McLane Company Creates Velocity Freight Transport

(BRK.A), (BRK.B)

McLane Company Inc., a Berkshire Hathaway-owned supply chain services company, has launched Velocity Freight Transport, Inc., a freight brokerage company dedicated to providing significant value to both shippers and carriers.

Led by industry veterans Ross Grier, John Lower, Aaron Keister, and Seth Arnoux, Velocity Transport aims to be a first-class freight brokerage company known for their principled approach and quality of service.

According to a company statement, the launch of Velocity Transport comes at a time when the supply chain industry is in need of fresh thinking and an updated business model to enable carriers and shippers to meet their deadlines, growth goals and retain their competitive edge. To help with this, Velocity Transport will offer competitive pricing, relentless service, cutting-edge technology and comprehensive freight solutions.

With its headquarters and operations management stationed in Plano, Texas, Velocity Transport plans to serve clients across the United States, and provide refrigerated, flatbed, intermodal, LTL, van and expedited freight offerings.

“With today’s constant shifts in consumption trends and transportation regulations, supply chain leaders in all industries are facing more volatility and challenges than ever before. We’re launching Velocity Transport to bring comprehensive freight solutions to the market and deliver a level of service that will raise the bar on the freight brokerage industry overall,” said John Lower, vice president of Velocity Transport.

“Our entrepreneurial spirit, commitment to excellence and collaborative approach will enable the Velocity Transport team to remain agile and flexible when delivering solutions. We look forward to providing an exceptional experience to the shippers and carriers in our rapidly evolving marketplace,” Lower added.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.