Organized in the state of Nevada in 2005, PTA Holdings Inc. (PTAH) is a holding company that offers traditional transportation and other management services. After acquiring Kingsley Logistic Group in 2012, PTA Holdings Inc. has expanded its domain thanks in part to other key acquisitions while being able to provide logistic solutions such as manufacture software and process management.
Today, the company is located in Phoenix, Arizona and is headed by CEO Leonard Lewensohn. A practicing attorney with years of experience in transportation, Lewesnohn has used his expertise in acquisitions and mergers in the company’s main plan of action which appears to be focused mainly on expansion and growth. On August 25, 2014, the company received major funding through TCA Global Master Fund, LP. This funding will allow the company to continue to acquire other companies and expand.
Within the last two years, PTA Holdings Inc. has acquired other companies through a “roll-up strategy” as it has set its sights mainly on medium-sized companies who fit certain criteria. In 2013, the company acquired Eggspress Transport, a transportation company who operate in several states throughout the south and midwest. Specializing in the transportation of fresh and frozen food products, eggs, and fresh produce for a select group of egg producers, Eggspress Transport is an emerging company with many impressive features. Not only did the company have a niche market, but it also had growth potential and an existing customer base.
Following this acquisition, PTA Holdings Inc. has continued its plan of action by purchasing Creen Creek Trucking, LLC, an Iowa based trucking company. With Crane Creek’s “operating authority”, and an impressive supply of power units and drivers, the acquisition is estimated to add over $1.5 million in annual revenue
Overall, the trucking industry as a whole has made a remarkable recovery since its downward turn during the recession. Not only has the industry proved resilient but it has rebounded faster than was expected. But despite such tremendous progress, the industry itself remains fragmented. Though more than 500,000 trucking companies exist here in the United States, many experience low profit margins. Acquiring smaller companies and combining their efforts, resources and revenues will help fortify all those involved. Moreover, PTA Holdings understands these challenges but seems to use them to its advantage and stay ahead of the game as exemplified on the company’s website: “Current inefficiencies within the Supply Chain Sector create exceptional opportunities for PTA Holdings companies.”
Further, PTA Holdings possess key features that other companies often lack–man power, resources, and technology. Its In House management, for example, is top notch and equipped with expert personnel. Moreover, the company has the means and ability to work in all modes of transportation such as air, train, ocean, freight, truckload and LTL (Less than Truckload).
On December 10th, 2014, PTA Holdings Inc closed out at .0001. With its solid foundation and its growing portfolio of acquisitions, the company should continue to grow and prosper. In recent news, headlines are reporting that the trucking industry is suffering from high turn over while experiencing difficulty in finding drivers due to the job’s long hours and a generation of drivers that is soon to retire. While other companies are scrambling to find drivers,PTA made its company attractive for drivers to continue to work there. One strategy used by the company is by having shorter hauls along with the support of a strong management team. And it is this mindset and forward-thinking along with its years of experience which helps make PTA Holdings Inc. a leader in an industry that clearly benefits from having such experienced “drivers” at its helm.
For more, please go to ptaholding.com PTAH PTAH 0.00010 0.00000 (0.00%)
I was also reading some old posts here and I think the best way to play this is @ trip ground level where we are now. I expect a pop soon just like we saw the last run Aug/Sept 2014 imo.
