SHIPMATE LOGISTICS

Experts at turning your ship around

$2 Million Regional LTL & TL Carrier

Challenge:       To build a foundation for a successful LTL & TL hybrid carrier to expand operations and top line revenues regionally. Specifics included:

                                          *   Opening up a network of locations in other states as well as moving the corporate office out of state.

                                          *   Increasing top line revenues exponentially by securing new business accounts.

                                          *   Educate and train ownership on... a larger scale business model, multi-facility operations, pricing including bid proposals and

                                               national  accounts, marketing plans, reducing fixed & variable cost, eliminating miles and improving overall net profitability.          

Time Period:  Ongoing development but the results listed below were achieved in the period of one month to five months.

Results:

                    *   Implemented a fuel discount purchase program resulting in a 7%-12% fuel cost improvement.

                    *   Implemented a toll discount program resulting in a 5% toll cost improvement.

                    *   Secured a National Account via a bid and pricing proposal resulting in a projected top line revenue increase of 173%.

                    *   Improved Operating Ratio by 25 points in the first two months.

                    *   Assisted in the relocation of the corporate office to another state.

                    *   Asked to become a member of the Board of Advisors / Directors for the corporation.

---------------------------------------------------------------------------------------------------------------------------------