GLENDALE HEIGHTS, Ill.--(BUSINESS WIRE)--Effective December 31, 2021, Becker Logistics LLC, a 3PL Company has acquired Trek Freight Services, LLC located in Lincolnwood, IL. Trek Freight has been in business for 21 years and Becker Logistics will be celebrating their 25th anniversary this coming May, combining these two entities for a total of 46 years of transportation experience. Trek adds an additional 125 customers, 25,000+ carriers, 35 employees and their proprietary TMS which will be synergies for Becker Logistics moving forward. Trek provides third-party logistics services across the U.S. These services will now be provided under the Becker Logistics name.
Becker Logistics has experienced extraordinary growth in the last 10 years. In 2020 revenue was at $73 million. In 2021 they grew overall, both organically and non-organically by 130% year over year. Their total top-line revenue for 2021 was $167.2 million. They were able to add an additional $94.2 million to their top-line and with plans to do the same in 2022.
With this acquisition, Becker Logistics continues to grow and hold its place as one of the largest third-party logistics providers in the United States. “Since 2009 when Becker Logistics had top-line revenue of only $3.5 million, to 2021, it has experienced a growth of 48 times. We have excelled at organic growth, culture, strategy and having a dual approach of not only growing organically, but non-organic growth is part of the game plan for the next eight years. This is our second acquisition with our first being Savage Logistics, LLC in 2017. We now have a total of 160 talented employees with plans of adding an additional 100 more by the end of the year. We have a BHAG to hit $1.8 billion in top-line revenue by or before 2030. Along this journey we can service our customers more by merging with other entities that have a wealth of knowledge, education and awareness in the industry already,” said Jim Becker, CEO of Becker Logistics.
John Andreotti, former COO and principle of Trek Freight said, “Looking back, we knew we had to grow our company, but with the resources we had, our age and stage in life, we knew it was going to take far too long. We wanted to merge with a company that would not only keep our employees, but would offer an opportunity to catapult their careers. They needed more opportunities to grow. We have a great team and we didn’t want to lose any of them. We needed to merge with a company that had a vision and a larger engine in place to accelerate that growth. I’ve seen the overall vision and it’s going to provide for everyone that wants to grow individually and as a team. The merger has created a bigger and stronger team. There are so many more resources available to everyone which will aide them to reaching their personal goals and servicing their customers better than ever was possible before.”
About Becker Logistics
Becker Logistics is a leading provider in the non-asset-based, third-party logistics (3PL) space, specializing in supply chain solutions that create transformational success for manufacturers, suppliers and retailers. Since inception in 1997, Becker has grown organically and non-organically with Trek Freight being its second acquisition. Savage Logistics, being the first, was acquired November 1, 2017. Becker works within this highly competitive area and has become the intermediary for over 580 customers. Becker offers an array of transportation services for customers ranging from mid-sized manufacturers to Fortune 100 corporations. Becker leverages supply chain experts, proprietary technology and operational expertise to make shipping freight more efficient for customers, giving them a competitive advantage in their industries. Becker’s competitive advantages include their intellectual properties: 3PL 360 | Freight Management Software, 3PL AIT | Artificial Intelligence Technology and 3PL LMS | Learning Management Software. Learn more at www.BeckerLogistics.com.
About Trek Freight Services
Trek Freight Services has been providing third-party logistics services in the United States since 2001, offering non-asset-based services in the areas of van, flat bed, reefer, intermodal, LTL, team service and expedited. They move various commodities, which includes packaging, building products, food and beverage, automotive chemicals, scrap virgin plastics, scrap and virgin metals, printed matter, scrap paper, consumer products, and industrial and commercial chemicals. Trek Freight is highly service oriented with the highest customer and carrier retention rate in the industry.
