Daseke Inc.

Daseke, Inc.

Type	Private
Industry	Transportation
Founded	2008
Founder	Don Daseke
Headquarters	Addison
Area served	North America
Services	Flatbed Trucking, Open-Deck Trucking, Specialized Trucking Services
Number of employees	3,400
Website	daseke.com

Daseke, Inc. is a flatbed, specialized transportation and logistics company in North America, serving 49 states, Canada and Mexico. With over three thousand company trucks and six thousand open-deck trailers, Daseke, Inc. comprises the following operating companies: Smokey Point Distributing, E.W. Wylie, J. Grady Randolph, Central Oregon Truck Company, Lone Star Transportation, Bulldog Hiway Express, Hornady Transportation and The Boyd Companies including Boyd Bros. Transportation, Boyd Logistics, WTI Transport and Mid Seven Transportation.

History

In 2008, Don Daseke began with the purchase of Smokey Point Distributing (SPD),^[1] which focuses in hauling large, cumbersome, aviation related cargo. In 2011, Daseke added E. W. Wylie, a company with a large amount of business in Canada.^[2] Two years later, in 2013, J. Grady Randolph (JGR), a four-generation, family-owned South Carolinian carrier joined Daseke.^[3] Three months later, Daseke added Central Oregon Truck Company (COTC).^[4] By November 2013, Daseke merged with The Boyd Companies, a carrier with four companies under its umbrella: Boyd Bros. Transportation, WTI Transport, Mid Seven Transportation and Boyd Logistics.^[5][6][7] 2014 saw the addition of Lone Star Transportation, a Fort Worth carrier with a presence in Mexico.^[8][9] Bulldog Hiway Express, led by former American Trucking Associations Chairman, Phil Byrd, and Hornady Transportation, an Alabama trucking company established in 1928, the oldest company to join to date, both joined the Daseke family in 2015.^[10][11]

Business Milestones

• Smokey Point Distributing joined Daseke on December 31, 2008.^[12]
• E.W. Wylie joined Daseke on December 29, 2011.^[13][14]
• J. Grady Randolph joined Daseke on June 1, 2013.^[3]
• Central Oregon Truck Company joined Daseke on August 1, 2013.^[15]
• The Boyd Companies joined Daseke on November 1, 2013.^[16]
• Lone Star Transportation joined Daseke on October 1, 2014.^[17]
• Bulldog Hiway Express joined Daseke on July 1, 2015.^[18]
• Hornady Transportation joined Daseke on August 1, 2015.^[19][20]

Operating Companies

Daseke’s fleet, as of February 2016, consists of a mix of more than 6,000 company owned flatbed and specialized trailers and more than 2,500 trucks, more than 800 asset light owner operators, and an asset light brokerage network utilizing partner carriers.^[19]

• Smokey Point Distributing – SPD was founded in 1979, offering aviation-related and time-sensitive cargo transportation featuring flatbeds, flatbed stretches, single drop, double drop RGN, double drop stretches, lowboy RGN, flatbed retractable curtain, step-deck retractable curtain, low profile step-deck retractable curtain trailers. Smokey Point also offers a significant asset light trucking brokerage service.^[21]
• E. W. Wylie – Founded in 1938, specializing in high-value and over-dimensional freight with their fleet of flatbed and step-deck trailers.^[21]
• J. Grady Randolph – Founded in 1935, J. Grady Randolph is a fourth-generation family business specializing in carrying over-dimensional flatbed cargo.^[3][21]
• Central Oregon Truck Company – Founded in 1992, Central Oregon Truck Company offers logistical services, long haul regional and dedicated services throughout the U.S. and Canada via their fleet of company owned open and retractable curtained flatbed trailers.^[21]
• The Boyd Companies – Founded in 1956, Boyd Companies is made up of Boyd Bros. Transportation, WTI Transport, Mid Seven Transportation and Boyd Logistics.^[21]
  • Boyd Bros. Transportation - Founded in 1956, Boyd Bros. Transportation specializes in high volume, time-sensitive flatbed services throughout the eastern two-thirds of the United States.
  • WTI Transport - Founded in 1989, WTI is primarily an owner operator fleet focused in the transportation of roofing, building materials, aluminum, iron and steel.^[22]
  • Mid Seven Transportation - Founded in 1947, is an open-deck carrier specializing in the transportation of machinery, steel and building materials throughout the contiguous 48 states.^[23]
  • Boyd Logistics - Founded in 2000, Boyd Logistics offers shippers a trucking network for supply chain management and represents several thousand carriers and trucking companies across the U.S.^[24]
• Lone Star Transportation – Founded in 1988, Lone Star specializes in time-sensitive transportation of aerospace parts, renewable energy (wind turbines and blades), building and construction materials, heavy equipment and large logistical projects.^[9][21]
• Bulldog Hiway Express – Founded in 1959, Bulldog Hiway specializes in intermodal port deliveries and heavy hauls with loads reaching 180,000 pounds with an emphasis on the automotive and energy sectors, including wind, solar and nuclear power via 48’ 102’ flatbeds, 2-axle and 1-axle step decks and extendable RGN.^[18][21]
• Hornady Transportation - Founded in 1928, Hornady is a third generation family-led company that supports the building products and steel industries via late-model tractors and flatbed trailers.^[21][25]

Awards

• Daseke Named No. 1 in the inaugural Dallas Business Journal’s 2015 Middle Market 50, a list of the fastest growing Dallas-Fort Worth-based companies with revenue ranging from $25 million - $750 million^[1]
• Inc. Magazine lists Daseke in the Top 500 for 2015, a list of the fastest growing private companies in America^[26]
• Daseke named the Fastest Growing Trucking Company in the U.S. in 2014 by the Journal of Commerce^[27]
• Daseke named 2014 Ernst & Young entrepreneur of the year^[28]

References

1. Hethcock, Bill. "COVER STORY: Meet DFW's 18-wheeling and dealing powerhouse that tops our Middle Market 50". Dallas Business Journal. Retrieved 11 January 2016.
2. Olsen, Michael J. "Trucking Business Sold to Walden Smokey Point, Inc.". Otter Trail. Retrieved 11 January 2016.
3. Wheeler, Scott. "Daseke Inc. Announces Transaction with J. Grady Randolph, Inc.". Reuters. Retrieved 11 January 2016.
4. "Redmond-based Central Oregon Truck Company Joins the Daseke Transportation Company". Cascade Business News. CBN. Retrieved 11 January 2016.
5. "Boyd Bros. Transportation and Daseke Inc. merge". Fleet Owner. Fleet Owner. Retrieved 11 January 2016.
6. "Boyd Bros., Daseke announce merger that will create one of country's largest specialty fleets". CCJ Digital. CCJ Magazine. Retrieved 11 January 2016.
7. Payne, Aly. "Addison-Based Daseke Inc. Merges with Boyd Bros. Companies". Addison Magazine. Retrieved 11 January 2016.
8. "Lone Star's Truck Fleet Merges with Daseke Inc.". Trucking News Online. Trucking News. Retrieved 11 January 2016.
9. >Cassidy, William B. "Daseke acquires Lone Star, expands heavy-haul trucking group". JOC. Retrieved 11 January 2016.
10. Davis, Bryan. "Alabama's Hornady Transportation merges with Texas company". Biz Journals. Birmingham Business Journal. Retrieved 11 January 2016.
11. "Bulldog Hiway Express Merges with Daseke". Transport Topics. Transport Topics. Retrieved 11 January 2016.
12. "Don Daseke '61 Acquires Smokey Point Distributing". DePauw. Yahoo! Finance. Retrieved 11 January 2016.
13. Whistler, Deborah. "E.W. Wylie trucking sold to Dallas holding company". Fleet Owner. Retrieved 11 January 2016.
14. "E.W. Wylie sold to Walden Smokey Point". CCJ Digital. CCJ Magazine.
15. "Daseke buys Oregon Truck Co.". Overdrive Online. Overdrive Magazine. Retrieved 11 January 2016.
16. "Flatbed Carriers Boyd Bros., Daseke Inc. to Merge". Transport Topics. Transport Topics. Retrieved 11 January 2016.
17. "Lone Star Transportation, Daseke Inc. Merge". Trailer Body Builders. Trailer Body Builders. Retrieved 11 January 2016.
18. Cassidy, William B. "Daseke adds Bulldog Hiway Express to heavy-haul business". JOC. Retrieved 11 January 2016.
19. Buxbaum, Peter. "DASEKE ADDS HORNADY TRANSPORTATION IN FLATBED TRUCKING MERGER". Global Trade. Retrieved 11 January 2016.
20. Dugan, Kelli. "Monroeville's Hornady Transportation merges with Addison, Texas-based Daseke Inc.". AL. Retrieved 11 January 2016.
21. Hethcock, Bill. "Merge ahead: Daseke's flatbed trucking fleet continues to grow". Biz Journals. Dallas Business Journal. Retrieved 11 January 2016.
22. Rupinski, Patrick. "WTI Transport marks 25 years of rapid growth in Tuscaloosa". Tuscaloosa News. Retrieved 11 January 2016.
23. "BOYD BROS. ACQUIRES MID SEVEN TRANSPORTATION". Layover. Layover. Retrieved 11 January 2016.
24. "Boyd Bros. Transportation Inc. - Company Profile, Information, Business Description, History, Background Information on Boyd Bros. Transportation Inc.". Reference for Business. Reference for Business. Retrieved 11 January 2016.
25. Lockridge, Deborah. "Q&A: Chris Hornady on Becoming Part of Daseke". Trucking Info. Trucking Info. Retrieved 11 January 2016.
26. "This Is What Life Is Like at the Fastest-Growing Private Companies". Inc. Inc. Magazine. Retrieved 11 January 2016.
27. Cassidy, William B. "Flatbed hauler Daseke tops list of fastest-growing US trucking firms". JOC. Retrieved 11 January 2016.
28. "EY announces winners for the EY Entrepreneur Of The Year™ 2014 Southwest Region Award". The Business Journals. PR Newswire. Retrieved 13 January 2016.