TranSource Truck & Equipment
TranSource Truck & Equipment is a family-owned heavy truck and construction equipment dealership group operating 11 locations across South Dakota, North Dakota, Montana, Wyoming, and North Carolina. It serves contractors, fleet managers, and construction firms as an authorized Mack Trucks and Volvo Construction Equipment dealer, with parts, service, leasing, and financing.
- Company typePrivate
- Founded2017
- HeadquartersSioux Falls, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What TranSource Truck & Equipment does
TranSource Truck & Equipment is a private, family-owned heavy truck and construction equipment dealership group headquartered in South Dakota. Founded in November 2017 through the asset purchase of Sheehan Mack Sales & Equipment, the company has grown from three initial South Dakota locations to 11 dealership sites across South Dakota, North Dakota, Montana, Wyoming, and North Carolina. TranSource serves contractors, fleet managers, and construction companies requiring commercial trucks, construction equipment, and related parts and service support in the Upper Midwest and adjacent markets.
The company's core offering is built around exclusive OEM franchise authorizations: it is the exclusive Mack Trucks dealer in South Dakota and the exclusive Volvo Construction Equipment dealer in North and South Dakota, with Volvo Trucks also represented. The product portfolio extends well beyond these primary franchises to include more than a dozen complementary equipment brands — Bomag compaction, Carlson paving, Etnyre transportation equipment, JET trailers, Vac-Con sewer cleaners, Merlo telehandlers, Larue snowblowers, Hino medium-duty trucks, ASTEC mobile screens, and others — enabling TranSource to act as a one-stop provider for fleet and job-site requirements. Underlying technology is a conventional dealer management and distribution platform, with a website supporting inventory browsing, quote requests, parts ordering, trade-in valuation, and service scheduling.
TranSource generates revenue across five streams: new and pre-owned truck/equipment sales (unit pricing approximately $128k–$210k for new heavy trucks), parts distribution (including Cummins and Allison OEM parts), service and repair (factory-authorized Cummins and Allison work), equipment leasing and rental, and customer financing. The go-to-market is enterprise field sales executed through physical dealerships, complemented by phone and digital channels. The company acquired Ascendum Machinery assets in June 2025, expanding territory and reinforcing an active inorganic growth posture consistent with its multi-year location build-out strategy.
TranSource Truck & Equipment firmographics
Firmographics- Name
- TranSource Truck & Equipment
- Legal name
- TranSource Truck & Equipment
- Website
- https://transourceusa.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- TranSource Truck & Equipment is a family-owned heavy truck and construction equipment dealership group operating 11 locations across South Dakota, North Dakota, Montana, Wyoming, and North Carolina. It serves contractors, fleet managers, and construction firms as an authorized Mack Trucks and Volvo Construction Equipment dealer, with parts, service, leasing, and financing.
- Ownership category
- akta.pro rank
TranSource Truck & Equipment industry classification
Industry- Product category
- Commercial Truck and Construction Equipment Dealership
- SIC
- Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Heavy-Duty Commercial Truck Leasing & Rental (Class 7–8 Tractors & Straight Trucks) (TLABABAC)
Keywords
Where TranSource Truck & Equipment is headquartered
LocationHeadquarters
- HQ city
- Sioux Falls
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
TranSource Truck & Equipment business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- New and Pre-owned Truck Sales: Sales of new and pre-owned heavy trucks including Mack Trucks models (Pinnacle, Pioneer, Granite, Anthem, LR, MD Series) and commercial vehicles
- Construction Equipment Sales: Sales of Volvo Construction Equipment and other equipment brands including trailers, snow removal products, and attachments
- Parts Sales: Genuine parts department offering Cummins engine parts, Allison genuine parts, and parts for all equipment brands
- Service and Repair: Service department providing Cummins engine repairs, Allison authorized service, and general truck/equipment repair
- Leasing and Rental: Equipment leasing and rental services for commercial trucks and construction equipment
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | New heavy trucks from major manufacturers (Mack, Volvo) |
| Other | Monthly | Technician/Mechanic compensation |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
TranSource Truck & Equipment product offering
Product offeringCore offering
TranSource Truck & Equipment is a family-owned heavy truck and construction equipment dealership serving the Upper Midwest and North Carolina. It operates as the exclusive Mack Trucks dealer in South Dakota and the exclusive Volvo Construction Equipment dealer in North and South Dakota, selling new and pre-owned trucks and equipment, OEM parts, factory-authorized service, and rental/leasing and financing solutions.
Product overview
TranSource Truck & Equipment operates as a heavy truck and construction equipment dealership network across the Upper Midwest. The core product portfolio centers on two exclusive dealer franchises—Mack Trucks (exclusive in South Dakota) and Volvo Construction Equipment (exclusive in North and South Dakota)—supplemented by Volvo Trucks. Beyond these primary truck and equipment lines, the company offers an extensive ecosystem of complementary equipment brands including JET Trailers, Bomag, Etnyre, Carlson, Broce Broom, Vac-Con, Serco, Midland, ASTEC, Merlo, Larue, Bergmann, and Hino. Services include parts distribution (with Cummins and Allison specialization), factory-authorized service and repairs, rental/leasing programs, and financing solutions. The portfolio functions as a one-stop solution for commercial trucking and construction equipment needs in the Upper Midwest region.
Differentiator
Problem solved
Functional benefit
Companies that use TranSource Truck & Equipment
Customer profileSegments2 records
Ideal customer profiles2 records
TranSource Truck & Equipment technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TranSource Truck & Equipment partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Ascendum MachineryminorTranSource expanded its territory through acquisition of Ascendum Machinery assets in June 2025, as reported in equipment finance news covering M&A transactions in the equipment finance and commercial vehicle sectors.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
TranSource Truck & Equipment competitors and assessment
Company assessmentBroad incumbents
- United Rentals: Largest U.S. equipment rental company with extensive fleet of aerial, earthmoving, and specialty equipment. Overlaps with TranSource's rental/leasing stream and serves similar contractor and industrial customers, though at much greater scale and without the OEM exclusive dealership model.
- Sunbelt Rentals: Major North American equipment rental company with a broad fleet serving construction and industrial customers. Comparable in the rental/leasing revenue stream that TranSource runs alongside its dealership operations.
- H&E Equipment Services: Public heavy equipment distributor and rental provider offering new/used sales, parts, service, and rental across more than 80 U.S. locations. Comparable in equipment categories and customer segments, though substantially larger and broader than TranSource's regional footprint.
Direct peers
- RDO Equipment Co. Large multi-brand construction equipment and agricultural equipment dealer operating across the Upper Midwest, Southwest, and Northern Plains — directly comparable to TranSource in product mix (heavy equipment, parts, service, technology), customer segments, and exclusive OEM franchise model.
- Cleveland Brothers: Exclusive Caterpillar dealer across Pennsylvania, northern West Virginia, and western New York with a similar mix of heavy equipment sales, rental, parts, and authorized service — comparable as an exclusive-franchise multi-location equipment dealer.
- Yancey Bros: Exclusive Caterpillar dealer in Georgia and Alabama operating multiple locations with full sales, rental, parts, and service operations — analogous as a multi-location exclusive-franchise heavy equipment dealer serving contractors and industrial customers.
- Foley Equipment: Exclusive Caterpillar dealer across Kansas, Missouri, and Oklahoma providing heavy equipment sales, rental, parts, and service — a directly comparable exclusive-franchise heavy equipment dealer with a comparable mix of new unit sales and aftermarket services.
- Papé Group: Family-owned heavy equipment, truck, and material handling dealer active across the Western U.S. Closely comparable as a multi-brand, multi-location dealer offering equipment sales, parts, service, and rental with similar customer base of contractors and fleet operators.
- Ascendum Machinery: Volvo Construction Equipment dealer in North America that sold assets to TranSource in June 2025. Materially comparable as a Volvo CE authorized dealer providing equipment, parts, and service to construction customers in geographies where TranSource now operates.
Regional players
- MacAllister Machinery: Exclusive Caterpillar dealer serving Indiana, Michigan, and parts of Kentucky with heavy equipment, power systems, and material handling sales plus service and rental — closely comparable dealership model in a different geography than TranSource's Upper Midwest base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
TranSource Truck & Equipment social profiles
Digital presenceTranSource Truck & Equipment financial estimates
Financial estimateRevenue estimate
Valuation estimate
TranSource Truck & Equipment leadership team
Management profileNumber of profiles
TranSource Truck & Equipment funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TranSource Truck & Equipment 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 TranSource Truck & Equipment
What does TranSource Truck & Equipment do?
TranSource Truck & Equipment is a family-owned heavy truck and construction equipment dealership serving the Upper Midwest and North Carolina. It operates as the exclusive Mack Trucks dealer in South Dakota and the exclusive Volvo Construction Equipment dealer in North and South Dakota, selling new and pre-owned trucks and equipment, OEM parts, factory-authorized service, and rental/leasing and financing solutions.
Is TranSource Truck & Equipment a public or private company?
TranSource Truck & Equipment is a private company. It is classified as family owned and is currently operating.
When was TranSource Truck & Equipment founded?
TranSource Truck & Equipment was founded in 2017. It employs 51 to 100 people.
Where is TranSource Truck & Equipment based?
TranSource Truck & Equipment is headquartered in Sioux Falls, United States, in the North America region.
How does TranSource Truck & Equipment make money?
Five revenue lines are on record. New and Pre-owned Truck Sales are the primary driver. The others are construction Equipment Sales, parts Sales, service and Repair and leasing and Rental.
Who are TranSource Truck & Equipment's main competitors?
Broad incumbents on record are United Rentals, Sunbelt Rentals and H&E Equipment Services. Direct peers are RDO Equipment Co., Cleveland Brothers, Yancey Bros, Foley Equipment, Papé Group and Ascendum Machinery. MacAllister Machinery is listed as a regional player.
Does TranSource Truck & Equipment have an API?
No public API is recorded for TranSource Truck & Equipment.
What industry is TranSource Truck & Equipment in?
TranSource Truck & Equipment's product category is Commercial Truck and Construction Equipment Dealership. Its primary akta.pro industry code is TLABABAC, Heavy-Duty Commercial Truck Leasing & Rental (Class 7–8 Tractors & Straight Trucks). Its SIC code is 5082.