ShipRite Logistics LLC

Woman owned Hispanic small truck company looking to raise 500k new equipment and a lot to house vehicles  currently operating one truck
"The goal should be that every product will be delivered to the final destination without any damage or loss of value. An additional transportation goal is the timely delivery of goods. A common goal that transportation companies share is that freight will be delivered on time, every time."

Trucks are the main transport option for most foreign goods arriving at large US ports. Trucking is responsible for the overland freight movement in the United States, with the market being worth $791.7 Billion in 2019. In 2019, the trucking industry hauled $11.84 Billion tons of freight representing 725%  of the total domestic tonnage in the country. It has been predicted that trucking rates and volumes were to began rising to reach 2019 levels by mid 2021.

The US freight brokerage market is moderately fragmented in nature with the presence of large regional firms, global firms, and small and medium sized local firms in the market. Large firms such as C.H. Robinson dominates the industry, followed by XPO Logistics. About 8 to 10 top firms account for one third of the total gross revenues, which makes room for smaller firms such as SHIPRITE Logistics to grow.

As the CEO of SHIPRITE Logistics, Clemencia has 5 years freight agent experience, 8 years business management experience, have obtained an Associates degree in Business Management.  SHIPRITE Logistics LLC was established in 2020. The company has obtained its UCR w/ an assigned USDOT # & MC #, as well as its broker license. 
 
Considering the competitiveness of freight brokerage industry, so many firms are taking advantage of the use of digital freight brokerage integration with load-matching and real-time pricing. SHIPRITE Logistics is looking to raise the money to afford the innovative technology and software systems needed to stand with its competitors. SHIPRITE is working towards becoming one of its area's leading freight brokerage firms, which will help its community to grow through the establishment of jobs and the growth of local and other businesses. The company is working towards hiring at least 10 agents within its first year.  SHIPRITE Logistics looks forward to its expansion after its first year of operations, in which it will invest in two trucks which will give the company the opportunity to move more freight throughout its market.  The company's intention is to meet the need for more carriers in the industry.