Posts by robin.harter@cofclogistics.com

COFC Ranks 94 on the Inc. Magazine’s Fastest-Growing Companies: Midwest

May 11th, 2020 Posted by News 0 comments on “COFC Ranks 94 on the Inc. Magazine’s Fastest-Growing Companies: Midwest”

         

 

The Inc. 5000 Series: Midwest

 COFC Logistics, LLC Ranks No. 94 on the inaugural 2020 Inc. 5000 Series: Midwest With Two-Year Revenue Growth of 194 Percent

 

NEW YORK, March 25, 2020Inc. magazine today revealed that COFC Logistics, LLC is No. 94 on its inaugural Inc. 5000 Series: Midwest list, the most prestigious ranking of the fastest-growing private companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment—its independent small businesses.

“This recognition by Inc. magazine honors the hard work of the COFC team and would not be possible without the continued support of our customers. They are the backbone of our success” says COFC’s Founder and President Garry Old. “In addition to general Midwest ranking, COFC is ranked #10 in the Logistics & Transportation industry sector.”

The companies on this list show stunning rates of growth across all industries in the 12 Midwest states. Between 2016 and 2018, these 250 private companies had an average growth rate of 360 percent and, in 2018 alone, they employed more than 27,000 people and added $13 billion to the Midwest’s economy. Companies based in the Chicago, Detroit, and Cincinnati areas brought in the highest revenue overall.

Complete results of the Inc. 5000 Series: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-midwest-2020 starting March 25, 2020.

“The companies on this list demonstrate just how much the small-business sector impacts the economies of each Midwest state,” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”

More about COFC Logistics:

COFC Logistics is an independent supplier of intermodal equipment and ramp to ramp service specializing in 53’ containers. COFC’s service was designed exclusively for IMC’s, 3PL’s, Brokers, Motor Carriers and other intermediaries. COFC is prohibited from working directly with Beneficial Cargo Owners (BCO) and currently operates in over 95 lanes of service throughout the U.S. and Mexico.

CONTACT:    For more information about COFC Logistics please contact Robin Harter, Vice President, robin.harter@cofclogistics.com or (419) 410-9074

 More about Inc. and the Inc. 5000 Regional Series

 Methodology

The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

 

 

Geoff Smock Promoted to AVP of Sales

February 3rd, 2020 Posted by News 0 comments on “Geoff Smock Promoted to AVP of Sales”

COFC is thrilled to announce the promotion of Geoff Smock to Assistant Vice President of Sales & Marketing, effective February 3, 2020. Geoff Joined COFC in mid-2016 initially covering the Midwest Region. In 2017, Geoff accepted the task of developing and growing the Mid-West and South-Central Regions. In 2019, Geoff was assigned to cover the Northern United States and has significantly contributed to the overall growth of COFC.

With this well-deserved promotion, Geoff will do what he does best; advocate for customers and educate them on how to best utilize COFC’s expanding network. Geoff will now lead COFC’s sales team as we add an additional salesperson to support our 2020 growth strategy and beyond.

Please join us in congratulating Geoff on his promotion!

COFC Announces Service to/from Atlanta!

January 27th, 2020 Posted by News 0 comments on “COFC Announces Service to/from Atlanta!”

COFC Logistics is excited to announce that effective January 27th, 2020 the intermodal service between Atlanta and California has been revived.  This change comes as a result of COFC’s growing service offering to meet customer demands.  We are offering SPQ and Transactional pricing for this service.  Please feel free to send SPQ requests to: pricing@cofclogistics.com

Transactional rates are also available under the Rates tab of COFC’s operating system, please click the link below for additional information.

CFQU Atlanta Service Announcement

COFC Logistics Ranks No. 1,430 on the 2019 Inc. 5000!!

August 16th, 2019 Posted by News 0 comments on “COFC Logistics Ranks No. 1,430 on the 2019 Inc. 5000!!”

COFC Logistics, LLC Ranks No. 1,430 on the 2019 Inc. 5000

With Three-Year Revenue Growth of 289 Percent

NEW YORK, August 14, 2019Inc. magazine today revealed that COFC Logistics, LLC is No. 1,430 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are honored to be recognized as one of the nation’s fastest-growing private companies over the last 3 years. The growth has been a team effort and I am thankful for and proud of the COFC Logistics team!” said Garry Old, founder and president of COFC Logistics. In addition to their national ranking, COFC Logistics was also ranked #32 in Ohio and #4 in the Toledo metro area.

About COFC Logistics

COFC Logistics is an independent supplier of intermodal equipment and service. COFC serves over 80 lanes throughout the U.S. and Mexico. COFC Logistics was designed exclusively for IMC’s, 3PL’s, Brokers, Freight Forwarders, Motor Carriers and other intermediaries. Their mission is to provide a quality, easy to use intermodal service utilizing its fleet of 2,500+ 53’ containers that will allow its customers to grow and be successful.

COFC Welcomes Pete Sarullo as AVP of Operations

August 5th, 2019 Posted by News 0 comments on “COFC Welcomes Pete Sarullo as AVP of Operations”
We are pleased to welcome Pete Sarullo to our team as Assistant Vice President (AVP) of Operations.  Pete will use his expertise and experience in intermodal operations management as well as fleet management to guide our growth and continuing the customer service you have come to expect from COFC Logistics.  He will oversee our Operations, Pricing and Maintenance and Repair Groups.

Pete’s contact information is below:

Pete Sarullo

AVP – Operations

Pete.sarullo@cofclogistics.com

(419) 725-0700 x 5560

 

COFC Logistics Promotes Robin Harter to Vice President

July 23rd, 2019 Posted by News 0 comments on “COFC Logistics Promotes Robin Harter to Vice President”

It is with great pleasure that we are announcing the promotion of Robin Harter to Vice President of COFC Logistics.

Robin has been an integral part of COFC’s growth and success for 7 years.  Singlehandedly, Robin has created the quality service you have come to expect.  Her drive and initiatives have developed and built our 3 operating systems, created all internal and external policies, processes and procedures for the accounting and operations groups.  We expect Robin’s dedication and commitment to continue improving the company and the overall service to our customers.

Let’s all congratulate Robin on her well-deserved promotion and wish her luck in her new role.

Robin Harter

Robin.harter@cofclogistics.com

419-725-0695

As we continue to move forward in 2019, you will hear of more positive changes at COFC Logistics.

Thank you.  We appreciate your continued support.

 

 

COFC Logistics Introduces Intra-Mexico Service!

April 18th, 2019 Posted by News 0 comments on “COFC Logistics Introduces Intra-Mexico Service!”

Small shippers targeted for new Mexico rail services

Hugh R. Morley, Senior Editor | Apr 10, 2019 4:45PM EDT

Ferromex turned to COFC Logistics for help in expanding capacity on its  after seeing a 40 percent spike in demand. Photo credit: Shutterstock.com.

Smaller shippers looking for alternative services in Mexico amid rising cargo volumes and tightening capacity will soon have the option to send cargo on two independent intermodal services along the country’s main rail lines.

Ohio-based intermodal provider COFC Logistics next week will launch a six-days-a-week ramp-to-ramp service moving 53-foot containers from Pantaco, in Mexico City, to Mexicali, at the western end of the United States-Mexico border, in an agreement with Ferromex. The railroad said cargo volume on the route increased by 40 percent in 2018 from the year before.

The second service, from Pantaco to Monterrey, will run five days a week, on lines operated by Kansas City Southern of Mexico. Both routes will stop at the Ferrovalle Inland Terminal, in Mexico City, one of the largest inland terminals in the country.

KCS said the Pantaco-Monterrey route is its first dedicated domestic route in Mexico, with all its other routes tied to imports or exports, and “market feedback has so far been encouraging.” The railroad said it began offering the service last year, with a third-party logistics provider and a trucking company also using the route, but COFC will bring additional equipment to the table.

Meeting a demand

The Mexicali route will mainly serve goods going north across the US border that are trucked to the Port of Los Angeles, or transloaded and moved by truck into California, Garry Old, CEO of COFC, told JOC.com. The company already has three customers lined up for the Mexicali route, with combined demand of about 300 containers per month, including beer, bottled water, and other finished goods, said Old. The company projects demand for about 250 containers a month on the Monterrey route.

Old said demand for the two services stems in part from shippers looking for alternative transportation routes amid the tight trucking market created by two Mexican government rules that took effect last year. One limited the number of hours that a truck driver can be behind the wheel, and the other required that all double tractor trailers be certified with the government. The rules also required that double trailers, known as “fulles” in Mexico, must conform to certain safety requirements. As in the United States, trucking capacity in Mexico is further strained by a driver shortage.

Transportation executives said that new hours-of-service regulations alone reduced capacity by a double-digit percentage and pushed up trucking rates, with some users reporting increases of as much as 10 percent. The capacity situation could worsen as the Mexican government ramps up enforcement of the rules.

Ferromex turned to COFC for help in expanding capacity on the Pantaco-Mexicali route after seeing a 40 percent spike in demand, fueled in part by the lack of available trucking capacity, Luis Hernandez, vice president of intermodal for Ferromex, told JOC.com. In addition, while the railroad already has 2,800 containers on the route, it had no spares to meet additional demand, and using COFC’s services enabled the railroad to ramp up capacity swiftly and avoid any delays associated with buying new containers, he said.

The customer-railroad agreement also will enable COFC to serve small to medium-sized businesses, which are generally not the focus of Ferromex’s strategy, as most of the railroad’s capacity is taken up serving its 15 largest customers, Hernandez said.

“Our goal is to work with the small to midsize intermodal marketing companies [IMCs] that are based in Mexico to give them an opportunity to move via rail,” Old said. “A lot of the small and midsize IMCs have not had access to move anything on the rail.”

The cost of moving a container from Pantaco to Mexicali on the new COFC service is about 27,000 pesos ($1,431), about the same as Ferromex charges, compared with about 40,000 to 50,000 pesos ($2,120 to $2,650) by truck, COFC said. The move would take between four and four-and-a-half days by train and two-and-a-half days by truck, the company said. The move from Pantaco to Monterrey, costing 10,000 pesos ($530), would take three to four days, compared with one day by truck, he said.

Providing container flexibility

For the Monterrey route, KCS of Mexico approached COFC. The railroad has the right to run trains on the route, but presently doesn’t do so with intermodal trains, and the cargo at first will be moved on “manifest trains,” or those with a mixture of boxcars, tankers, and intermodal units, Old said.

Most containers go by truck between Pantaco and Monterrey, amounting to about 10,000 moves a year, and COFC’s routes — aside from providing an alternative — give companies flexibility, he said.

“It gives shippers the ability, let’s say in Monterrey, to have one of our containers in their yard and they can load it either domestically down to Mexico City or they could load it cross border into the US,” he said. “We’ve also been approached by a couple of large trucking companies that have business moving in that lane that they’re trying to either increase their business by offering a rail service or fill the pipeline with rail and use their drivers for the hotter stuff.”

COFC, founded in 2011, is an independent supplier of intermodal equipment and services, and serves 70 routes in the US. It owns about 1,500 53-foot containers and expects to double that number by July.

The company — which doesn’t work directly with BCOs, but instead serves IMCs, third-party logistics providers (3PLs), brokers, freight forwarders, trucking companies, and other intermediaries — started its first cross-border US-Mexico service in 2015, partnering with BNSF and Ferromex on a route to Silao in Central Mexico. COFC now offers service to Monterrey, Toluca, and San Luis Potosi.

Beto Vargas, the incoming president of the Mexican Association of Intermodal Transport (AMTI), highlighted the need for Mexico’s intermodal sector to target small and midsized shippers in a January interview with JOC.com. Larger shippers already use rail in Mexico, but smaller shippers tend not to due in part to a perception that rail is not reliable enough and the schedules are not frequent enough, he said.

 

COFC Logistics Welcomes Jerry Cartwright to the Team!

December 24th, 2018 Posted by News 0 comments on “COFC Logistics Welcomes Jerry Cartwright to the Team!”
Dear Valued Customers,

 

COFC is proud to announce the addition of Jerry Cartwright to our sales staff.  Some of you already know Jerry, but for those of you that have not met him, Jerry has over 10 years of intermodal experience.  Jerry has working knowledge of operations, sales, and is bilingual in Spanish.

 

Effective January 1, 2019 COFC will be redefining their sales territories in order to serve you better:

 

Geoff Smock

Director of Sales and Marketing

Northern United States

Cell: (630) 470-0016

Email: geoff.smock@cofclogistics.com

ME, NH, VT, MA, RI, CT, NY, NJ, PA, MD, DE, VA, NC, WV, MI, OH, KY, TN, IN, WI, IL, MN, IA, MO, KS, ND, SD, NE, MT, WY, CO, ID, WA, OR

 

Jerry Cartwright

Director of Sales and Marketing

Southern United States & Mexico

Cell: (210) 872-2236

Email: jerry.cartwright@cofclogistics.com

SC, GA, FL, AL, MS, LA, AR, OK, TX, NM, AZ, UT, NV, CA and all of Mexico

 

 

Thank you for your continued support!

 

 

CFQU Fleet Expansion – 2018

August 29th, 2018 Posted by News 0 comments on “CFQU Fleet Expansion – 2018”

COFC has had a busy year of growth!  Our final container order of 100 new build units will arrive from China in November.  We have added over 1,000 units since November of 2017!  This final order of the year will bring our ever expanding fleet to approximately 2,000 containers.

 

COFC Announces 2nd Shift Operations!

July 25th, 2018 Posted by News 0 comments on “COFC Announces 2nd Shift Operations!”

COFC Logistics is pleased to announce that office hours have been extended.  The Operations Team has been expanded to include a 2nd shift to better serve customer needs.  The Operations Team is now available from 7:00 am ET until 23:59 ET Monday through Friday.  As there is no coverage between the hours of 00:00 ET and 7:00 ET, Customers are encouraged to send emails to operations@cofclogistics.com after office hours.  An Operations Team Member will respond to any emails received the following business day.

Weekend coverage is now Saturday from 8:00 am ET until 3:00 pm ET, and on Sunday from 9:00 am ET to 12:00 (Noon) ET.  It is recommended that Customers requiring assistance outside of these posted hours communicate with COFC Logistics via email.