Industry Background
Prior to the mid 1980's, the Interstate Commerce Commission regulated the trucking industry. Deregulation brought new breath and life to the
industry. This also brought with it the problem of how to navigate the transportation highway. Shippers found it difficult to locate carriers
and carriers found that it was expensive to find freight. Enter the third party transportation providers-intermediaries (freight brokers,
freight forwarders and logistics providers). The third party intermediary connects the shipper and the carrier and helps manage the flow of
goods.
ConnectusWest's company management estimates the present market for freight moved by truck to exceed $300 billion per year. This is a highly
fragmented industry comprised of common carriers - contract carriers - freight forwarders and freight brokers. ConnectusWest's business model provides it flexibility in down economies by not incurring high fixed costs on equipment. The demand for low cost
logistics service is rapidly increasing, and ConnectusWest will be the leading alternative for customers to find the right transportation mode
and the right price without having to build up their internal logistics infrastructure.
ConnectusWest's growth model is focused on adding reliable freight transport agencies and contacts in need of freight transport and sales
agents in strategic markets. As this agent network is further established and expanded, we believe that significant other opportunities will
emerge.
Sales
Agents |
