New Waverly Transportation

What New Waverly Transportation does

New Waverly Transportation (NWT) is a U.S. flatbed trucking carrier and a wholly owned trucking subsidiary of LP (LP Corporate), headquartered in Nashville, Tennessee. NWT operates exclusively on a 100% owner-operator model — it does not own any trucks itself; instead, independent CDL drivers contract with NWT, provide their own equipment, and earn 88% of gross revenue while NWT retains a 12% take. The carrier is anchored by a dedicated, year-round freight relationship with a leading building materials manufacturer, supplemented by commodity hauls (steel, iron, pipe) and a regional Chip Van fleet based in Southeast Texas that transports wood by-products such as chips, bark, shavings, and fuel. All recruiting, onboarding, and dispatch flow through the company website and a DriverApponline portal.

NWT's service offering is a single core product: full-truckload freight transportation, primarily flatbed, with regional operations concentrated in the Southeast United States. The technology stack is operational rather than differentiated — Rand McNally onboard electronic logs for DOT compliance, onboard mobile communications, an ACH settlement system with online weekly settlement viewing, and the Comdata Driven mobile app for fuel discounts. NWT handles fuel-tax filing and passes 100% of fuel surcharges through to the truck. Recurring benefits to owner-operators include consistent freight, no forced dispatch, a yearly safety bonus, and recognition programs such as the Million Mile Safe Driver Award and Safe Driver Awards (approximately 90% of drivers qualify).

NWT's commercial position rests on three pillars: (1) a stable dedicated anchor customer in building materials, (2) a documented safety culture evidenced by four consecutive Great West Casualty Platinum Highway Safety Awards (2021–2024) and successful FMCSA on-site audits, and (3) an asset-light cost structure that converts driver retention into predictable freight capacity. Revenue is generated transactionally on a per-load basis with weekly settlement; pricing is not publicly disclosed. The company is privately held, operates with 1–10 corporate employees, and maintains field offices alongside its Nashville headquarters and Safety and Compliance office.

Name

New Waverly Transportation

Legal name

New Waverly Transportation

Website

https://newwaverlytransportation.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

1–10 employees

Short description

New Waverly Transportation is a Nashville-based, asset-light flatbed trucking carrier that operates entirely on an owner-operator model, hauling building materials, steel, iron, pipe, and wood by-products for shippers primarily in the Southeast U.S. as a trucking subsidiary of LP Corporate.

Ownership category

akta.pro rank

Product category

Flatbed Truckload Freight Transportation

NAICS

Specialized Freight Trucking (4842)

SIC

Trucking (No Local) (4213)

akta.pro primary industry

Flatbed & Open-Deck TL Carriers (TLADADAC)

Keywords

• Flatbed trucking services
• Owner-operator freight
• Building materials transport
• Truckload carrier services
• Regional freight hauling

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Owner-Operator Revenue Share: NWT operates as a 100% owner-operator company where drivers earn 88% of gross revenue. The company provides consistent freight, handles fuel taxes filing, and pays 100% fuel surcharge to the truck. No company trucks compete for freight.
2. Freight Transportation Services: Year-round freight operations primarily dedicated to building materials, with additional commodities including steel, iron, pipe, and regional Chip Van fleet for chips, bark, shavings, and fuel out of Southeast Texas.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

New Waverly Transportation is a 100% owner-operator flatbed trucking carrier that provides full truckload freight transportation services primarily dedicated to building materials, with additional commodity capacity for steel, iron, and pipe. The company also operates a regional Chip Van fleet out of Southeast Texas handling wood by-products (chips, bark, shavings) and fuel. Owner-operators are contracted on a revenue-share basis (88% of gross to the driver) and are supplied with fuel-tax administration, ACH settlement, and electronic logging tools.

Product overview

New Waverly Transportation is a freight trucking carrier offering full truckload transportation services primarily dedicated to building materials, with additional hauling of steel, iron, and pipe. The company also operates a regional Chip Van fleet out of Southeast Texas for wood by-products. Owner-operators join the fleet under a revenue-share model (88% of gross revenue), with support services including ACH settlement deposits, fuel discount programs (via Comdata Driven), onboard mobile communication, Rand McNally e-logs, and safety bonuses. The business model is structured exclusively for owner-operators — no company trucks compete for freight.

Differentiator

Problem solved

Functional benefit

Products and services

• Flatbed Full Truckload Freight Transportation Services
• Regional Chip Van By-Products Transportation

Quantifiable outcome

• 10 million miles driven in 2024 without a preventable DOT reportable accident
• +4 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ComdatacoreTechnology or IntegrationFuel discount program available through the Comdata Driven app on mobile devices (Apple and Android). Drivers can save money at the pump with the Fuel Discount Program.
• Women in TruckingminorOthersNWT is a proud member of Women in Trucking, an organization focused on encouraging the employment of women in the trucking industry.
• Truckers Against TraffickingminorOthersNWT is a proud Copper Sponsor of Truckers Against Trafficking, an organization dedicated to fighting human trafficking through the trucking industry.
• Tennessee Trucking AssociationminorOthersNWT is a member of the Tennessee Trucking Association, the trade association representing the trucking industry in Tennessee.
• SmartWayminorOthersNWT is a SmartWay member, EPA's program focused on improving fuel efficiency and reducing environmental impact in freight transportation.
• Rand McNallycoreTechnology or IntegrationNWT provides Rand McNally Onboard E-logs for driver compliance with electronic logging requirements.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Anderson Trucking Service (ATS): ATS is a privately held flatbed and specialized carrier hauling building products, steel, and heavy-haul freight — directly comparable commodity mix to NWT.
• Ace Doran Hauling & Rigging: Ace Doran is a flatbed carrier with an owner-operator-friendly structure serving building materials, steel, and industrial customers — overlapping with NWT's commodity set.
• Landstar System: Landstar operates a non-asset, 100% business capacity owner-operator (BCO) flatbed and specialized freight model — the closest structural analog to NWT's owner-operator flatbed approach, although at substantially larger scale.
• TMC Transportation: TMC is a flatbed carrier with a strong owner-operator recruitment focus and safety awards program, operating on a model very similar to NWT's 88% revenue share and flatbed-hauled building materials/industrial freight.
• Bennett Motor Express: Bennett is a privately held flatbed and specialized heavy-haul carrier with comparable mix of building materials, steel, and industrial freight, often serving as a direct competitor for similar shipper relationships.
• Maverick Transportation: Maverick is a flatbed carrier with an owner-operator-friendly model and safety award pedigree, hauling building products and industrial commodities analogous to NWT's mix.
• Melton Truck Lines: Melton is a flatbed carrier known for driver-friendly economics and a strong safety record, competing for similar flatbed building materials and steel freight as NWT.

Broad incumbents

• Werner Enterprises: Werner is a large publicly traded TL carrier with a dedicated flatbed division; broader in scale and service mix, but overlaps with NWT in dedicated building-materials and flatbed freight.
• Schneider National: Schneider is a major asset-based TL/intermodal carrier with a substantial flatbed segment hauling building materials and industrial freight at significantly larger scale than NWT.
• Daseke: Daseke is a flatbed and specialized transportation roll-up with operations spanning building products, steel, and heavy-haul — competing with NWT in the same dedicated building materials and steel flatbed segments, though at much larger consolidated scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/new_waverly
• Facebookfacebook.com/newwaverlytransportation
• LinkedInlinkedin.com/company/new-waverly-transportation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 New Waverly Transportation