Triple-T Truck Centers

What Triple-T Truck Centers does

Triple-T Truck Centers is a multi-brand, full-service commercial truck dealership founded in 1967 and headquartered in Wilmington, North Carolina, operating as part of the broader Velocity Vehicle Group dealership network. The source data does not contain company-specific information about Triple-T; the operative entity described is Velocity Truck Centers, which encompasses 75+ dealership locations across 7 US states (Alabama, Arizona, California, Nevada, Kentucky, North Carolina, South Carolina, Tennessee), supported by approximately 2,500 employees network-wide. The company's website (wemeanfreightlinertrucks.com) and the Wilmington, NC location linked to operational records indicate a Freightliner-aligned dealership identity within the Velocity Vehicle Group umbrella.

The core product portfolio spans the full commercial truck lifecycle: new and used truck sales, parts distribution, full-service maintenance and repair, collision centers, trailer repair, and truck rental and leasing through the Velocity Truck Rental & Leasing subsidiary. Complementary service lines include fire apparatus (VTC Fire), school buses (BusWest), RVs and haulers (SporttruckRV), and trailers (SoCal Great Dane). The network has expanded into adjacent product categories including the SelecTrucks certified pre-owned program, Velocity Trailer Centers (Vanguard trailers in the Southeast), and a commercial EV division (VVG Electric) backed by partnerships with Terawatt for charging infrastructure and Greenlane for the 'Charge On Us' program.

The revenue model is diversified across one-time capital sales (new and used trucks), transactional recurring revenue (parts and service), and longer-duration recurring revenue (rental and leasing). Pricing is quote-based and not publicly disclosed. The customer base is segmented horizontally across commercial trucking use cases — long-haul, daycab, fleet operations, owner-operators, refrigerated transport, and commercial delivery — with financing facilitated through Crossroads Equipment Lease & Finance, VelocitySBA, and CA Fleet Solutions. Enterprise sales are conducted through physical dealership locations, with FedEx disclosed as a named enterprise customer. Strategic positioning emphasizes a single-vendor 'truck solution' across the entire ownership lifecycle within a broad geographic footprint.

Name

Triple-T Truck Centers

Legal name

Velocity Truck Centers

Website

https://wemeanfreightlinertrucks.com

Company type

Private

Founded year

1967

Operating status

Operating

Short description

Triple-T Truck Centers is a multi-brand, full-service commercial truck dealership founded in 1967 in Wilmington, NC, operating within the Velocity Vehicle Group network. The company sells new and used trucks, parts, service, collision repair, trailer repair, rental, and leasing to commercial trucking operators across multiple US states.

Ownership category

akta.pro rank

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices35 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. New Truck Sales: Sales of new commercial trucks across multiple brands for various trucking vocations
2. Used Truck Sales: Sales of pre-owned trucks from existing inventory
3. Parts Sales: Aftermarket parts and components for truck maintenance and repair
4. Service and Repair: Truck service, maintenance, and repair including collision centers and trailer repair
5. Truck Rental and Leasing: Short-term truck rentals and long-term leasing through Velocity Truck Rental & Leasing subsidiary

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Triple-T Truck Centers (operating as Velocity Truck Centers) is a multi-brand, full-service commercial truck dealership network selling new and used commercial trucks, OEM and aftermarket parts, and providing maintenance, repair, collision, and trailer services. It also offers truck rental and leasing through a dedicated subsidiary, fleet financing via third-party partners, and specialty vehicle sales including electric, fire apparatus, school buses, and RVs across 75+ locations in 7 US states.

Product overview

Velocity Truck Centers operates a comprehensive commercial truck dealership platform with a multi-location network across 7 states with 75+ locations. The core product portfolio consists of new and used truck sales, truck rental and leasing services, parts distribution, and full-service maintenance including collision repair and trailer services. The company has expanded into electric vehicles through its VVG Electric division and recently launched Velocity Trailer Centers as a new sub-brand for trailer sales. Additional specialized offerings include fire apparatus, school buses, RVs, and the SelecTrucks certified pre-owned truck program. Finance solutions are provided through third-party partners including CrossRoads Equipment Lease & Finance, VelocitySBA, and CA Fleet Solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Velocity Trailer Centers: Trailer division expansion offering Vanguard trailers across Southeast U.S.

Products and services

• New Trucks

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, minor and strategic.

• Velocity Vehicle GroupcoreOthersParent company of Velocity Truck Centers. Velocity Vehicle Group encompasses multiple truck-related businesses including Velocity Truck Centers, TransWest Truck Center, Velocity Truck & Trailer, SelecTrucks franchise locations, Velocity Truck Rental & Leasing, and international operations in Australia and Mexico.
• Velocity Truck Rental & LeasingcoreChannel Partner/ Reseller/ DistributorSubsidiary company providing truck rental, leasing, and maintenance services. Recommended when a customer's shipment is stuck in a container while their truck is being repaired.
• TransWest Truck CenterminorOthersRelated entity under Velocity Vehicle Group umbrella serving trucking industry needs
• Velocity Truck & TrailerminorOthersRelated entity under Velocity Vehicle Group umbrella
• SelecTrucks of L.A.minorChannel Partner/ Reseller/ DistributorFranchise location selling used trucks, part of Velocity Vehicle Group network
• SelecTrucks of PhoenixminorChannel Partner/ Reseller/ DistributorFranchise location selling used trucks, part of Velocity Vehicle Group network
• SelecTrucks of GreensborominorChannel Partner/ Reseller/ DistributorFranchise location selling used trucks, part of Velocity Vehicle Group network
• SelecTrucks of HickoryminorChannel Partner/ Reseller/ DistributorFranchise location selling used trucks, part of Velocity Vehicle Group network
• TerawattstrategicStrategic or Co-development PartnerElectric vehicle charging infrastructure partner. Velocity Vehicle Group announced EV charging partnership with Terawatt to support commercial electric vehicle operations.
• GreenlanestrategicGTM or Marketing PartnerVelocity Truck Centers became first dealer to join Greenlane's 'Charge On Us' program, supporting commercial EV adoption and providing charging infrastructure for electric commercial vehicles
• VTC FireminorOthersFire apparatus and equipment sales under Velocity Vehicle Group
• BuswestminorOthersSchool bus sales partner under Velocity Vehicle Group
• SporttruckRVminorOthersRV, trailer, and hauler sales partner under Velocity Vehicle Group
• SoCal Great DaneminorOthersTrailer sales partner providing trailers for commercial trucking customers

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Rush Enterprises: Publicly traded (NASDAQ: RUSHA/RUSHB) largest US commercial truck dealership network with 150+ locations across the US and Canada. Sells new and used trucks, parts, and provides service for Peterbilt, International, and other OEMs, and operates Rush Truck Leasing. Directly comparable business model, scale, and customer base to Velocity Truck Centers.
• Velocity Truck & Trailer: Sister company under Velocity Vehicle Group, selling new and used trucks, parts, and service. Operates as a separately branded dealership network alongside Velocity Truck Centers under the same parent. Overlapping product offerings and customer base within the corporate family.
• Premier Truck Group: One of the largest private commercial truck dealership groups in the US, operating Freightliner, Western Star, and other OEM franchises across multiple states. Operates full-service dealerships with new/used truck sales, parts, service, and leasing. Direct competitor for Freightliner franchise allocation and fleet wins in overlapping geographies.
• TransWest Truck Center: Sister company under Velocity Vehicle Group, operating commercial truck dealerships serving Western US markets. Provides full-service truck sales, parts, and service. Comparable operating model and OEM partnerships to Velocity Truck Centers within the same parent conglomerate.

Broad incumbents

• Daimler Truck North America: Manufacturer of Freightliner and Western Star commercial trucks, the principal OEM for Velocity Truck Centers' new truck business. Part of the broader Daimler Truck AG global organization. Sits upstream in the value chain as the supplier of inventory Velocity retails, but also a strategic dependency and potential disintermediation risk for the dealership model.
• PACCAR: Major global commercial truck manufacturer producing Kenworth and Peterbilt brands that compete with Freightliner in dealer showrooms. Represents both a competing OEM whose trucks displace Freightliner allocation, and a potential business partner if Velocity expands multi-brand representation. Broad incumbent in the same commercial truck value chain.

Regional players

• Velocity Truck Centres Australia: Sister company under Velocity Vehicle Group operating commercial truck dealerships in Australia. Demonstrates the parent's capability to replicate its full-service dealership model across geographies. Operates a comparable business model (sales, parts, service) in a different region.
• Velocity Mexico: Sister company under Velocity Vehicle Group operating commercial truck dealerships in Mexico. Operates the same full-service dealership playbook as Velocity Truck Centers, including parts, service, and new truck sales, in the Mexican market with cross-border fleet customer overlap.

Others

• Velocity Truck Rental & Leasing: Subsidiary of Velocity Truck Centers providing short-term truck rentals and long-term commercial truck leasing. Functions as a captive rental/leasing channel that complements the new and used truck sales operation, often deployed when a customer's truck is in for repair. Adjacent business line within the parent group.

Emerging players

• SelecTrucks: Freightliner-affiliated franchise program for certified pre-owned commercial truck sales, with multiple locations (Los Angeles, Phoenix, Greensboro, Hickory) operating as Velocity Vehicle Group entities. Focused exclusively on the used-truck niche within Velocity's broader network, comparable to a segment-specialist peer rather than full-service dealer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TripleTTrucks
• Xx.com/wemeantrucks
• LinkedInlinkedin.com/company/triple-t-truck-centers

Revenue estimate

Valuation estimate

Number of profiles

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 Triple-T Truck Centers