Daseke Inc.

Daseke, Inc.

Type	Public
Traded as	NASDAQ: DSKE
Industry	Transportation
Founded	2008
Founder	Don Daseke
Headquarters	Addison
Area served	North America
Services	Flatbed Trucking, Open-Deck Trucking, Specialized Trucking Services
Number of employees	3,400
Website	daseke.com

Daseke, Inc. (NASDAQ: DSKE, DSKEW) is the largest owner and a leading consolidator of flatbed, and specialized transportation and logistics solutions in North America, comprised of 12 operating companies with over 3,600 trucks and over 7,500 flatbed and specialized trailers. Daseke offers comprehensive, best-in-class services to some of the world’s most respected industrial shippers.

The Daseke family of companies includes Smokey Point Distributing, E.W. Wylie, J. Grady Randolph, Central Oregon Truck Company, Lone Star Transportation, Bulldog Hiway Express, Hornady Transportation, The Boyd Companies (including Boyd Bros. Transportation and WTI Transport), The Schilli Companies, Big Freight Systems and The Steelman Companies. Each operating company leverages the national scale of Daseke to offer industry advanced, safe, and efficient flatbed and specialized logistics solutions throughout North America.

History

In 2008, Don Daseke began with the purchase of Smokey Point Distributing (SPD),^[1] which focuses in hauling large, cumbersome, aviation related cargo. In 2011, Daseke added E. W. Wylie, a company with a large amount of business in Canada.^[2] Two years later, in 2013, J. Grady Randolph (JGR), a four-generation, family-owned South Carolinian carrier joined Daseke.^[3] Three months later, Daseke added Central Oregon Truck Company (COTC).^[4] By November 2013, Daseke merged with The Boyd Companies, a carrier with four companies under its umbrella: Boyd Bros. Transportation, WTI Transport, Mid Seven Transportation and Boyd Logistics.^[5][6][7] 2014 saw the addition of Lone Star Transportation, a Fort Worth carrier with a presence in Mexico.^[8][9] Bulldog Hiway Express, led by former American Trucking Associations Chairman, Phil Byrd, and Hornady Transportation, an Alabama trucking company established in 1928, the oldest company to join to date, both joined the Daseke family in 2015.^[10][11]In 2017, Big Freight Systems became the first Canadian company to join Daseke.^[12] The Schilli Companies, which are Schilli Transportation Services, Schilli Specialized and Schilli Distribution, joined simultaneously and provide warehousing and logistics.^[13] In July, The Steelman Companies (Steelman Transportation and Group One Inc.) joined Daseke and are led by President and CEO Jim Towery.^[14][15]

Business Milestones

• Smokey Point Distributing joined Daseke on December 31, 2008.^[16]
• E.W. Wylie joined Daseke on December 29, 2011.^[17][18]
• J. Grady Randolph joined Daseke on June 1, 2013.^[3]
• Central Oregon Truck Company joined Daseke on August 1, 2013.^[19]
• The Boyd Companies joined Daseke on November 1, 2013.^[20]
• Lone Star Transportation joined Daseke on October 1, 2014.^[21]
• Bulldog Hiway Express joined Daseke on July 1, 2015.^[22]
• Hornady Transportation joined Daseke on August 1, 2015.^[23][24]
• Daseke Inc. becomes publicly listed with the Nasdaq ticker symbol DSKE, February 28, 2017^[25]
• Schilli Transportation Services joined Daseke on May 1, 2017. ^[26]
• Big Freight Systems joined Daseke on May 1, 2017. ^[27]
• The Steelman Companies joined Daseke on July 3, 2017 ^[28]

Operating Companies

Daseke’s fleet, as of February 2016, consists of a mix of more than 6,000 company owned flatbed and specialized trailers and more than 2,500 trucks, more than 800 asset light owner operators, and an asset light brokerage network utilizing partner carriers.^[23]

• Smokey Point Distributing – SPD was founded in 1979, offering aviation-related and time-sensitive cargo transportation featuring flatbeds, flatbed stretches, single drop, double drop RGN, double drop stretches, lowboy RGN, flatbed retractable curtain, step-deck retractable curtain, low profile step-deck retractable curtain trailers. Smokey Point also offers a significant asset light trucking brokerage service.^[29]
• E. W. Wylie – Founded in 1938, specializing in high-value and over-dimensional freight with their fleet of flatbed and step-deck trailers.^[29]
• J. Grady Randolph – Founded in 1935, J. Grady Randolph is a fourth-generation family business specializing in carrying over-dimensional flatbed cargo.^[3][29]
• Central Oregon Truck Company – Founded in 1992, Central Oregon Truck Company offers logistical services, long haul regional and dedicated services throughout the U.S. and Canada via their fleet of company owned open and retractable curtained flatbed trailers.^[29]
• The Boyd Companies – Founded in 1956, Boyd Companies is made up of Boyd Bros. Transportation, WTI Transport, Mid Seven Transportation and Boyd Logistics.^[29]
  • Boyd Bros. Transportation - Founded in 1956, Boyd Bros. Transportation specializes in high volume, time-sensitive flatbed services throughout the eastern two-thirds of the United States.
  • WTI Transport - Founded in 1989, WTI is primarily an owner operator fleet focused in the transportation of roofing, building materials, aluminum, iron and steel.^[30]
  • Mid Seven Transportation - Founded in 1947, is an open-deck carrier specializing in the transportation of machinery, steel and building materials throughout the contiguous 48 states.^[31]
  • Boyd Logistics - Founded in 2000, Boyd Logistics offers shippers a trucking network for supply chain management and represents several thousand carriers and trucking companies across the U.S.^[32]
• Lone Star Transportation – Founded in 1988, Lone Star specializes in time-sensitive transportation of aerospace parts, renewable energy (wind turbines and blades), building and construction materials, heavy equipment and large logistical projects.^[9][29]
• Bulldog Hiway Express – Founded in 1959, Bulldog Hiway specializes in intermodal port deliveries and heavy hauls with loads reaching 180,000 pounds with an emphasis on the automotive and energy sectors, including wind, solar and nuclear power via 48’ 102’ flatbeds, 2-axle and 1-axle step decks and extendable RGN.^[22][29]
• Hornady Transportation - Founded in 1928, Hornady is a third generation family-led company that supports the building products and steel industries via late-model tractors and flatbed trailers.^[29][33]
• Big Freight Systems - Founded in 1948, Big Freight Systems is a Canadian company that is a full-service provider of transportation, logistics and warehousing. Big Freight Systems covers all Canadian provinces and regularly services clients in 19 U.S. states.^[34]
• The Schilli Companies - Founded in 1961, The Schilli Companies are comprised of four companies, including Schilli Transportation Services; Schilli Specialized; Schilli Distribution Services; and Schilli National Lease, a member of National Lease. They operate warehouses and distribution centers located throughout the Eastern half of the United States. ^[35]
• The Steelman Companies - Founded in 1991, The Steelman Companies, which includes Group One Inc., carry a diverse freight mix throughout North America. They handle standard flatbed freight, over-dimensional loads, and specialized equipment, and offer brokerage and logistics services ^[36]

Awards

• Daseke Named No. 1 in the inaugural Dallas Business Journal’s 2015 Middle Market 50, a list of the fastest growing Dallas-Fort Worth-based companies with revenue ranging from $25 million - $750 million^[1]
• Inc. Magazine lists Daseke in the Top 500 for 2015, a list of the fastest growing private companies in America^[37]
• Daseke named the Fastest Growing Trucking Company in the U.S. in 2014 by the Journal of Commerce^[38]
• Daseke named 2014 Ernst & Young entrepreneur of the year^[39]
• Daseke was ranked Commercial Carrier Journal's (CCJ) No. 1 in Flatbed, Specialized and Heavy Haul category in 2015.^[40]

References

Trucking industry in the United States
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Motor carriers	Truckload carriers Celadon Covenant England CRST FFE Transportation J. B. Hunt Knight Landstar System PAM Transport Patriot Transportation Roehl Transport Schneider Swift USA Truck Werner WTI Transport, Inc. Less than truckload (LTL) ABF Estes Express Lines FedEx Freight New England Motor Freight Old Dominion Freight Line Pitt Ohio Express R+L Carriers Saia Southeastern UPS Freight XPO Logistics YRCW Third-party logistics providers Access America Transport C. H. Robinson Worldwide CaseStack Freightquote Ryder Total Quality Logistics XPO Logistics National parcel carriers DHL Express FedEx UPS United States Postal Service Regional parcel carriers LaserShip OnTrac Moving companies Allied Atlas Bekins Gentle Giant Moving Company Global Interstate Mayflower National North American PODS Shleppers Moving & Storage Two Men and a Truck United Wheaton Siam Relocation
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Glossary	Glossary of the American trucking industry
Popular culture	Film Black Dog Breakdown Convoy Duel F.I.S.T. The Gang's All Here Joy Ride Maximum Overdrive Over The Top Smokey and the Bandit (series) They Drive by Night White Line Fever Trucker Television B. J. and the Bear Ice Road Truckers Movin' On Trick My Truck American Loggers American Trucker Music "Convoy" "Papa Loved Mama" "Six Days on the Road" "Teddy Bear" "Phantom 309" "Giddyup Go" "The White Knight" "East Bound and Down" "Roll On (Eighteen Wheeler)" "Drivin' My Life Away" "Eighteen Wheels and a Dozen Roses" "Girl on the Billboard" "A Tombstone Every Mile" "Roll On Big Mama" "Movin' On" "Big Wheels in the Moonlight" "Sweet Home Alabama" Radio Road Dog Trucking (Dave Nemo) Red Eye (Bill Mack) Dale Sommers Other The Rolling Memorial Citizens band radio
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