What Nu-Way does

Nu-Way Transportation, Inc. is an Illinois-based, privately held asset-based third-party logistics provider founded in 1994 by Vernon Schrof. The company operates a fleet of approximately 350 power units averaging 2.5 years in age, traveling over 20 million miles annually across the United States and Canada, and employs more than 500 people. Service lines are anchored by dedicated contract carriage and extend into specialized hazardous-materials transportation, integrated logistics support, Encore Services (spot truckload within a 200-mile radius of Chicago), local shuttle/spotting, tarping services, and BRCGS-certified food-grade warehousing covering approximately 250,000 square feet of temperature-controlled space.

Nu-Way monetizes primarily through contractual dedicated-carriage agreements, transaction-based spot and shuttle moves, managed-services warehousing, and professional-services logistics engineering. Pricing is quote-based and not publicly disclosed; customer acquisition is sales-led, targeting enterprise and mid-market shippers across food and beverage, hazmat, flatbed, and logistics-intensive verticals. The company extends its technology stack through the Nu-Way Horizons customer asset-tracking portal, the Predictive Analysis of Risk (PAR) safety scoring system, Trimble electronic logging devices, Birst business intelligence, SAP/Instinct warehouse management, and electronic data interchange integrations.

The operating model is founder/partner-owned with all partners actively working in the business, supplemented by a partnership with Zero Waste Logistics that adds advisory and freight-spend optimization services. Nu-Way holds memberships in the American Trucking Associations, Illinois Trucking Association, EFBC, and McLean County Chamber of Commerce, and in 2024 was recognized as a Top 100 Dedicated carrier and Top 100 Refrigerated Warehouse operator.

Name

Nu-Way

Legal name

Nu-Way Transportation, Inc.

Website

https://nuway.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Nu-Way Transportation is an Illinois-based, privately held dedicated contract carrier and third-party logistics provider operating ~350 trucks and 250,000 sq ft of BRCGS-certified refrigerated warehousing, serving enterprise and mid-market shippers across the US and Canada since 1994.

Ownership category

akta.pro rank

Product category

Transportation and Logistics Services

NAICS

General Warehousing and Storage (493110), Specialized Freight Trucking (4842), Freight Transportation Arrangement (488510)

SIC

Trucking (No Local) (4213), Public Warehousing & Storage (4220)

akta.pro primary industry

Contract Warehousing / Dedicated Warehousing (Dry) (TLALAAAB)

akta.pro secondary industry

Hazmat & Dangerous Goods Warehousing (Regulated Storage) (TLAIACAE)

Keywords

• Dedicated contract carriage
• Freight transportation services
• Specialized hazmat trucking
• Temperature-controlled warehousing
• Integrated logistics support

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Dedicated Contract Carriage: Customized transportation solutions where Nu-Way provides dedicated equipment, drivers, and technology for specific customer operations. Revenue is generated through contractual agreements with customers who require dedicated transportation capacity.
2. Specialized Transportation Services: Transportation services in hazardous material and safety-sensitive environments with specialized equipment, trained drivers, and teams.
3. Integrated Logistics Support: Professional services including analytics, strategy, logistics engineering, operations support, asset utilization, and customized information reporting.
4. Distribution & Warehousing: Food grade warehouse storage and distribution services with approximately 250,000 square feet of temperature-controlled space. BRCGS certified facility handles refrigerated and frozen goods.
5. Encore Services / Spot Loads: Truckload transportation services operating within a 200-mile radius of Chicago for non-dedicated transportation needs.
6. Local Shuttle/Spotting: Time-sensitive regional distribution and local shuttle and spotting services at manufacturing and distribution locations.
7. Tarping Services: Specialized services for flatbed shippers including trailer spotting, tarping/untarping to increase carrier efficiency.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Nu-Way provides customized dedicated contract carriage, specialized transportation in hazardous material and safety-sensitive environments, integrated logistics support (analytics, strategy, logistics engineering), regional truckload (Encore Services), local shuttle and spotting, tarping services, and BRCGS-certified food-grade distribution and warehousing. The company assigns dedicated drivers, equipment, and technology to each customer account and supports them with real-time asset tracking, predictive safety analytics, and warehouse management system integration.

Product overview

Nu-Way is a transportation and logistics solutions provider offering an integrated suite of services built around dedicated contract carriage. The portfolio includes Dedicated Contract and Specialized Solutions for hazmat environments, Integrated Logistics Support, Encore Services for truckload needs, Local Shuttle/Spotting, Tarping Services, and Distribution & Warehousing (BRCGS certified food-grade facilities). Technology offerings center on Nu-Way Horizons for customer asset tracking and PAR (Predictive Analysis of Risk) for driver safety analytics. The company operates a fleet of approximately 350 power units with modern on-board technology and eDriver Logs.

Differentiator

Problem solved

Functional benefit

Brands

• Nu-Way Horizons: Customer asset tracking and real-time shipment tracking portal that shows truck location, route history, delivery information, and ETA on future planned stops.

Products and services

• Dedicated Contract
• Specialized Solutions Dedicated contract carriage in hazardous material and safety-sensitive environments, featuring specialized equipment, team-driver operations, and highly trained drivers for safe product movement throughout the United States and Canada.
• Integrated Logistics Support Professional analysis of supply chain needs providing optimal route design and implementation support, including analytics, strategy, logistics engineering, operations support, asset utilization/resource management, and customized information reporting.
• Encore Services Truckload transportation services for non-dedicated needs, operating within a 200-mile radius of Chicago with 24-hour analysts and dispatch support, suited to shippers with seasonal or sporadic transportation requirements.
• Local Shuttle and Spotting Services Time-sensitive regional distribution with management of local shuttle and spotting services at manufacturing and distribution locations, featuring full WMS integration and 24/7 operations.
• Tarping Services Specialized flatbed services including trailer spotting, tarping, and untarping to increase carrier efficiency by ensuring outbound loads are driver-ready.
• Distribution and Warehousing Food-grade warehouse facilities in the Midwest with BRCGS certification, handling refrigerated and frozen goods with allergen containment. Includes RF technology for real-time inventory tracking, shipping/receiving, order picking, and delivery routing. Approximately 250,000 square feet of temperature-controlled space.
• Specialized Logistics Advisory Services Provided in partnership with Zero Waste Logistics, offering transportation advisory management services, freight-spend analysis, modeling, and bottom-line savings implementation that acts as an extension of the customer's transportation department.

Quantifiable outcome

• Reduce customer overhead, liability, and costs while eliminating recruiting and maintenance issues
• +1 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature10 records

Partnerships

One partnership is on record.

• Zero Waste LogisticscoreStrategic or Co-development PartnerNu-Way partners with Zero Waste Logistics to provide customers with transportation services, advisory management services, and support. The professionals at Zero Waste Logistics specialize in finding inefficiencies in freight spend and implementing bottom-line savings. They act as an extension of the customer's transportation department providing staff to support purchasing, design, and implementation of efficient transportation. Transportation support services include modeling and comprehensive logistics advisory.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hub Group: Asset-light logistics provider with dedicated trucking and warehousing capabilities. Comparable service mix and enterprise/mid-market customer focus.
• Maverick Transportation: Privately-held dedicated and flatbed trucking services provider. Comparable dedicated contract carriage, hazmat/specialized operations, and similar mid-market positioning.
• Heartland Express: Mid-market irregular route and dedicated truckload carrier with comparable fleet size and asset-based operating model.
• Transervice Logistics: Dedicated contract carriage and integrated logistics provider with comparable dedicated fleet, driver-dedicated model, and supply chain services focus.
• NFI Industries: Privately-held dedicated trucking, warehousing, and integrated logistics provider with comparable mid-market positioning, dedicated carriage model, and value-added distribution services.
• Werner Enterprises: Large publicly-traded dedicated and one-way truckload carrier in the U.S. Directly comparable on dedicated contract carriage, fleet technology (ELDs, telematics), and enterprise customer focus, though at meaningfully larger scale.

Broad incumbents

• Schneider National: Top-tier U.S. carrier offering dedicated, intermodal, and logistics services. Overlaps with Nu-Way on dedicated carriage and integrated logistics support, but competes from a national, multi-mode platform.
• Ryder System: Major fleet management, dedicated transportation, and supply chain solutions provider with dedicated contract carriage and warehousing capabilities directly comparable to Nu-Way's core offerings.
• Knight-Swift Transportation: Largest U.S. truckload carrier with dedicated, refrigerated, and logistics offerings. Comparable on dedicated and refrigerated capabilities, but at substantially greater scale.
• Penske Logistics: Dedicated contract carriage, warehousing, and integrated logistics provider. Comparable on dedicated contract structure, fleet customization, and enterprise customer target.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/nuwaytransportation
• LinkedInlinkedin.com/company/nu-way-transportation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 Nu-Way