CoolRig’s long-term customers enjoy a late model fleet of +/- 85 tractors and 150 trailers, for handling their refrigerated and non-refrigerated cargo. The Company runs a 24/7/365 dispatch operation supporting its 160 employee drivers for cross-country, East Coast and Southeast regional runs.
A professional operations team keeps the trucks running safely and on-time. The owner seeks retirement but will support a multi-year transition, if needed. Strategic buyers preferred but financial buyers with transportation industry experience will also get high consideration.
The Company leases facilities that include a large secure yard, dispatch, maintenance shop and admin offices. The next owner can consolidate on another location or enter into a long-term lease at the Company's existing facilities.
Market Outlook / Competition
The "Amazon economy" continues to expand the need for freight hauling and specialized freight carriers (i.e., refrigerated trucks) will continue to see high demand as many fruits and vegetables, as well as, pharmaceutical products require conditioned environments to maintain their freshness and useability.