Tri-State Truck Center, Inc.

What Tri-State Truck Center, Inc. does

Tri-State Truck Center, Inc. is a privately held, fourth-generation family-owned commercial truck dealership founded in 1945 by F.A. Maddox, Sr. as Tri-State Mack. The company operates 9 full-service dealerships across Tennessee, Mississippi, Missouri, and Arkansas, employing over 360 people and serving commercial fleet operators and owner-operators throughout the Mid-South region. Its core business spans new and used Class 6, 7, and 8 truck sales across multiple OEM franchises (Mack, Volvo, International, Freightliner, Peterbilt, Kenworth, and Western Star), supported by captive financing partnerships with Navistar, Mack and Volvo Financial Services plus third-party banks offering standard loans, TRAC leases, and FMV leases.

The company's revenue stack combines one-time truck sales, recurring leasing income (multi-year TRAC and FMV contracts on day cab, sleeper cab, dump, and medium-duty units), one-time parts sales from a $10.5 million pooled inventory across brands (Volvo, Mack, International, Meritor, Eaton, Fuller, Spicer, Road Choice), and professional services including performance tuning (claimed up to 30% power gains), DPF filter service, brake and wheel alignment work, and engine overhauls. Operating technology consists of a SemiTech Connect, LLC dealership management system powering online inventory browsing, internal inventory control, customer portal access, and a third-party credit application flow via app.trnsact.com. No proprietary AI/ML, APIs, or app products are documented.

The go-to-market is a traditional enterprise field sales model executed through 9 physical dealerships, supplemented by digital lead capture (website inventory search, online credit application) and organic social/SEO presence. The company's positioning emphasizes longevity (longest-established dealer in its trade area), brand-authorized multi-OEM coverage, in-house financing flexibility, and parts-driven downtime reduction for fleet customers. The business remains entirely family-controlled with no disclosed institutional investors, parent company, subsidiaries, or M&A activity.

Name

Tri-State Truck Center, Inc.

Legal name

Tri-State Truck Center, Inc.

Website

https://tristatetruck.com

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

251–500 employees

Short description

Tri-State Truck Center is a fourth-generation family-owned commercial truck dealership founded in 1945, operating 9 full-service locations across the Mid-South that sell, lease, finance, and service Class 6-8 trucks from multiple OEMs for fleet operators and owner-operators.

Ownership category

akta.pro rank

Product category

Commercial Truck Dealership

NAICS

Automotive Repair and Maintenance (8111), Motor Vehicle Supplies and New Parts Merchant Wholesalers (42312)

SIC

Services-Automotive Repair, Services & Parking (7500), Wholesale-Motor Vehicle Supplies & New Parts (5013), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Utility / Service Body Truck Leasing & Rental (Bucket, Field Service, Telecom/Power) (TLABABAJ)

Keywords

• Commercial truck sales
• Truck leasing services
• Truck parts inventory
• Fleet maintenance services
• Truck financing solutions

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Truck Sales: Sales of new and used Class 6, 7, and 8 commercial trucks from brands including Mack, Volvo, International, Freightliner, Peterbilt, Kenworth, and Western Star. Inventory includes day cab tractors, sleeper cab tractors, dump trucks, and medium duty trucks.
2. Truck Leasing: Operating leases and rentals for semi-trucks including dump trucks, commercial trucks, day cab tractor trucks, sleeper cab tractor trucks, and medium duty trucks. Offers TRAC leasing and FMV leasing options.
3. Parts Sales: Sales of Class 6, 7, and 8 truck parts from brands including Volvo, Mack, International, Meritor, Eaton, Fuller, Spicer, and Road Choice. Over $10.5 million in parts inventory.
4. Service and Repairs: Full-service maintenance and repair including performance tuning, routine maintenance, DPF filter services, brake repair and inspection, wheel alignment, engine repair and overhauls, and electrical systems.
5. Financing Services: Commercial truck financing through partnerships with Navistar, Mack and Volvo Financial Services, and other banks and equipment lenders. Offers standard loan contracts, TRAC leasing, and FMV leasing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Tri-State Truck Center is a full-service commercial truck dealership that sells new and used Class 6, 7, and 8 trucks from manufacturers including Mack, Volvo, International, Freightliner, Peterbilt, Kenworth, and Western Star. It complements sales with multi-option leasing (TRAC and FMV leases), financing arrangements through OEM captive lenders and outside banks, an extensive $10.5 million parts inventory, and full-service maintenance and repair capabilities including performance tuning, DPF filter services, brake repair, wheel alignment, and engine overhauls across nine dealership locations in the Mid-South.

Product overview

Tri-State Truck Center is a fourth-generation family-owned truck dealership founded in 1945, operating as a full-service dealer for Class-6, 7, and 8 trucks. The company offers a comprehensive portfolio consisting of three interconnected core service lines: (1) Truck Sales covering new and used Class-8 heavy-duty trucks from manufacturers including Mack, Volvo, International, Peterbilt, Kenworth, Freightliner, and Western Star, as well as medium-duty trucks; (2) Financing and Leasing services providing standard loans, TRAC leases, FMV leases, dump truck leasing, day cab tractor leasing, sleeper cab tractor leasing, and medium duty truck leasing through partnerships with Navistar Financial, Mack Financial, and Volvo Financial Services; and (3) After-sale support including a $10.5 million parts inventory from brands like Meritor, Eaton, Fuller, and Spicer, plus full-service maintenance capabilities offering performance tuning, DPF filter services, brake repair, wheel alignment, and engine overhauls. The product ecosystem is tied together through flexible financing options that can cover both truck purchases and service work, enabling customers to finance the complete cost of ownership from a single provider across the Mid-South region.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Truck Sales (Class 6, 7, and 8) Sales of new and used heavy-duty and medium-duty commercial trucks (GVW 10,001 lbs and greater) from brands including Mack, Volvo, International, Freightliner, Peterbilt, Kenworth, and Western Star, covering day cab tractors, sleeper cab tractors, dump trucks, and medium duty configurations. The offering is aimed at commercial fleet operators and owner-operators in the Mid-South region across nine full-service dealership locations.
• Semi-Truck Leasing Operating leases for semi-trucks spanning dump trucks, commercial trucks, day cab tractors, sleeper cab tractors, and medium duty trucks, offered through TRAC leasing and FMV (Fair Market Value) leasing structures with multi-year contract terms and varying mileage and payment terms. Targeted at fleet operators and owner-operators needing flexible access to commercial vehicles without outright ownership.
• Semi-Truck Financing Commercial truck financing arrangements including standard loan contracts, TRAC leasing, and FMV leasing, delivered in partnership with Navistar Financial, Mack and Volvo Financial Services, and other banks and equipment lenders. Provides customers with single-source financing covering both truck purchases and related service work, supporting fleet operators and owner-operators across the Mid-South.
• Truck Parts Sales Sale of Class 6, 7, and 8 truck parts from brands including Volvo, Mack, International, Meritor, Eaton, Fuller, Spicer, and Road Choice, supported by over $10.5 million in parts inventory distributed across nine dealership locations to reduce customer downtime. Available to fleet customers, owner-operators, and walk-in repair shops in the Mid-South region.
• Truck Service and Maintenance Full-service maintenance and repair for Class 6, 7, and 8 trucks, including performance tuning (up to 30% increased power without replacing parts), routine maintenance, DPF filter inspection and cleaning, brake repair and inspection, wheel alignment, engine repair and overhauls, and electrical systems work. Performed at all nine full-service dealerships for fleet operators, owner-operators, and external commercial customers.

Quantifiable outcome

• Performance tuning can deliver up to 30% more power without replacing parts

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• SemiTech Connect, LLCsupportingTechnology or IntegrationSemiTech Connect provides the dealership management software platform powering the website, inventory management system, and customer portal.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• RWC Group: Peterbilt and Volvo commercial truck dealer group with locations across Utah, Nevada, Arizona, and California. Comparable full-service dealership model offering new/used truck sales, leasing, parts, and service.
• Rush Enterprises, Inc. Largest network of commercial truck dealerships in North America, operating Peterbilt, International, and Ford dealerships plus Rush Truck Leasing. Directly comparable as a multi-brand commercial truck dealer with integrated leasing, parts, and service; Tri-State operates at a smaller regional scale in the Mid-South.
• Nuss Truck & Equipment: Mack and Volvo heavy-duty truck dealer in the Upper Midwest. Authorized dealer with parts, service, and financing — same OEM brand exposure (Mack, Volvo) as Tri-State, with similar full-service dealership footprint though in a different region.
• Wallwork Truck Centers: Freightliner, Western Star, and Ford commercial truck dealer with full-service locations across North Dakota and surrounding states. Comparable as a regional multi-brand commercial truck dealer providing sales, parts, service, and financing.
• Velocity Vehicle Group: Commercial truck dealership group operating Daimler, Western Star, and other brands across the western U.S. Comparable multi-brand commercial truck dealer with parts, service, and financing offerings, though concentrated in western geographies rather than Mid-South.
• TEC Equipment: Volvo, Mack, and Hino commercial truck dealer with locations across the western U.S. Multi-brand OEM dealer with parts and service operations, comparable in product mix and integrated service offerings though geographically distant from Tri-State's Mid-South base.
• Hunter Truck Sales & Service: Peterbilt, International, and Hino commercial truck dealer with multiple Pennsylvania and West Virginia locations. Comparable full-service dealership model with sales, leasing, parts, and service offerings.
• Premier Truck Group: Multi-brand commercial truck dealer operating Freightliner, Western Star, and other dealerships across Texas, Oklahoma, and Louisiana with full sales, leasing, parts, and service capabilities. Closely comparable to Tri-State's full-service dealership model in an adjacent regional market.
• McMahon Truck Centers: Mack, Volvo, and Hino commercial truck dealer operating across Ohio, Indiana, and Kentucky. Comparable multi-brand heavy-duty dealer offering parts, service, and leasing in a neighboring region to Tri-State's Mid-South footprint.
• Nextran Truck Centers: International and Volvo commercial truck dealer network with locations across the southeastern U.S. Comparable as a regional multi-brand heavy-duty truck dealer offering sales, leasing, parts, and service; geographically adjacent to Tri-State in some markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/tristatetruck
• YouTubeyoutube.com/channel/UC6i7i81v8wuR3i6KgZtVqzA?view_as=subscriber
• Facebookfacebook.com/tristatetruck
• LinkedInlinkedin.com/company/tri-state-truck-center-inc.
• Instagraminstagram.com/tristatetruck

Revenue estimate

Valuation estimate

Number of profiles

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 Tri-State Truck Center, Inc.