Market Research Report: TRAFFIX Group Inc.
Company Overview
Name: TRAFFIX Group Inc.
Mission: Provide customized, technology-enabled logistics solutions backed by expertise and the right capacity.
Founded: 1979
Founder: Chuck Snow
Key People:
- Augie Picado - Vice President, Marketing
- Michael Meeks - Vice President of Enterprise Risk Management
- Milton Magos - Vice President, Mexico
- Duane Coghlan - Managing Partner
- Daniel Snow - Managing Partner
- Mark Southey - Managing Partner
- Dilanthi De Alwis - Chief Financial Officer
- Marc Knoop - Chief Technology Officer
- Heather Devine - Chief Legal Officer
- Scott Goodman - Chief People Officer
- Craig Swain - Executive Vice President
- Jeremy Schlachet - Executive Vice President
- Scott Sears - Executive Vice President
Headquarters:
- Canada: 1-375 Wheelabrator Way Milton, ON L9T 3C1
- USA: 141 W. Jackson Blvd, Suite 2010, Chicago, IL 60604
- Mexico: Av. Acueducto 2100, Piso 7 Colinas de San Javier, 45110 Guadalajara, Jalisco
Number of Employees: 749+
Revenue: Exceeded $1 Billion in 2022
Known For: Being one of North America's top 25 freight brokerage firms, leveraging a trusted carrier network, best-in-class technology, and in-depth industry expertise to tackle complex logistical challenges.
Products and Services
1. Full Truckload (FTL)
- Description: Over-the-road (OTR) services customized to meet transportation needs.
- Key Features:
- Multi-modal partner handling all full truckload requirements.
- Flexibility to adapt to demand shifts.
- Responsiveness with transparent invoicing.
- Premium carrier network to minimize freight theft risks.
2. Less-than-Truckload (LTL)
- Description: Strategic partner in LTL transportation providing cost optimization and full supply chain visibility.
- Key Features:
- Competitive rates with a focus on eliminating unnecessary costs.
- Comprehensive control tower visibility via TRAFFIX Shipping App.
- Inbound vendor management to control shipping costs.
3. Flatbed
- Description: Shipping for oversized, heavy loads executed with precision.
- Key Features:
- Right-sized shipments to avoid limited capacity and higher rates.
- Guide to ensure legal load compliance.
- Expertise with a minimum of 10 years of experience per team member.
4. Temperature Controlled
- Description: Detailed attention to temperature-sensitive freight.
- Key Features:
- Network capacity with premium carriers.
- Technology integration for temperature tracking and visibility.
- Responsive support with a seamless claims process.
5. Warehousing
- Description: Customized warehousing solutions.
- Key Features:
- Bonded and non-bonded warehousing.
- Reduced minimum requirements and flexible leasing options.
- Strict damage and theft prevention measures.
6. Intermodal
- Description: Comprehensive intermodal services beyond a typical IMC.
- Key Features:
- Dedicated account managers.
- Direct relationships with Class 1 railroads.
- Predictable, long-term pricing.
7. Drayage
- Description: Timely retrieval and advancement of time-sensitive loads.
- Key Features:
- Reduced demurrage and full-service solutions.
- Dedicated pools of private chassis.
- Transparent invoicing.
8. Expedited
- Description: Urgent shipment solutions.
- Key Features:
- Quick driver turnarounds.
- Specialized delivery services.
- Expedited proof of delivery.
9. Managed Transportation Solutions (MTS)
- Description: Network strategies to maximize efficiency, reduce risk and save costs.
- Key Features:
- Cloud-based TMS.
- Advanced analytics and reporting.
- Intimate scalability and tailored solutions.
10. Mexico Cross Border
- Description: High-performance solutions for cross-border freight between Mexico and the USA.
- Key Features:
- Bonded and CTPAT certified.
- Streamlined communication.
- Extensive cross docking facilities.
Recent Developments
1. 2024 New App Universe Launch
- Recent Development: TRAFFIX launched its new app universe, delivering apps for both customers and carriers.
2. Revenue Milestone
- Recent Development: In 2022, TRAFFIX exceeded $1 Billion in sales, marking a significant milestone in the company's growth.
Conclusion
TRAFFIX continues to innovate and expand their service offerings, leveraging technology and in-depth expertise to deliver high-performance logistics solutions. The company's commitment to providing customized, reliable, and efficient logistics services keeps them at the forefront of the transportation industry.