| Type | Private |
|---|---|
| Genre | Freight Services |
| Founded | Phoenix, Arizona, U.S. (2003) |
| Founder(s) | Andrew Leto |
| Headquarters | Phoenix, Arizona, U.S. |
| Area served | North America |
| Key people | Andrew Leto (CEO), Michael Leto (EVP) |
| Services | LTL, FTL, Supply Chain Logistics, Warehousing and Air Freight |
| Revenue | US$142,000,000 (2011), from US$79,000,000 in 2010 |
| Employees | 120 (2011) |
| Website | www.globaltranz.com |
GlobalTranz is a logistics and supply chain management firm based in Phoenix, Arizona, which provides LTL, FTL, Supply Chain logistics, Warehouse management and Air Freight services for its base of 6,000 small to medium- sized businesses looking to transport products from point A to point B in the U.S. and Canada. GlobalTranz has an agent-based network with about 500 independent contractors in the US. In January 2011, Volition Capital, a growth equity firm that invests in high-potential, founder-owned technology companies, invested $10 million in GlobalTranz. The proceeds will be applied toward working capital and growth investment across a variety of verticals within the company.
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GlobalTranz is a freight brokerage for any type of product and a completely non-asset based logistics provider. Using CarrierRate.com, a free transportation management system, customers navigate through a variety of portals to select the best rate for their LTL and Truckload shipping needs. CarrierRate.com acts similar to Travelocity for the freight industry, allowing customers to access shipping rates, tracking, transit times and a variety of other shipping options online.[1]
Andrew Leto founded GlobalTranz in 2003 in Phoenix, Ariz. as a "one-stop-shop" for supply chain management for both local and national customers.
In 2008, GlobalTranz joined the EPA SmartWay Transport Partnership, an association with the overall goal of reducing greenhouse gases such as carbon dioxide produced while still connecting client with viable shipping solutions.[2]
GlobalTranz was named on the Inc. (magazine) 500 Fastest Growing Private Companies list in 2008, 2009 and 2010 as revenue increased by over 1,100% from previous years. In 2011, GlobalTranz was named no. 2 fastest-growing privately held company in Arizona and no. 29 in revenue for the state. GlobalTranz also ranked in the top 5 Fastest Growing Companies in the Phoenix-Mesa-Scottsdale area for two years running.[3]