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Arrive Logistics Achieves 100% Revenue Growth in 2016

08 Aug 2017
Category: News
Author: Kari Wainwright
Shape

Two-and-a-half years ago, Arrive Logistics launched its business with 10 employees and a business model that puts carriers first. Today they’re among the top 40 non-asset-based freight brokerages in the country.

The company, which has offices in Austin, Texas and Chicago, experienced a 100% increase in revenue from 2015 to 2016 and is projected to stay on that growth trajectory in 2017. Since its inception in July of 2014, Arrive has grown from 10 employees to more than 200 and is expected to bring on 150 team members during 2017.

Named a “Top Brokerage Firm”

Eric Dunigan, President, and Matt Pyatt, CEO, of Arrive Logistics.

Recently, Arrive was recognized as a Top Brokerage Firm by Transport Topics magazine.

Transport Topics based its ranking on net revenue accrued during Arrive’s second year in business, earning the company the 73rd spot out of more than 16,000 active asset and non-asset based brokerage firms. When comparing Arrive Logistics to other non-asset based brokerages listed, they ranked in the top 40.

Putting Carriers First

Much of Arrive’s success can be attributed to its unconventional business model, adopting what has been called “The Chicago Model.” In that model, brokers find and nurture carriers first, and then find shippers that meet the needs of the carriers.

At Arrive, about 60% of employees work on carrier relations, while the other 40% sells and services shippers. Founders Eric Dunigan, President, and Matt Pyatt, CEO, first learned the business while worked in Chicago under Paul Loeb, legendary founder of American Backhaulers and Command Transportation.

“One thing that Paul was adamant about was the you were nothing without your carrier relationships,” Pyatt said in a recent interview for a DAT case study.

Technology helps fuel growth

CASE STUDY: ARRIVE LOGISTICS

Arrive Logistics was recently profiled in a DAT case study, Successful Brokers Put Carriers First, as a company that has thrived using the Chicago model for its brokerage.

One driver of Arrive’s phenomenal growth has been its use of the latest technology–and that includes DAT products.

To maximize productivity, Arrive uses the DAT Power load board for posting loads and searching trucks, DAT RateView™ for checking market rates on the lanes it runs, DAT CarrierWatch® for qualifying and monitoring carriers, and DAT Keypoint® transportation management software that ties together operations and accounting in a single-entry system.

Best of all, each of the DAT products is completely integrated with the Keypoint TMS, making it, as Pyatt says, “fast, easy, and effective.”

Exceptional Customer Service

In addition to Arrive’s recognition from Transport Topics, the company was recently named “Truckload Partner of the Year” by a leading global manufacturer and distributor of plastics, rubber and chemicals, Ravago Americas, LLC. Ravago selected Arrive Logistics as its 2016 Truckload Partner of the Year based on several key supply chain metrics and exceptional customer service. Ravago’s Truckload Partner of the Year award was presented at the Ravago Carrier Awards Ceremony held at the company’s headquarters in Orlando, FL.

“These accomplishments are shared by everyone on Arrive’s team,” said Matt Pyatt, co-founder and CEO of Arrive Logistics. “Establishing great relationships with intelligent, forward thinking partners like Ravago and following through on our promise to provide a world-class customer experience has allowed us to achieve this recognition.”

Original Story Below:

http://www.dat.com/blog/post/Arrive-Logistics-Wins-Honors-for-Growth-and-Service?utm_campaign=bnews&utm_medium=email&utm_source=mkto&MID=5901466&mkt_tok=eyJpIjoiT1dZME5USmhOR1ZsTnpKayIsInQiOiJqU0h6cVBqekFtdnNsV2Q4Z0ViNjFUZWlIaktJTkYyKzRacGloNFdab1BvcUlFalFwWHFPcVdWaVQ2WXo0bThSdEs0Z3M3bFBvcmxyU3RtSmZaRGIzalVPM2hnalJtaFlBZWFMNnRCYjZVNndzSk9IMGptWDFZT0ZHRk5ERlF2TTZBWnVyRmNTakRvNXVXQWxEYmxnQ2c9PSJ9


Tim Denoyer,
VP and Senior Analyst at ACT Research

As VP and Senior Analyst at ACT Research, Tim analyzes commercial vehicle demand and alternative powertrain development (i.e. electrification), and authors the ACT Freight Forecast, U.S. Rate and Volume Outlook. He previously spent fifteen years in equity research focused primarily on the transportation, machinery, and automotive industries, and co-founded leading equity research firm Wolfe Research.

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Freight fraud continues to impact our industry. We encourage shippers and carriers to reach out to Arrive immediately if there is ever a shipment in question that may be subject to fraud. Arrive Logistics registered email domain is @arrivelogistics.com. Our 24/7 phone number is 888-861-0650 and our leadership team can also be reached at feedback@arrivelogistics.com

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Carrier Scorecard Feedback

Scott Sandager,
Chief Administrative Officer 

Scott Sandager is the Chief Administrative Officer at Arrive Logistics. He joined Arrive in 2018, bringing over 14 years of logistics and brokerage experience, with expertise in project and change management, organizational design, talent development and customer satisfaction. Scott previously held many diverse roles of increasing responsibility with AFN, a Chicago-based freight brokerage.

Barry Conlon,
CEO & Founder at Overhaul

Barry Conlon is the CEO and founder of Overhaul, the global leader in active supply chain risk management and intelligence. With a remarkable career spanning over 30 years in supply chain security, he is widely regarded as a trailblazer in modern-day supply chain security standards and best practices.

Matt Pyatt, Chief Executive Officer

Matt Pyatt is the Chief Executive Officer of Arrive Logistics. He co-founded Arrive with President Eric Dunigan in 2014 after building his career at Command Transportation. As CEO, he is responsible for overseeing the company’s financial health, strategic vision and culture, as well as building a scalable leadership team to support Arrive’s growth.

Eric Dunigan,
President & Co-Founder

Eric Dunigan is the President of Arrive Logistics. He began his career at Command Transportation before co-founding Arrive with Matt Pyatt in 2014. As president, he is responsible for driving revenue and growth, as well as leading the Strategic Partnerships team — a veteran group of supply chain experts who work with Arrive’s customers to reimagine their shipping strategy.

Arrive Logistics VP of Market Intelligence David Spencer Headshot

David Spencer,
VP of Market Intelligence

David Spencer is the Vice President of Market Intelligence at Arrive Logistics. David joined Arrive in 2017 after spending six years at AFN focused on business intelligence. His department provides critical market data and expert analysis to internal teams and publishes monthly market updates for shippers and carriers under the Arrive Insights banner.

Andrew Clarke, Board Chair,
Arrive Logistics and Global Critical Logistics

Andrew Clarke is Board Chairman for Global Critical and DCLI, Inc., and a board member for Arrive Logistics and Element Fleet Management Corp. His 20 years of global transportation and logistics experience include time as CFO of C.H. Robinson, CEO of Panther Expedited Services, Inc. and SVP and CFO roles at Forward Air Corporation.

Dean Croke,
Principal Analyst
at DAT Freight and Analytics

Dean Croke is a Market Analyst at DAT Solutions, where he focuses on freight market intelligence and data analytics. His 35 years of experience with data analytics, transportation, supply chain management, mining and insurance risk management include time as co-founder of FleetRisk Advisors and in a number of other high-level roles with FreightWaves, Spireon, Lancer Insurance, Omnitracs Analytics (formerly Qualcomm) and more.

Asanka Jayasuriya,
CTO and Partner at 8VC

Asanka Jayasuriya is the CTO at 8VC. He is an accomplished engineering and product leader with 20+ years of experience in the cloud. He has a strong background in enterprise SaaS, PLG products, infrastructure, and security. Notably, he served as CTO and SVP of Engineering at SailPoint, leading their successful transition to the cloud and successful exit event. He also held senior leadership roles at InVision, Atlassian, and Amazon, driving growth, operational excellence, and innovation. At 8VC, Asanka works with the entrepreneurs and leaders in our portfolio as a virtual CTO supporting their growth.

Chad Eichelberger,
President at Reliance Partners

Chad Eichelberger is the President of Reliance Partners. Since 2015, he’s leveraged his extensive experience in risk management, compliance, best practices and contracts to lead the company’s logistics and truck insurance strategy and operations. Chad was previously the President of Access America Transport, where he led the company from $8M to over $600M in revenue.

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