Speed's Towing
Speed's Towing is a family-owned Portland, Oregon towing and roadside assistance company founded in 1958, serving eight metro cities plus Vancouver, WA with a 24/7 fleet of light-, medium-, and heavy-duty wreckers and a weekly auto auction.
- Company typePrivate
- Founded1958
- HeadquartersPortland, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Speed's Towing does
Speed's Towing is a privately held, family-owned towing and roadside assistance company founded in 1958 and headquartered at 14333 NE Whitaker Way, Portland, Oregon. The company operates 24/7 with a fleet of 10 light-duty wreckers engineered with fold-down light bars to access parking garages, plus medium-duty trucks on 26,000 GVW chassis and heavy-duty equipment for RVs and semis. Service coverage spans eight cities across the Portland metropolitan area — Portland, Gresham, Clackamas, Sherwood, Wilsonville, West Linn, Tualatin, and Tigard — plus Vancouver, Washington.
The core product is emergency and scheduled vehicle transport using wheel-lift, flatbed, and car carrier equipment, supplemented by roadside assistance (battery jump starts, lockouts, tire changes, compressed air), vehicle storage/impound, and vehicle consignments. A dedicated auto auction platform sells approximately 200 vehicles every Tuesday, sourcing from unclaimed police tows, customer consignments, and auto donations from roughly 20 local charities. The fleet employs 8-point tie-down systems and air-dump suspension to provide damage-free transport, including for specialty and collector vehicles via covered car carriers.
Revenue is generated almost entirely through per-transaction fees: tows starting at $250+ with variable distance/vehicle-type add-ons, individual roadside service charges, daily storage fees, and auction commissions. The go-to-market motion is direct-to-consumer via phone dispatch and a website optimized for organic local search, with secondary contracted volume from apartment complexes, gated communities, and police agencies. The company does not advertise on paid media and has no disclosed funding, M&A, or institutional ownership.
Speed's Towing firmographics
Firmographics- Name
- Speed's Towing
- Legal name
- Speed's Towing
- Website
- https://speedstowingpdx.com
- Company type
- Private
- Founded year
- 1958
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Speed's Towing is a family-owned Portland, Oregon towing and roadside assistance company founded in 1958, serving eight metro cities plus Vancouver, WA with a 24/7 fleet of light-, medium-, and heavy-duty wreckers and a weekly auto auction.
- Ownership category
- akta.pro rank
Speed's Towing industry classification
Industry- Product category
- Towing and Roadside Assistance Services
- NAICS
- Motor Vehicle Towing (48841)
- SIC
- Services-Automotive Repair, Services & Parking (7500), Trucking & Courier Services (No Air) (4210)
- akta.pro primary industry
- Accident Recovery, Winch-Out & Towing Services (Light/Heavy) (TLAKAFAH)
- akta.pro secondary industries
- Towing, Recovery & Vehicle Removal Services (TLAJAJAC), Towing, Impound & Vehicle Relocation Services (BPABAKAJ), Vehicle Pickup/Delivery & Concierge (Key Handling, Inspections, Condition Reports) (HSAKAFAL)
Keywords
Where Speed's Towing is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Speed's Towing business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Towing Services: Per-service towing charges based on vehicle type, distance, and service requirements. The company provides upfront pricing with no hidden fees. Revenue is transaction-based, generated from each individual tow service call.
- Roadside Assistance: Services including battery jump starts, lockout service, tire changes, and compressed air delivery. Charged as individual service transactions.
- Vehicle Consignments and Auto Auction: The company operates an auto auction selling approximately 200 vehicles every Tuesday, sourcing vehicles from unclaimed police tows, consignments, and auto donation programs from local charities. Takes commission on vehicle sales.
- Vehicle Storage: Impound and storage services for towed vehicles, generating revenue from daily storage fees until vehicle is retrieved.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard tow service starting at $250 or more |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Speed's Towing product offering
Product offeringCore offering
Speed's Towing provides 24/7 light-, medium-, and heavy-duty vehicle towing, roadside assistance (battery jump starts, lockouts, tire changes, compressed air), open and enclosed car carrier transport, and impound/vehicle storage services across the Portland metropolitan area. The company also operates a weekly auto auction selling approximately 200 vehicles every Tuesday, sourced from unclaimed police tows, consignments, and auto donation programs of local charities.
Product overview
Speed's Towing is a locally-owned towing company based in Portland, OR, offering a unified suite of vehicle transport and roadside assistance services. The core offering consists of towing services using three truck categories (light-duty, medium-duty, and heavy-duty) plus various truck types (wheel-lift, flatbed). Supplementary services include roadside assistance (battery jumps, lockout, tire changes), car carrier transport (open and covered/enclosed), auto auction, and vehicle consignments. The company operates 24/7 with a fleet of 10 light-duty wreckers and medium-duty trucks on 26,000 GVW chassis, serving Portland and surrounding communities including Gresham, Clackamas, Sherwood, Wilsonville, West Linn, Tualatin, and Tigard.
Differentiator
Problem solved
Functional benefit
Products and services
- Emergency Towing 24/7 emergency light-, medium-, and heavy-duty towing for breakdowns, accidents, and impounds in the Portland metropolitan area.
- Roadside Assistance On-site roadside services for individual vehicle owners, including battery jump starts, lockout service, tire changes, and compressed air delivery.
- Open Car Carrier Transport Open car carrier vehicle transport using an 8-point tie-down system that secures vehicles by their tires for damage-free transport.
- Covered/Enclosed Car Carrier Transport Enclosed vehicle transport service for specialty, collector, or bare-metal project cars using covered car carriers with air dump suspension to lower the load angle.
- Heavy-Duty Towing Heavy-duty towing service for large vehicles including RVs, semis, and oversized assets requiring specialized handling equipment.
- Auto Auction Weekly auto auction held every Tuesday, selling approximately 200 vehicles sourced from unclaimed police tows, consignments, and auto donation programs of about 20 local charities and non-profits.
- Vehicle Consignments Vehicle consignment service allowing customers to sell cars through the company's weekly Tuesday auction platform.
- Vehicle Storage and Impound Impound and storage services for towed vehicles at the Portland facility, generating daily storage fees until the vehicle is retrieved.
Quantifiable outcome
- Sell approximately 200 vehicles every Tuesday through auto auction
Companies that use Speed's Towing
Customer profileSegments1 record
Ideal customer profiles3 records
Speed's Towing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Speed's Towing partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
Speed's Towing competitors and assessment
Company assessmentDirect peers
- Tom Dwyer Automotive: Established Portland-metro automotive and towing service provider operating across similar light-duty, medium-duty, and roadside-assistance categories; directly comparable as a long-tenured local competitor sharing the same Portland metro catchment and 24/7 dispatch model.
- Rick's Towing (Portland): Independent Portland-metro towing and roadside-assistance provider offering light- and medium-duty tow, lockout, and jump-start services; comparable as a direct same-metro competitor to Speed's Towing.
Broad incumbents
- Coach-Net / Nation Motor Club: Roadside-assistance membership and dispatch network offering towing, lockout, and tire services to insurers, fleets, and consumer members; comparable as a broad incumbent managing policyholder/member dispatch flows that route to local towers like Speed's.
- Agero: Leading B2B roadside-assistance network provider managing dispatch, claims, and connected-vehicle services for insurers and OEMs; comparable as a broad incumbent shaping the same motor-club and insurance dispatch channels that ultimately route customers to local towers like Speed's.
- American Automobile Association (AAA): National membership organization with the largest U.S. roadside-assistance network and contracted tow operators in every metro including Portland; comparable as a broad incumbent whose preferred-vendor programs directly compete with, and sometimes route through, local towers such as Speed's Towing.
Emerging players
- Urgent.ly: Digital roadside assistance platform supplying on-demand towing, jump-start, and lockout services through enterprise contracts; comparable as an emerging player competing for the same driver-side transaction volume that Speed's captures via phone/SEO.
- HONK Technologies: Tech-enabled roadside-assistance platform aggregating tow and lockout demand via mobile app for insurers, fleets, and OEMs; comparable as an emerging player targeting the same transaction-based towing/roadside workload that Speed's serves via phone dispatch.
Regional players
- Beaverton Towing: Long-running light-duty towing and roadside-assistance operator serving the western Portland metro including Beaverton and Hillsboro; comparable as a regional player in the same shared geographic market as Speed's.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Speed's Towing social profiles
Digital presenceSpeed's Towing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Speed's Towing leadership team
Management profileNumber of profiles
Speed's Towing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Speed's Towing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Speed's Towing
What does Speed's Towing do?
Speed's Towing provides 24/7 light-, medium-, and heavy-duty vehicle towing, roadside assistance (battery jump starts, lockouts, tire changes, compressed air), open and enclosed car carrier transport, and impound/vehicle storage services across the Portland metropolitan area. The company also operates a weekly auto auction selling approximately 200 vehicles every Tuesday, sourced from unclaimed police tows, consignments, and auto donation programs of local charities.
Is Speed's Towing a public or private company?
Speed's Towing is a private company. It is classified as family owned and is currently operating.
When was Speed's Towing founded?
Speed's Towing was founded in 1958. It employs 101 to 250 people.
Where is Speed's Towing based?
Speed's Towing is headquartered in Portland, United States, in the North America region.
How does Speed's Towing make money?
Four revenue lines are on record. Towing Services are the primary driver. The others are roadside Assistance, vehicle Consignments and Auto Auction and vehicle Storage.
Who are Speed's Towing's main competitors?
Direct peers on record are Tom Dwyer Automotive and Rick's Towing (Portland). Broad incumbents are Coach-Net / Nation Motor Club, Agero and American Automobile Association (AAA). Emerging players are Urgent.ly and HONK Technologies. Beaverton Towing is listed as a regional player.
Does Speed's Towing have an API?
No public API is recorded for Speed's Towing.
What industry is Speed's Towing in?
Speed's Towing's product category is Towing and Roadside Assistance Services. Its primary akta.pro industry code is TLAKAFAH, Accident Recovery, Winch-Out & Towing Services (Light/Heavy), with a secondary code of TLAJAJAC, Towing, Recovery & Vehicle Removal Services. Its NAICS code is 48841 and its SIC code is 7500.