HMD Trucking

What HMD Trucking does

HMD Trucking is a privately held, family-owned freight transportation company founded in 1998 in Chicago, Illinois, now headquartered in Chicago Ridge with a secondary office in Gary, Indiana. The company operates a fleet of 500+ modern semi-trucks — approximately 90% Peterbilt 579s supplemented by Peterbilt 567, Freightliner Cascadia, and International models from the 2023-2027 model years — configured with automatic transmissions, 70 mph governors, diesel APUs, and driver-amenity sleeper cabins. HMD provides over-the-road, regional, and local dry van, flatbed (including 2024-model 48ft spread-axle trailers), hazmat, and doubles freight services across the contiguous United States and internationally. Operations are supported by an in-house repair facility, skilled mechanics, and a stocked parts inventory that the company cites as a reliability differentiator.

HMD Trucking sits at the core of HMD Enterprises, a family-controlled conglomerate that has grown to encompass HMD LLC (flatbed-focused trucking), Benefit Trucking (Chicago metro and Midwest regional), HMD Transport (freight brokerage with thousands of partner carriers), HMD Financial (freight invoice factoring for owner-operators and small carriers), HMD Services (logistics and admin staffing), HMD Motorsports (an IndyNXT/IndyCar racing team), and HMD Bar and Grill (a Chicago-based restaurant opened in 2022). The company employs 101-250 corporate staff and serves a dual customer base: CDL Class A drivers (recruited as company drivers, owner-operators, and lease-purchase operators across OTR, regional, team, and hazmat/doubles lanes) and shippers ranging from large enterprises such as FedEx and NFI to mid-market shippers accessed via HMD Transport's brokerage arm.

Revenue is generated on a per-mile or per-load transaction basis for transportation, commission/spread on brokered freight, and factoring fees on invoices advanced through HMD Financial. Driver compensation is structured in cents-per-mile bands (65-84 CPM) plus sign-on bonuses up to $10,000 and additional incentives for clean inspections, referrals, and detention. Distribution is sales-led and direct, anchored by dedicated recruiting phone lines, a job-listing website covering 50+ US cities, a 10,000+ driver email newsletter, and direct enterprise relationships reinforced by recurring awards from NFI, Coyote, RXO, FourKites, Project44, CarrierSource, and FedEx. The company has no disclosed institutional funding, no public listing, and remains under family ownership.

Name

HMD Trucking

Legal name

HMD Trucking Inc.

Website

https://hmdtrucking.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

HMD Trucking, founded in 1998 and headquartered in Chicago Ridge, Illinois, operates 500+ modern semi-trucks providing dry van, flatbed, hazmat, and doubles freight services across the contiguous United States, supported by brokerage and factoring subsidiaries within the HMD Enterprises family.

Ownership category

akta.pro rank

Product category

Trucking & Freight Transportation Services

NAICS

General Freight Trucking, Long-Distance, Truckload (484121), Specialized Freight (except Used Goods) Trucking, Long-Distance (484230), Freight Transportation Arrangement (48851), General Freight Trucking (4841)

SIC

Trucking (No Local) (4213), Trucking & Courier Services (No Air) (4210), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Dry Van (General Freight) TL Carriers (TLADADAA)

Keywords

• Freight transportation services
• Dry van trucking
• Flatbed trucking
• Freight brokerage
• Freight factoring

Headquarters

HQ city

Chicago Ridge

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Freight Transportation Services: Core revenue from providing over-the-road trucking services including dry van, flatbed, hazmat, and doubles hauling across the contiguous United States. Company-operated fleet with company drivers and owner-operators generating revenue per mile or per load.
2. Freight Brokerage (HMD Transport): Freight brokerage services connecting shippers with carriers through a network of thousands of partner carriers. Revenue from brokering freight loads.
3. Freight Factoring (HMD Financial): Freight invoice factoring services for owner-operators and trucking businesses to address cash flow gaps. Revenue from factoring fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

HMD Trucking provides over-the-road, regional, and local freight transportation across the contiguous United States using a company-operated fleet of 500+ modern semi-trucks, offering dry van, flatbed, hazmat, and doubles hauling services. The company complements this core carriage with freight brokerage (HMD Transport) connecting shippers to thousands of partner carriers, and freight invoice factoring (HMD Financial) for owner-operators and small carriers to address cash-flow gaps.

Product overview

HMD Trucking operates as a freight transportation company offering a comprehensive suite of trucking services. The core offering is HMD Trucking (dry van, flatbed, hazmat, and doubles transportation services) backed by a fleet of 500+ modern semi-trucks. Supporting the core trucking operations are affiliated brands: HMD Transport (freight brokerage), HMD Financial (freight factoring), HMD LLC (flatbed-focused subsidiary), and Benefit Trucking (Chicago metro regional trucking). The company offers various driver positions including company drivers (OTR and regional dry van, flatbed, hazmat, doubles) and owner operator/lease purchase programs. HMD Trucking was founded in 1998 and is headquartered in Chicago Ridge, Illinois.

Differentiator

Problem solved

Functional benefit

Brands

• HMD Transport: Freight brokerage company with thousands of partners across the US
• HMD Financial
• HMD LLC
• Benefit Trucking
• HMD Services
• HMD Motorsports
• HMD Bar and Grill

Products and services

• Dry Van Trucking Services Long-haul dry van transportation using 53ft trailers (model year 2017 or newer) for general freight delivery across OTR, regional, and local lanes in the contiguous United States. Serves shippers needing reliable general freight capacity.
• Flatbed Trucking Services Flatbed trucking service using 2024 48ft spread axle flatbeds for oversized or specialized cargo, shipping freight across the entire U.S. Serves shippers with oversized or specialized loads that cannot be containerized.
• Hazmat Trucking Services Transportation of hazardous materials with certified drivers and specialized equipment. Serves shippers requiring certified hazmat capacity.
• Doubles Trucking Services Double-trailer trucking service for increased load capacity. Serves shippers needing higher-volume freight transport in a single run.
• HMD Transport Freight Brokerage Freight brokerage connecting shippers with thousands of partner carriers across the U.S., offering intermodal, truckload, reefer, LTL, partial, and expedited shipping services. Serves shippers needing capacity beyond HMD's owned fleet and serves partner carriers seeking steady load volume.
• HMD Financial Freight Factoring Freight invoice factoring service for owner-operators and trucking businesses of all sizes, addressing cash-flow gaps with fuel programs and partnership options. Serves carriers and owner-operators needing accelerated payment on freight invoices.

Quantifiable outcome

• Driver satisfaction: 79% rate dispatch support as outstanding, 81% highlight simple hiring process, 87% value fleet maintenance reliability
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and strategic.

• HMD TransportcoreStrategic or Co-development PartnerFreight brokerage subsidiary of HMD Enterprises connecting shippers with thousands of carrier partners. Provides additional freight capacity and serves as partner carrier network for other trucking companies seeking load opportunities.
• HMD FinancialcoreStrategic or Co-development PartnerFreight invoice factoring service for owner-operators and trucking businesses. Addresses cash flow challenges by enabling quick payment on invoices.
• HMD LLCcoreStrategic or Co-development PartnerSubsidiary company focused on flatbed trucking services, shipping freight across the entire US. Part of HMD Enterprises umbrella.
• Benefit TruckingcoreStrategic or Co-development PartnerTrucking company operating in Chicago metro area and across the Midwest for over 21 years. Part of HMD Enterprises family of companies.
• FourKitesstrategicTechnology or IntegrationSupply chain visibility platform partnership. HMD recognized as FourKites Premier Carrier for H2 2025, indicating integration with their tracking and visibility technology.
• Project44strategicTechnology or IntegrationSupply chain visibility platform partnership. HMD recognized as Project44 Preferred Carrier, indicating integration with their tracking and visibility technology.
• Partner Carriers (Carrier Network)strategicChannel Partner/ Reseller/ DistributorThousands of independent trucking companies partner with HMD Transport to receive steady flow of load opportunities through the brokerage network.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Schneider National: Public large truckload and intermodal carrier offering dry van, flatbed, and dedicated services across North America. Closely comparable asset-based business model and service mix to HMD.
• Werner Enterprises: Public truckload carrier providing dedicated, one-way, and logistics services across North America. Similar OTR and regional model with comparable fleet scale to HMD.
• CRST International: Mid-size asset-based carrier operating flatbed, refrigerated, and dry van services. Closely comparable fleet size, service mix, and private-company profile.
• NFI Industries: Family-owned supply chain solutions provider with dedicated transportation, brokerage, and warehousing. Directly comparable customer (NFI awarded HMD Carrier of the Year) and integrated service model.
• Heartland Express: Public truckload carrier focused on long-haul dry van and expedited services. Comparable asset-based operations and driver-employment model at similar fleet scale.
• Covenant Logistics Group: Public truckload carrier offering dedicated, expedited, and managed transportation services. Compares on asset-based TL operations and similar customer-shipping mix to HMD.
• Roehl Transport: Privately held mid-size truckload carrier offering dry van, flatbed, and dedicated services with strong driver-training programs. Directly comparable scale, private status, and driver-recruitment focus.
• PAM Transport: Asset-based truckload carrier providing dry van, expedited, and brokerage services. Compares on similar mid-size fleet, diversified service offerings, and similar customer mix.

Broad incumbents

• Knight-Swift Transportation: One of the largest publicly traded truckload carriers in North America operating dry van, refrigerated, flatbed, and LTL. Comparable asset-based carrier model with substantially broader scale and capital markets access.

Emerging players

• Maverick Transportation: Asset-based carrier specializing in flatbed and heavy-haul services with strong driver-focused culture. Comparable fleet profile and flatbed specialization to HMD's flatbed division.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/hmdtruckinginc
• Facebookfacebook.com/hmdtruckingincorporated
• LinkedInlinkedin.com/company/hmd-trucking-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 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 HMD Trucking