IXR Logistics LLC | Application Preview
IXR Logistics LLC is seeking government grants to enhance its operations and expand its fleet. The funds will be allocated mainly for purchasing sprinter vans, payroll, and maintenance reserves. By acquiring vehicles outright, the owner aims to reduce insurance costs and retain more capital for growth. The business plan involves utilizing a load board called Sylectus to secure contracts with major companies, which would provide higher-paying dedicated lanes.
The owner is motivated by a desire to create a legacy for his family, particularly for his siblings and newborn son. He aims to provide stable jobs for individuals seeking career changes, including support for those with criminal backgrounds. Since launching the business, he has already helped five people start new careers and uplifted three felons, reinforcing his commitment to community impact.
In terms of competition, IXR Logistics, as a small business, faces larger corporations like XPO Logistics and Panther Logistics that operate extensive fleets. However, the company differentiates itself by offering a diverse range of services—such as moving general freight, delivering home goods, and relocating residential properties—making it a more versatile choice for clients. This adaptability positions IXR Logistics as a one-stop shop, appealing to customers who require varied logistics solutions.
-
General Information
Business Registration Number: IXR Logistics LLC
Location: Charlotte, NC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
-
Funding Usage
Purchase sprinter vans, Get capital for payroll, have maintenance capital for emergencies.
-
Business Plan
I plan on using the grant to purchase vehicles right out to avoid payments on vehicles which would lower the insurance cost and allow more capital to be saved. That would leave me with fuel cost, maintenance and payroll. This will allow me to build up more capital to purchase more vehicles down the road to continue to grow my company. I plan on using a load board called sylectus to lock in some of the major companies in the industry to get dedicated lanes which will pay more which will continue to allow me to get ahead and expand my fleet. I want to set up something I can leave my siblings and new born son. I want to be able to continue to provide jobs for people who are looking to have a career change and possibly help people who want to break start their way into the entrepreneur world. Since I've started this business I have been able to provide 5 people with new career paths and create them a higher income along with giving 3 felons a new life. I just want someone to truly have faith in me and help me become my families first successful business owner and have IXR Logistics one of the biggest companies.
-
Self Identified Competition
I'm considered a small business so my biggest competitors would be the major corporations such as XPO Logistics, Panther Logistics and arcbest who currently are using 26ft box trucks, flat beds, 18 wheelers and sprinter vans. They have more man power than I do when it comes to vehicles. I provide multiple services such as moving general freight, delivering home goods and moving residential homes which would separate me from those companies because they are solely focused on general freight. With me being so flexible and offer a wide variety of services I feel like I would be more appealing to clients because I can be a one stop shop and have experience in it all.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
