PTG Adds Another Agent Carrier
March 1, 2000
Professional Transportation Group Ltd., Marietta, GA, has signed F Systems Group as an agent carrier.
F Systems is located in Cartersville, GA and operates a fleet of 18 trucks with estimated annual revenues of $4 million.
PTG's agency division is a cooperative for smaller, time-definite, expedited truckload carriers in which PTG bills the agent carrier's customers and collects the revenues for these shipments. The agent carriers receive economies of scale by participating in the purchase of certain overhead and other items, such as maintenance and fuel. Since its inception in April 1999,
the agency division has signed 7 agents that have approximately $14 million in annual revenue.
PTG also provides ground transportation and logistics services for the airfreight and trucking industry through its subsidiary, Timely Transportation Inc.