What Averitt Express does

Averitt Express is a privately held, asset-based transportation and supply chain management company headquartered in Cookeville, Tennessee, founded in 1971 and operating 140+ terminals, 120+ distribution facilities, a fleet of 4,000+ tractors and 13,000 trailers, and 9,000+ associates. The company sells an integrated logistics portfolio under its 'Power of One' model, combining Less-Than-Truckload (LTL), truckload, dedicated fleet, distribution and fulfillment, and integrated/global solutions (international forwarding, cross-border Mexico and Canada, intermodal, customs clearance, port logistics, brokerage, and airfreight) through a single customer relationship.

The technology stack centers on three proprietary platforms: Averitt Connect (a private-label multicarrier Transportation Management System enabling rate shopping and booking across carriers without competitor rate visibility), ShipPlus (an LTL shipping interface for rate, schedule, and document/label printing), and an Oracle Transportation Management System integration, supplemented by AI-assisted capabilities for operations planning, linehaul disruption evaluation, pricing within defined guardrails, and customer service email handling under enterprise governance. The company maintains full USMCA cross-border certifications (FAST, C-TPAT, Partners in Protection, Customs Self Assessment) and a deep specialization in Puerto Rico with 600,000+ sq ft of free-trade-zone warehousing and 125+ daily delivery drivers.

Averitt generates revenue primarily through transaction-fee LTL and truckload services and managed-services contracts for dedicated fleets, distribution/fulfillment, and integrated logistics, priced via quote-based and contract arrangements rather than published rate cards. The go-to-market is hybrid: enterprise field sales supported by regional sales VPs (e.g., Tennessee/Virginia), a self-service online portal and ShipPlus for SMB and direct digital buyers, and partnership channels for intermodal rail, Puerto Rico on-island distribution, and digital freight brokerage (Uber Freight). Customer segments span general business shippers, retail/ecommerce, cross-border/nearshoring flows, port/import-export, and dedicated/contract carriage.

Name

Averitt Express

Legal name

Averitt Express, Inc.

Website

https://averitt.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Averitt Express is a privately held, asset-based U.S. transportation and supply chain company providing integrated LTL, truckload, dedicated, distribution/fulfillment, and cross-border logistics services through 140+ terminals and 9,000+ associates serving enterprise and SMB shippers across North America.

Ownership category

akta.pro rank

Product category

Freight Transportation and Logistics Services

NAICS

Freight Transportation Arrangement (48851)

SIC

Trucking & Courier Services (No Air) (4210), Trucking (No Local) (4213)

akta.pro primary industry

LTL Consolidators & Deconsolidators (TLADAEAE)

akta.pro secondary industries

Final-Mile LTL (Residential & B2B Delivery) (TLADAEAG), Less-Than-Truckload (LTL) Freight Brokerage (TLADAMAC), Full Truckload (FTL) Forwarding (TLACACAA), LTL High-Value / Secure Freight Carriers (TLADAEAL)

Keywords

• Less-than-truckload shipping
• Freight transportation services
• Warehousing and distribution
• Dedicated trucking services
• Supply chain logistics

Headquarters

HQ city

Cookeville

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Less-Than-Truckload (LTL): End-to-end LTL shipping solutions across North America including locally customized LTL, final mile, pool distribution, and state-of-the-art TMS technology for full visibility into supply chain.
2. Truckload Services: Full load services delivered on Averitt's fleet of modern, professional, safety-focused dry van equipment. On Tour Logistics team handles production and event logistics.
3. Dedicated Fleet Services: Private-fleet performance without cost of ownership. Fleet of dry van, flatbed, refrigerated and customized equipment managed by Averitt allowing customers to focus on their business.
4. Distribution & Fulfillment: Network of distribution centers providing warehousing and distribution space for retail, e-commerce and inventory management solutions, all connected by cutting-edge WMS technology.
5. Integrated & Global Logistics: Vetted partnerships throughout North America and internationally for ground, ocean and air services including international forwarding, expedited, specialized equipment, North America truckload brokerage, intermodal services, customs clearance, port logistics services, and Averitt Enterprise TMS.
6. Freight Brokerage: Brokerage operation built on documented carrier vetting processes, third-party monitoring, and continuous TMS controls. Loads covered up to $100,000 automatically included.
7. Intermodal Services: Door-to-door intermodal transportation using COFC and TOFC container options with drayage coordination, rail access throughout U.S., Canada, and Mexico, including competitive options for Florida lanes and outbound Laredo.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Averitt Express is an asset-based transportation and supply chain management company providing less-than-truckload (LTL), full truckload, dedicated fleet, distribution and fulfillment, and integrated logistics services across North America. The company operates a fleet of 4,000+ trucks and 13,000 trailers from 140+ terminals, delivering end-to-end freight solutions under its 'Power of One' unified service model with a single point of contact.

Product overview

Averitt Express operates 'The Power of One' — a unified, modular logistics platform that consolidates LTL, Truckload, Dedicated, Distribution & Fulfillment, and Integrated & Global Solutions under a single relationship. The core portfolio is anchored by LTL and Truckload as the primary transportation services, supported by Dedicated Services (private-fleet replacement), Distribution & Fulfillment (warehousing and order management with WMS connectivity), and Integrated & Global Solutions (international forwarding, air cargo, cross-border, customs, port logistics, brokerage, and intermodal). On top of the core services, Averitt offers two proprietary platforms: Averitt Connect — a multicarrier TMS for rate shopping and shipment management — and ShipPlus — an online LTL booking and document portal. Specialized offerings include On Tour Logistics for event production, Puerto Rico ocean freight with island-wide delivery, and cross-border USMCA-certified Mexico and Canada services. The architecture is a platform-plus-modules model where the customer relationship and operational network serve as the backbone, with specialized service units layered on top for cross-border, international, intermodal, and fulfillment needs.

Differentiator

Problem solved

Functional benefit

Brands

• On Tour Logistics: Specialized event and production logistics team providing equipment transportation services for events and productions.
• Power of One
• Averitt Connect
• Beyond Point to Point

Products and services

• LTL Services End-to-end Less-Than-Truckload shipping solutions across North America, including locally customized LTL, final mile, pool distribution, and TMS technology for full supply chain visibility. Targeted at business shippers of all sizes requiring consolidated freight transportation.
• Truckload Services

Quantifiable outcome

• Intermodal transit time typically adds only 1-2 days compared to over-the-road while saving $500-$1,500 per load
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Uber FreightcoreGTM or Marketing Partner · 28 May 2026Uber Freight recognized Averitt with the 2026 Carrier of the Year Award, acknowledging exceptional carrier performance, reliability, and partnership value in freight transportation.
• Mercedes-BenzminorOthers · 31 December 202530-year partnership ending on December 31, 2025, affecting approximately 200 trucking jobs including drivers, administrative support, and leadership positions at Mercedes-Benz facility in Vance, Alabama. Averitt stated it is actively working to ensure smooth transition for affected associates.
• Kennesaw State University FootballminorGTM or Marketing Partner · 26 December 2025Averitt's On Tour Logistics provides equipment transportation services for Kennesaw State University's football program, with services running since the start of the season. Leverages Averitt's regional presence across Georgia and the Southeast.
• Puerto Rico On-Island PartnercoreStrategic or Co-development PartnerLong-standing on-island partnership providing over 600,000 square feet of warehousing and distribution space in Puerto Rico's free trade zone, 125+ daily delivery drivers, and island-wide distribution capabilities including pick-and-pack, kitting, SKU-level inventory management, and white-glove delivery.
• Tennessee Tech UniversityminorGTM or Marketing PartnerAveritt provides similar equipment transportation services for Tennessee Tech University's athletics program via On Tour Logistics.

Scale indicators13 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Old Dominion Freight Line: Old Dominion is the largest LTL carrier in North America, operating a similarly asset-based model with a dense terminal network and integrated service portfolio. It competes head-to-head with Averitt in Southeast LTL lanes and serves as the benchmark for operational excellence in the asset-based LTL segment.
• Saia Inc. Saia is a publicly traded LTL carrier with comparable terminal density and an asset-based operating model similar to Averitt's. Both companies target the same regional and national LTL shipper base and overlap significantly in the U.S. South and Midwest lanes.
• Estes Express Lines: Estes is a privately held LTL and truckload carrier with a comparable regional terminal network and asset-based service model. As one of the largest privately held LTL carriers in the U.S., Estes competes directly with Averitt on both LTL lanes and integrated logistics services.
• ArcBest: ArcBest operates ABF Freight as its LTL asset-based carrier alongside asset-light logistics services, mirroring Averitt's blend of asset and integrated solutions. Both companies serve enterprise and mid-market shippers with similar LTL and logistics offerings across North America.
• XPO Inc. XPO is one of the largest LTL carriers in North America, operating a national asset-based network. While larger and more nationally distributed, XPO competes with Averitt in LTL lanes, brokerage, and integrated supply chain services across overlapping customer segments.
• Southeastern Freight Lines: Southeastern Freight Lines is a privately held regional LTL carrier with deep concentration in the U.S. Southeast — directly overlapping Averitt's strongest geography. Both companies operate asset-based LTL networks targeting similar regional shippers with comparable service profiles.
• R+L Carriers: R+L Carriers is a privately held family-owned carrier offering LTL, truckload, and logistics services nationwide. Like Averitt, it combines asset-based operations with freight forwarding and operates as an independent, founder-controlled company with similar service breadth.

Broad incumbents

• Knight-Swift Transportation: Knight-Swift is the largest truckload carrier in North America with growing LTL exposure through its U.S. Xpress and AAA Cooper acquisitions. It competes with Averitt across truckload, dedicated, and increasingly LTL, with much broader scale and capital resources.
• Schneider National: Schneider is a large multimodal carrier offering truckload, intermodal, and logistics services. It overlaps with Averitt in truckload, dedicated, and intermodal segments, serving similar enterprise customers with a broader national footprint and public-company scale.
• Hub Group: Hub Group is a major intermodal and logistics services provider with significant North American intermodal capacity. It competes directly with Averitt's intermodal and integrated logistics offerings and serves enterprise shippers seeking intermodal-led solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJPzpViAddp7IxgBFzCvB2g
• Facebookfacebook.com/averittexpress
• LinkedInlinkedin.com/company/averitt-express
• Instagraminstagram.com/averittofficial
• Xx.com/averittexpress

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Averitt Express