Apple Rush Company, Inc. Acquires Stotland Trucking, LLC to Enhance Vertical Integration and Boost Revenue
TL;DR
Stotland Trucking, LLC has a pipeline for growth with additional business, positioning them for a competitive advantage in the logistics industry.
Stotland Trucking specializes in short haul logistics and plans to expand regionally, creating higher efficiencies in deliveries.
Stotland's partnership with Apple Rush Company will provide additional opportunities for exponential growth and save money for both companies and customers.
Apple Rush Company's expansion into the beverage industry and its use of its own delivery system will create higher efficiencies and save money.
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Apple Rush Company, Inc. has taken a significant step towards enhancing its vertical integration and operational efficiency by acquiring Stotland Trucking, LLC, a Texas-based last-mile hauler. This strategic acquisition is expected to increase Apple Rush's top-line revenues by over $10 million in 2025, reinforcing the company's growth strategy in the consumer packaged goods (CPG) sector.
Stotland Trucking, known for its specialization in short-haul logistics, currently generates more than $7 million in revenue and is on a trajectory for substantial growth. The acquisition is a pivotal part of Apple Rush's vision to become a fully vertically integrated holding company, directly addressing one of the beverage industry's most significant expenses: freight costs.
Tony Torgerud, CEO of Apple Rush Company, shared his optimism about the acquisition, highlighting the company's successful roll-up strategy and the anticipated revenue growth from its brewing, co-packing, and extraction businesses. With the addition of Stotland Trucking, Apple Rush is poised to surpass $20 million in total revenue by 2025.
The integration of Stotland Trucking into Apple Rush's operations is expected to bring substantial benefits, including reduced logistics costs and improved delivery efficiency. Derik Stotland, president of Stotland Trucking, emphasized the strategic advantages of the partnership, particularly the establishment of a terminal in Illinois, which is expected to facilitate exponential growth and more efficient regional deliveries.
This acquisition represents a strategic shift for Apple Rush, enabling the company to better manage its supply chain, control costs, and potentially offer more competitive pricing. It also underscores the growing importance of efficient supply chains and direct-to-consumer models in the CPG and beverage industries.
For more information about Apple Rush Company and its brands, visit https://www.aprubrands.com, https://www.element-brands.com, and https://www.alkhemicalroots.com.
Curated from News Direct
