Merger Between Sunteck and TTS Creates Top 10 Freight Manager

With the official closing of the merger between Sunteck and TTS, the resulting company will be one of the largest multimodal, agent-based freight management service providers in the U.S., approaching $1 billion in gross revenue, and managing more than 700,000 intermodal, truckload and less-than-truckload shipments annually.

Operating under the name SunteckTTS, the entity’s 200+ agents and wide-ranging customer base will now source increased capacity through a combined network of more than 30,000 carriers.

In addition to its strong non-asset capabilities, SunteckTTS will have a combined 2,000 truck fleet in its direct asset-light capacity division. The existing direct rail intermodal program from TTS, with access to more than 200,000 pieces of equipment, will be enhanced by the large intermodal drayage network from Sunteck.

The company notes that “this capacity will become critical as driver shortages and industry consolidation continues, enabling the new entity’s agents to better service their customers and provide long-term service commitments”

As shippers require more complex and robust data solutions, increased size and leverage within the logistics sector and access to the latest technology will clearly become more important. Smaller 3PLs, or agent-based models, will also likely benefit from the increased buying power and resources of SunteckTTS.

Tags: Sunteck, TTS

Category: Featured