Cason Global Logistics | Application Preview
Cason Global Logistics (CGL) is seeking government grants to cover its start-up costs amounting to $50,000. The funding will be allocated towards a variety of expenses, including incorporation fees, trucking-related costs (such as insurance, tags, and truck warranties), equipment, and initial cash reserves.
To generate revenue, CGL plans to incorporate independent contractors, explore dispatching opportunities, sell used vehicles, and collaborate with a non-profit organization. The company, which is minority-owned, aims to make significant contributions to the over-the-road (OTR) transportation industry while supporting community initiatives that provide housing and training for non-violent individuals re-entering society. The goal is to teach them to become independent owner-operators.
In a competitive landscape dominated by over 1,300 contracting companies working with giants like Amazon and FedEx, CGL believes it stands out due to its commitment to employee development. The company prioritizes its workforce by offering incentives such as signing bonuses and mentoring programs. By emphasizing community engagement and a focus on employee growth, CGL aims to carve out its niche in the trucking industry.
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General Information
Business Registration Number: 85-3915739
Location: Weldon Spring, MO, United States
Length of Operation: 6 months
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
CGL Start-Up Cost - Financials (2 - Semi) Items Start up cost Incorporation Expenses $100.00 DOT / MC filing & Application $300.00 BOC -3 filing $300.00 Over the Road ( 2 - Semi Trucks) Truck Warranties $6,000.00 Tags $1,700.00 Insurance $4,200.00 IRP Plates $3,000.00 IFTA $25.00 UCR $62.00 2290 I truck 1st year $550.00 Decals $200.00 DOT Inspection $200.00 Fire Extinguisher $30.00 ELD $350.00 omni track $1600 / $60 per month GPS $800.00 Drug Program $300.00 Supervisor Training $50.00 Equipment - Binders $360.00 Equipment - chains $240.00 Equipment - Straps $200.00 Equipment - Tarps $600.00 Equipment - Safety Triangle $33.00 Equipment - Load Board $100.00 Equipment - Computer $1,500.00 Fuel Expenses $1,600.00 Online presences $1,000.00 Cash on hand $16,200.00 Reservers $10,000.00 total Initial start up $50,000.00
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Business Plan
Developing new revenue streams: 1) Incorporate independent contractor. 2) Incorporate Dispatching opportunities. 3) Sales of used vehicles. 4) Joint venture with Non-profit organization. Cason Global logistics is a minority own logistic company, attempting to make positive inroads into the OTR transportation industry with the hopes of leveraging our parent company to springboard our community non-profit efforts. We are dedicated to giving back by providing non-violent individuals re-entering society housing, training, and opportunity to learn to become owner operators that independently contracts with Cason Global logistics.
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Self Identified Competition
There are more then 1300 DPS contracting with Amazon , however to the the continous trend for e-commerce and online sales has Amazon and FedEx . Amazon is scrambling to find truck drivers, and must now turn to the big trucking firms it has previously shunned. • Amazon is asking major trucking companies for help moving loads as their in-house trucking network. • This is an about-face for a company who depended on small trucking businesses or individual truck drivers for capacity. • The sudden boom in trucking rates has galvanized many of Amazon's truck drivers, who are not directly employed by the company, to move loads for other customers. • An Amazon spokesperson told Business Insider works with small, mediumsized, and large trucking companies. • Visit Business Insider's homepage for more stories Trucking companies come a dime a dozen, we hole heartly believe the difference between our company and the countless other are our people. Our employees are our greatest assets, and we invest in their continuous growth. by offering signing bonus, coaching and mentorship programs, etc. Our drivers are held to the highest industry standards and we're committed to given back to our communities.
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