averitt

What averitt does

Averitt Express, Inc. is a privately held, asset-based freight transportation and logistics company founded in 1971 in Cookeville, Tennessee, operating 100+ service facilities primarily across the Southern U.S. under a unified brand called 'The Power of One.' The company delivers five integrated service lines: LTL (less-than-truckload), truckload, dedicated fleet, distribution and fulfillment, and integrated/global solutions including international forwarding, cross-border USMCA-certified services to Canada and Mexico, intermodal, port logistics, expedited, and a Puerto Rico operation. Revenue is generated through transaction-based fees on freight movement, managed-services contracts for dedicated fleet and warehousing, and brokerage spreads on third-party truckload capacity. Pricing is quote-based with no publicly listed rates, and customers access services through enterprise field sales, 24/7 inside sales (1-800-AVERITT), and self-service digital tools.

The technology stack is centered on Averitt Connect, a private-label multicarrier TMS that lets shippers shop LTL rates, book, and track shipments across multiple carriers in one portal, supported by ShipPlus (LTL booking and label printing), a warehouse management system connecting distribution centers, and AI-enabled capabilities within Connect and ExactRate for predictive rate quoting, natural-language tracking, invoice search, and quote-to-payment process automation. Customer segments span enterprise (Kicker, Virco, Spectra Gutter Systems), mid-market, and SMB shippers across manufacturing, building materials, audio equipment, and retail/e-commerce, with long-tenured relationships of 10–15+ years and named outcomes such as 75% reduction in LTL miles and 98% on-time LTL performance for specific accounts. The company has no disclosed parent, no venture or private equity backing, and no public revenue or headcount figures; ownership commentary indicates independent operation with a deep-bench service-line leadership structure reporting through a CEO not named in the source material.

Name

averitt

Legal name

Averitt Express, Inc.

Website

https://averittexpress.com

Company type

Private

Founded year

1971

Operating status

Operating

Short description

Averitt is a privately held, asset-based freight transportation and logistics company founded in 1971, offering LTL, truckload, dedicated, distribution, and integrated global solutions across 100+ North American facilities, primarily serving Southern U.S. enterprise and mid-market shippers.

Ownership category

akta.pro rank

Product category

Freight Transportation and Logistics

NAICS

Freight Transportation Arrangement (48851), Couriers and Express Delivery Services (492110), Couriers and Express Delivery Services (4921)

SIC

Trucking (No Local) (4213), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Less-Than-Truckload (LTL) / Groupage Forwarding (TLACACAB)

akta.pro secondary industries

Full Truckload (FTL) Forwarding (TLACACAA), Intermodal Drayage & Container Haulage (Asset-Based) (TLAIAMAC), Expedited LTL (Guaranteed/Time-Definite LTL) (TLADANAC)

Keywords

• Freight transportation services
• Less-than-truckload shipping
• Warehousing and fulfillment
• Supply chain logistics
• Truckload and dedicated

Headquarters

HQ city

Cookeville

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. LTL Services: Less-Than-Truckload shipping solutions providing end-to-end freight transportation with customized LTL, final mile, pool distribution, and full supply chain visibility.
2. Truckload Services: Full load transportation services delivered on Averitt's fleet of modern dry van equipment, including production and event logistics through On Tour Logistics.
3. Dedicated Fleet Services: Private-fleet performance solutions with dry van, flatbed, refrigerated and customized equipment where Averitt manages the fleet on behalf of the customer.
4. Distribution & Fulfillment: Warehousing, distribution, e-commerce fulfillment, and order management services through a network of distribution centers across the country.
5. International & Global Logistics: Ocean and air forwarding, cross-border services, customs clearance, port logistics, and international supply chain solutions to/from 100+ countries.
6. North America Truckload Brokerage: Brokerage services for truckload capacity across North America with vetted carrier network.
7. Intermodal Services: COFC and TOFC container intermodal services for cost-effective long-haul transportation.
8. Container Drayage: Port-to-plant and port-to-warehouse container transportation services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Averitt is a transportation and logistics provider offering less-than-truckload (LTL), truckload, dedicated fleet, distribution and fulfillment, and integrated global solutions under a unified "Power of One" approach. The company operates 100+ service facilities across the southern United States and delivers cross-border, international forwarding, intermodal, expedited, and e-commerce fulfillment services to shippers across North America and 100+ countries.

Product overview

Averitt is a transportation and logistics company offering a unified suite of services under 'The Power of One' approach. The portfolio includes five core service units: LTL (Less-Than-Truckload), Truckload, Dedicated Fleet, Distribution & Fulfillment, and Integrated & Global Solutions. These are supported by technology platforms including Averitt Connect (multicarrier TMS), ShipPlus (LTL booking tool), and various online shipping tools. The company also provides specialized services such as cross-border freight (USMCA-certified), international forwarding (NVOCC), Asia Express import solutions, intermodal transport, expedited shipping, Puerto Rico shipping, port logistics, warehousing with WMS technology, e-commerce fulfillment, pool distribution, and final-mile white glove delivery. All services are accessible through a single point of contact with unified tracking and billing.

Differentiator

Problem solved

Functional benefit

Products and services

• LTL Services End-to-end Less-Than-Truckload shipping solutions across North America, including locally customized LTL, final mile, pool distribution, and TMS technology for full supply chain visibility.
• Truckload Services Full load transportation services delivered on Averitt's fleet of modern dry van equipment, including production and event logistics through On Tour Logistics.
• Dedicated Services Private fleet solutions using dry van, flatbed, refrigerated, and customized equipment, allowing shippers to outsource fleet management while maintaining operational control.
• Distribution & Fulfillment Nationwide warehousing and distribution space for retail, e-commerce, and inventory management, connected by WMS technology with drayage, transload, and e-commerce fulfillment capabilities.
• Integrated & Global Solutions Comprehensive international forwarding through vetted partnerships for ground, ocean, and air services including customs clearance, port logistics, truckload brokerage, and Averitt Enterprise TMS.
• Averitt Connect Private-label multicarrier Transportation Management System (TMS) enabling shippers to shop LTL rates, book and track multicarrier shipments, and manage freight through one online portal without middleman involvement.
• Cross-Border Services Freight transportation between the U.S., Canada, and Mexico with USMCA certifications, customs brokerage, and 24/7 cross-border monitoring backed by select regional service providers.
• Ocean & Air Forwarding Fully licensed NVOCC forwarding services for FCL and LCL ocean shipments, plus airfreight services to/from over 100 countries, including LCL consolidation and project forwarding.
• Asia Express Complete import solution from Asia to the U.S. with weekly scheduled cargo sailings and flights, including LCL import service that saves up to 10 days transit compared to traditional services.
• Intermodal Services COFC (Container on Flat Car) and TOFC (Trailer on Flat Car) intermodal solutions providing competitive container movements, stronger dray control, and flexible drop or live-load options.
• Expedited Services Time-critical shipping solutions including expedited ground and air services for urgent deliveries and trade show logistics.
• Puerto Rico Shipping Ocean freight shipping to Puerto Rico with over 600,000 sq. ft. of on-island warehousing, 125+ daily delivery drivers, and island-wide pool distribution.
• Port Logistics Container drayage services to/from major sea ports, transloading, and portside handling at coastal and inland facilities.
• Warehousing Services Distribution center network with over 2,000,000 sq. ft. of cargo management space, including food-grade storage, heated facilities, and inventory management with WMS visibility.
• E-Commerce Fulfillment Order fulfillment and inventory management solutions for e-commerce operations with pick-and-pack, kitting, and SKU-level tracking.
• Final Mile & White Glove Delivery Residential and last-mile delivery services including white glove handling for delicate or high-value items.
• Pool Distribution Freight consolidation and regional distribution strategy allowing shippers to route larger volumes through central points before final delivery.
• Cross-Docking Services Warehouse services that transfer freight directly from inbound to outbound vehicles without long-term storage, reducing handling time.
• North America Truckload Brokerage Truckload brokerage services through vetted carrier partnerships across North America, with every carrier vetted and monitored to documented safety requirements.

Quantifiable outcome

• LTL miles reduced by up to 75% for customers repositioning inventory closer to demand
• +3 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Canadian Service ProviderscoreChannel Partner/ Reseller/ DistributorSelect Canadian service providers partnered for cross-border freight services between US and Canada, providing comprehensive coverage of Canada's 10 provinces and 3 territories.
• Canadian Rail ProvidersminorOthersGateway distribution hubs in Chicago, Cincinnati, and Winchester, Virginia for line haul services to and from Canada through rail partnerships.
• Mexican Service ProviderscoreChannel Partner/ Reseller/ DistributorSelect Mexican service providers partnered for cross-border freight services between US and Mexico, providing complete coverage of North America.
• USMCA Certification PartnerscoreTechnology or IntegrationCertifications include Free and Secure Trade (FAST), Customs Trade Partnership Against Terrorism (C-TPAT), Partners in Prevention (PIP), and Customs Self Assessment for seamless cross-border movement under USMCA guidelines.
• Puerto Rico On-Island PartnercoreChannel Partner/ Reseller/ DistributorLong-standing on-island partnership providing 600,000+ sq. ft. of warehousing and distribution space, 125+ daily delivery drivers, and island-wide delivery and pool distribution services for Puerto Rico shipments.
• Global Logistics PartnerscoreChannel Partner/ Reseller/ DistributorVetted global partnerships throughout North America and internationally for ground, ocean, and air services enabling shipping to and from more than 100 countries.
• Canadian Warehousing PartnersminorChannel Partner/ Reseller/ DistributorAccess to large number of warehouses throughout Canada for shippers to position inventory for quick delivery without operating independent warehouses.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Old Dominion Freight Line: Old Dominion is the largest U.S. LTL carrier with national coverage, premium service positioning, and best-in-class margins. Directly comparable to Averitt's LTL core service in terms of product offering and customer base, though significantly larger with national density.
• Saia Inc. Saia is a publicly traded LTL carrier with regional-to-national expansion strategy. Comparable to Averitt in LTL focus and growth-via-facility-expansion approach, though Saia is publicly traded and operates a broader geographic footprint.
• ArcBest Corporation: ArcBest operates a multimodal portfolio including LTL (ABF Freight), truckload brokerage, and logistics services — closely mirroring Averitt's diversified service mix. Comparable as a multi-mode freight and logistics provider targeting enterprise shippers.
• XPO Inc. XPO is a major North American LTL carrier following its GXO and RXO spin-offs. Directly competes with Averitt in LTL with national service center network and comparable enterprise customer base.
• RXO Inc. RXO is a leading U.S. truckload brokerage and last-mile provider, spun off from XPO. Comparable to Averitt's North America Truckload Brokerage and Final Mile & White Glove Delivery service lines in business model and customer type.
• Estes Express Lines: Estes is a privately held LTL carrier with strong regional-to-national coverage and a comparable diversified service portfolio including truckload and logistics. Closest privately held peer to Averitt in business model, regional strength, and customer mix.

Broad incumbents

• J.B. Hunt Transport Services: J.B. Hunt is a large multimodal carrier with intermodal, dedicated, and brokerage services. Overlaps with Averitt's intermodal, dedicated fleet, and integrated solutions service lines, though J.B. Hunt is significantly larger and broader in scope.
• Knight-Swift Transportation Holdings: Knight-Swift is the largest U.S. truckload carrier with LTL (USX), intermodal, and logistics segments. Comparable to Averitt's truckload and intermodal offerings, with a broader national footprint and deeper service portfolio.
• Schneider National: Schneider operates truckload, intermodal, dedicated, and logistics services with national coverage. Comparable to Averitt's asset-based truckload, intermodal, and dedicated service lines, though at significantly larger scale.
• Hub Group: Hub Group is an asset-light intermodal and logistics provider with brokerage, dedicated, and final-mile services. Comparable to Averitt's intermodal, brokerage, and integrated solutions offerings, with emphasis on multimodal coordination.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJPzpViAddp7IxgBFzCvB2g
• Facebookfacebook.com/AverittOfficial
• LinkedInlinkedin.com/company/averitt
• Instagraminstagram.com/averittofficial

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 averitt