Mach 1 Logistics, LLC | Application Preview
Mach 1 Logistics, LLC is applying for government grants to fund the expansion of their truck fleet, specifically to acquire three trucks and trailers, and support payroll expenses. They believe that securing this funding will remove their main barrier to entry, which is truck financing.
The company's business plan focuses on hiring drivers to grow their fleet, allowing the owners to concentrate on sales and securing freight opportunities. They currently work with freight brokers but aim to establish direct customer relationships for sustainable growth. Within five years, they plan to broker freight for their customers as their capacity increases.
The owners, both college graduates with management and logistics experience, are confident in their venture as the trucking industry continues to expand post-pandemic. Their goal is to create lasting relationships while providing exceptional service.
Despite competition from major companies like Amazon, JB Hunt, and UPS, Mach 1 Logistics believes their youthful energy and tech-savvy approach set them apart. They emphasize their commitment to personalized customer relationships, in contrast to larger corporations that often cannot offer the same level of individual attention.
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General Information
Business Registration Number: 3207659042
Location: weatherford, TX, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Our only barrier to entry right now is truck financing. We can get one truck pretty easily by ourselves, but we have enough business to start out with 3 trucks. The money will help us get the trucks and trailers as well as helping with payroll.
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Business Plan
We plan to hire drivers and grow a truck fleet so the two owners can spend all of their efforts selling the business and finding more freight. We have relationships with freight brokers right now but in order to grow, we plan to build relationships with direct customers instead of third parties. Within 5 years, we plan to broker for our customers when we have more loads than trucks. The two owners are college graduates who have been working in management and logistics since graduation. We are joining an industry that has continued to grow through the pandemic. We want to help people and build relationships that last a lifetime!
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Self Identified Competition
Amazon, JB Hunt, UPS We are young, single, and ready to start a dynasty instead of the average truck driving company that is generally middle-aged with families. The trucking industry is not caught up with the new technology age and when intend to utilize our computer skills as well as our hard work and people skills. We are different that the huge corporations like FedEx because we want to build personal relationships with each customer and they have too many customers to do that.
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Contact Applicant
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