In 2016 we took over a Chattanooga trucking company that was overly in-debt to our factoring company, Max Capital. From 2016 to October 2018 we turned this company around, grew it from 49 trucks to 165. When F2F Transport sold it, it had an annual revenue of $25,000,000. In conjunction with this, our brokerage company, Max Trans Logistics, with its annual revenue $20,000,000, had expanded to Chattanooga, TN. Max Trans Logistics of Chattanooga's annual revenue at the time of sale was $30,000,000. Although we had to add to the support team, we were able to utilize the strengths and experiences of our accounting and safety leadership to successfully abourb and withstand the workload that comes with $100,000,000 annual revenue.
In 2016, we acquired a Chattanooga-based trucking company that was significantly indebted to our factoring company, Max Capital. From 2016 to October 2018, we successfully revitalized the company, expanding its fleet from 49 to 250 trucks. Established in 2012, Max Trans Logistics operates as a third-party logistics provider (3PL), addressing all customer needs. By leveraging the capabilities of Max Trans, we offer comprehensive services ranging from warehousing to complete transportation management.