Posts in News

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.

 

CFQU Fleet Expands Again!

March 12th, 2018 Posted by News 0 comments on “CFQU Fleet Expands Again!”

Dear Valued Customer,

We are expanding our fleet to approx. 1,800 – 53′ containers.  All of the containers are in Chicago and our plan is to bring 30 to 40 per week into service beginning the week of March 19th.

We appreciate your support and will continue to add to our fleet in 2018.

COFC Logistics Increases Fleet to 1,450!

December 5th, 2017 Posted by News 0 comments on “COFC Logistics Increases Fleet to 1,450!”

Dear Valued Customer,

I am pleased to announce that because of your continued support and confidence in COFC Logistics, we have increased our fleet by 445 containers bringing our fleet size to over 1,450! The containers are being inspected, repaired, if needed, identified as CFQU’s and GPS units are being installed. We plan to start bringing some of the containers into service as early as next week, via Chicago, and will continue to add as demand requires.

Looking ahead to 2018, we are expecting continued growth and plan to review our fleet utilization, Capacity Commitment awards and Captured Equipment programs at the end of Q1 2018. If needed, we have the resources to further expand the fleet to support business.

Thank you for your continued support!

Garry Old

SYSTEM AND EMAIL MAINTENANCE SCHEDULE

November 20th, 2017 Posted by News 0 comments on “SYSTEM AND EMAIL MAINTENANCE SCHEDULE”

Dear Valued Customer,

We will be conducting maintenance on our email server and upgrades to our operating system.

Email Updates

Email server updates will be Wednesday, November 22, 2017, from 5pm ET until 6pm ET.  During this time, there may be delays in sending/receiving emails.  If you do not receive a response in a timely manner, please call 419-725-0700.

System Updates

We will be performing upgrades to our Intermodal Operations System on Sunday, November 26, 2017 from 12am ET until 6pm ET. Please note that the COFC operating system will be unavailable during the upgrade time-frame.  All inbound EDI will remain in queue and will be processed immediately upon completion of upgrades. Please note that upgrade time-frame includes buffer time for unexpected delays during upgrade and users will be notified if upgrades are completed before 6pm ET on November 26, 2017.

We appreciate your support and apologize for any inconvenience.