Ascend Transport Group Acquires Milan Supply Chain Solutions
Ascend Transport Group focuses on regional middle-mile markets in the retail, consumer goods, packaging, and industrial supply sectors. It has more than 1,000 trucks and a regional focus. The company will focus on the South and Midwest. The acquisition is expected to generate over $3 billion in annual revenue. This acquisition will enable Ascend to expand its customer base in both the industrial and retail supply sectors.
Ascend is a dry van, full truckload carrier
The Atlanta-based company, Ascend, specializes in the middle-mile freight markets. It was formed from the merger of Milan Supply Chain Solutions and J&B Services in October 2018. In addition to operating a network of over 400 drivers with late-model trailers, Ascend served shippers in the automotive, furniture, and lighting industries.
The company is a recent arrival in the market. It’s a new dry van, full truckload carrier focusing on technology and drivers. After merging with Milan Supply Chain Solutions and J&B Services, Ascend plans to serve the industrial supply and retail sectors. The company’s management is led by Michael McLary, a 30-year veteran of the industry. FedEx and UPS are on its board of directors.
Ascend’s parent company, Milan Supply Chain Solutions, was backed by Wellspring Capital Management Group. It’s a privately held company, with a diverse portfolio. Its management team includes executives from UPS, FedEx, and Amazon. The company aims to become a preferred carrier in the transportation industry and be a trusted partner for customers.
It has a fleet of over 1,000 trucks
Ascend is an Atlanta-based dry van full truckload carrier. It was formed in October 2018 through the merger of Milan Supply Chain Solutions and J&B Services. The company operated a network of over 400 drivers, and used late-model trucks and trailers. It served shippers in the automotive, food, lighting, and furniture industries.
Ascend’s fleet consists of 775 trucks and 2,270 trailers. The company employs more than 1,200 people and has over a thousand trucks. The company does not disclose its customer list, but McLary declined to say how many truckload customers it currently serves. However, he did say that Ascend is committed to providing a better work/life balance for its drivers. Ascend has adopted progressive driver-friendly policies. It also offers guaranteed top-quartile pay.
In addition to its truckload fleet, Ascend provides brokerage services to complement its asset operations. These services provide expanded coverage and capacity, as well as specialized truck options, such as temperature-controlled trucks and flatbed trucks. Ascend maintains premium service levels across the entire network to ensure its customers’ needs are met.
It offers truckload brokerage services
The Atlanta-based Ascend Transport Group is a full-service dry van truckload carrier. It was formed in October 2018 by the merger of Milan Supply Chain Solutions and J&B Services. Ascend operates in the Midwest, Mid-Atlantic and Southern regions. Its fleet of tractors and trailers is comprised of late-model vehicles. The company supports shippers in the automotive, retail and food industries.
With its network of 80 drop yards and a focus on the US South and Midwest, Ascend is well-equipped to meet the needs of customers in these regions. The company offers complete solutions for over-the-road, local deliveries, brokerage, shuttle services, and yard management. The company is committed to enhancing driver and shipper relationships, leveraging technology, driver-friendly policies, and strong customer service.
Ascend’s management team is led by Michael McLary, a 30-year veteran of UPS and Amazon. He is supported by a board of directors comprised of senior executives from Amazon, FedEx, and UPS. The company’s goal is to become the carrier of choice for its customers and a trusted partner in the transportation industry. Its private equity funding comes from Wellspring Capital Management Group LLC, a New York-based investment firm.
It has a regional focus
While the company’s primary focus is long-haul transportation, Ascend’s regional focus is also significant. The company has 775 trucks, 2,270 trailers, and more than 1,200 full-time drivers. McLary declined to share the number of customers the company serves.
After merging with J&B Services and Milan Supply Chain Solutions, Ascend now provides a full range of transportation and logistics solutions. The company’s truckload brokerage business complements its asset-based operations, providing expanded capacity and broader coverage. Ascend provides specialized services for packaging, retail, and industrial supply chains.
Ascend’s focus on regional truckload transportation is part of its mission to reinvent the industry. It is focused on delivering value to its customers by leveraging technology, increasing density, and implementing driver-friendly policies. The company has added assets that will support its customers in the South, Midwest, and Mid-Atlantic regions. The company expects to gain more capacity in the future.
