receivables financing and access to additional trucks. To aid with streamlining day to day operations, Ahern’s partnership program also provides credit checks on customers and provides direction to the DOT and all accompanying log audits which, in turn, helps shift focus back to running the business.
One of the greatest benefits to carriers enrolled in the program is the provision of cargo, automobile and worker’s compensation insurance. This allows the trucking company to avoid the 25-30% insurance deposits required which often ties up cash that can be utilized elsewhere. Ahern and Associates’ partnership program also helps off-set rising fuel costs by providing a fuel card which permits carriers to effectively deal with fuel vendors who demand payment immediately or shortly thereafter and have fuel costs taken out at the settlements at the end of the week, further freeing up cash.
Ahern’s partnership program also offers trucking companies the option to set up their own brokerage operation without the high upfront costs associated with start up. The program gives carriers access to 32 agents across the United States that can be used as sales representatives to help load trucks in addition to over 12,000 approved truck carriers in the system. Participants in the program can also take advantage of an extensive network of customers on a national basis as well as a staff of professionals that will assist the partner in cross selling his customer base.
For example, if a trucking company primarily hauls van freight, they can now solicit their customers for flatbed, refrigerated or intermodal freight. Furthermore, the partner will pay the trucking company, the carrier and then extend terms on receivables.
Ahern’s partnership program has had tremendous success says A.W. Ahern, CEO of Ahern and Associates, “This unique approach to cash flow management has proven to be an extremely effective program that truly helps companies stay focused on daily operations. Our partnership program eases cash flow restrictions and provides smaller carrier lines the tools necessary to stay competitive in today’s trucking industry.”
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 .
Ahern and Associates Aids Total Transportation Services In Securing Three Additional Agent Agreements
Dallas based Total Transportation Services, LLC relies on Ahern and Associates to once again secure successful agent partnership programs within the trucking and logistics industry.
Ahern and Associates secures a third agent agreement on behalf of Total Transportation Services, LLC further demonstrating why they are widely recognized as the North American leader in the fields of trucking company mergers and acquisitions within the trucking and transportation industry.
Trucking companies throughout the U.S. and Canada have learned over the years that the business of add-on acquisitions is often times a risk laden proposition. By securing the professional services of a transportation and trucking company management consulting firm like Ahern and Associates, participants of these transactions are better able to avoid costly pitfalls and establish successful agent development programs.
Dennis Farnsworth, Executive Vice President and Chief Financial Officer of Total Transportation Services, LLC, explains why they repeatedly trust Ahern and Associates to handle their agent development programs including their three most recent transactions: “Andy Ahern and his staff’s knowledge base and contacts in the transportation industry are a valuable resource to both buyers and sellers. Ahern and Associates continuously demonstrates a commitment to serving their customers with high quality service.”
Having already boosted Total Transportation Services’ revenue by 70 million dollars within one year, the casual observer might think that the experienced staff at Ahern and Associates is satisfied. Not exactly, trumps A.W. Ahern, CEO of Ahern and Associates, “Just because we’ve closed a few deals for a particular client doesn’t mean we’re done. Through our broad base of trusted contacts within the logistics and trucking industries, my staff and I are continually seeking out opportunities that make not only make economic sense for our clients, but also produce a profit.”
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 .
Ahern and Associates secures a third agent agreement on behalf of Total Transportation Services, LLC further demonstrating why they are widely recognized as the North American leader in the fields of trucking company mergers and acquisitions within the trucking and transportation industry.
Trucking companies throughout the U.S. and Canada have learned over the years that the business of add-on acquisitions is often times a risk laden proposition. By securing the professional services of a transportation and trucking company management consulting firm like Ahern and Associates, participants of these transactions are better able to avoid costly pitfalls and establish successful agent development programs.
Dennis Farnsworth, Executive Vice President and Chief Financial Officer of Total Transportation Services, LLC, explains why they repeatedly trust Ahern and Associates to handle their agent development programs including their three most recent transactions: “Andy Ahern and his staff’s knowledge base and contacts in the transportation industry are a valuable resource to both buyers and sellers. Ahern and Associates continuously demonstrates a commitment to serving their customers with high quality service.”
Having already boosted Total Transportation Services’ revenue by 70 million dollars within one year, the casual observer might think that the experienced staff at Ahern and Associates is satisfied. Not exactly, trumps A.W. Ahern, CEO of Ahern and Associates, “Just because we’ve closed a few deals for a particular client doesn’t mean we’re done. Through our broad base of trusted contacts within the logistics and trucking industries, my staff and I are continually seeking out opportunities that make not only make economic sense for our clients, but also produce a profit.”
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 .
Ahern and Associates Aid 4th Trucking Acquisition for Greatwide Logistics Services
Greatwide Logistics Services entrusts Ahern and Associates once again for merger and acquisition services within the trucking and logistics industry.
Ahern and Associates, the North American leader in the field of transportation and trucking management and consulting, has successfully completed the latest acquisition for industry forerunner, Greatwide Logistics Services. This marks the fourth time that Greatwide Logistics Services has relied upon Ahern and Associates to aid them in targeting top quality trucking company acquisitions.
Richard Metzler, Chief Communications Officer of Greatwide, explains why they repeatedly trust Ahern and Associates to handle their acquisitions, including their most recent acquisition of Camrett Logistics. “Acquisitions tend to have risk by their very nature, but I know one risk I do not have to worry about is Ahern and Associates providing me with deep and accurate insights.”
At the core of Ahern and Associates’ success lies their business processes which have enabled them to carve out a unique niche within the consulting industry. Metzler elaborates: “When I compare Ahern and Associates to other firms, it is clear to me that they have a different, better and differentiated business model.” By focusing on mergers and acquisitions of trucking and logistics companies while increasing efficiency and profitability for struggling carrier lines, Ahern and Associates has emerged as a champion within their industry.
Benefiting from the depth of its staff, former presidents and CEOs of various transportation and trucking companies, Ahern and Associates prides itself in having the experience and wherewithal to competently handle any situation. A.W. Ahern, CEO of Ahern and Associates, relies heavily on his years of expertise to fulfill his clients’ needs and experiences considerable gratification knowing his clients are satisfied. Ahern states, “Our management consultants have seen it all. From the one rig, LTL owner/operator who needs to improve operating efficiency, to the larger fleet carriers who need assistance in acquiring desirable expansion targets, one thing is for certain; when they hire Ahern and Associates, they’re going to be satisfied.”
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 .
Ahern and Associates, the North American leader in the field of transportation and trucking management and consulting, has successfully completed the latest acquisition for industry forerunner, Greatwide Logistics Services. This marks the fourth time that Greatwide Logistics Services has relied upon Ahern and Associates to aid them in targeting top quality trucking company acquisitions.
Richard Metzler, Chief Communications Officer of Greatwide, explains why they repeatedly trust Ahern and Associates to handle their acquisitions, including their most recent acquisition of Camrett Logistics. “Acquisitions tend to have risk by their very nature, but I know one risk I do not have to worry about is Ahern and Associates providing me with deep and accurate insights.”
At the core of Ahern and Associates’ success lies their business processes which have enabled them to carve out a unique niche within the consulting industry. Metzler elaborates: “When I compare Ahern and Associates to other firms, it is clear to me that they have a different, better and differentiated business model.” By focusing on mergers and acquisitions of trucking and logistics companies while increasing efficiency and profitability for struggling carrier lines, Ahern and Associates has emerged as a champion within their industry.
Benefiting from the depth of its staff, former presidents and CEOs of various transportation and trucking companies, Ahern and Associates prides itself in having the experience and wherewithal to competently handle any situation. A.W. Ahern, CEO of Ahern and Associates, relies heavily on his years of expertise to fulfill his clients’ needs and experiences considerable gratification knowing his clients are satisfied. Ahern states, “Our management consultants have seen it all. From the one rig, LTL owner/operator who needs to improve operating efficiency, to the larger fleet carriers who need assistance in acquiring desirable expansion targets, one thing is for certain; when they hire Ahern and Associates, they’re going to be satisfied.”
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 .
Ahern & Associates' New Financial Software Developed To Assist Trucking Industry And Freight Brokers
New Financial Software Developed To Assist Trucking Industry And Freight Brokers
Ahern and Associates introduces Financial I.Q. software to the transportation industry; provides bottom line relief and financial clarity.
Phoenix, AZ, June 8, 2009—Owners of trucking companies and freight brokerages across the nation that are feeling the brunt of today’s economic conditions now have the ability to right the ship with the help of Ahern and Associates’ new Financial I.Q. software. Long known for their ability to assist trucking and logistics companies in reducing costs and increasing profitability, Ahern and Associates has developed a software platform which allows truckload carriers, LTL carriers and freight brokers to take a more hands on approach.
Financial I.Q. empowers all sizes of trucking and logistics companies with the ability to truly examine their bottom line and all of the factors that contribute to it. Unlike typical financial software, Financial I.Q. works directly off of the company profit and loss statement and balance sheet to provide the user with individual profit and loss statements for any variable or segment within the company’s operations. Once Financial I.Q. breaks down variables like revenue per mile, shipping points or fuel surcharges, the company is then able to take that data and make adjustments to significantly reduce costs and increase profitability.
In addition, the software provides for a “what if” analysis that can be used by the trucking company or freight broker to test any solution to a future issue that could potentially effect profitability. For example, a trucking company may want to explore the possibility of utilizing an unconventional route or a freight broker might want to test the viability of accepting a new shipping client.
Financial I.Q. fills a much needed void in the transportation industry at a time when fuel costs are soaring and profitability is declining. A.W. Ahern, CEO of Ahern and Associates explains, “What’s great about Financial I.Q. is its flexibility. The software is customizable to your business whether you’re a broker, truckload carrier or an LTL owner/operator; it provides the same keen insight and results that help you identify problems, fix them and become more profitable.”
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 .
Ahern and Associates introduces Financial I.Q. software to the transportation industry; provides bottom line relief and financial clarity.
Phoenix, AZ, June 8, 2009—Owners of trucking companies and freight brokerages across the nation that are feeling the brunt of today’s economic conditions now have the ability to right the ship with the help of Ahern and Associates’ new Financial I.Q. software. Long known for their ability to assist trucking and logistics companies in reducing costs and increasing profitability, Ahern and Associates has developed a software platform which allows truckload carriers, LTL carriers and freight brokers to take a more hands on approach.
Financial I.Q. empowers all sizes of trucking and logistics companies with the ability to truly examine their bottom line and all of the factors that contribute to it. Unlike typical financial software, Financial I.Q. works directly off of the company profit and loss statement and balance sheet to provide the user with individual profit and loss statements for any variable or segment within the company’s operations. Once Financial I.Q. breaks down variables like revenue per mile, shipping points or fuel surcharges, the company is then able to take that data and make adjustments to significantly reduce costs and increase profitability.
In addition, the software provides for a “what if” analysis that can be used by the trucking company or freight broker to test any solution to a future issue that could potentially effect profitability. For example, a trucking company may want to explore the possibility of utilizing an unconventional route or a freight broker might want to test the viability of accepting a new shipping client.
Financial I.Q. fills a much needed void in the transportation industry at a time when fuel costs are soaring and profitability is declining. A.W. Ahern, CEO of Ahern and Associates explains, “What’s great about Financial I.Q. is its flexibility. The software is customizable to your business whether you’re a broker, truckload carrier or an LTL owner/operator; it provides the same keen insight and results that help you identify problems, fix them and become more profitable.”
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 .
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