ADDISON, Texas (December 4, 2017) — Daseke Inc. announced that three additional carriers have joined Daseke, strengthening its position as a transformative force in the industrial goods trucking industry.

The three top-tier flatbed and specialized carriers added to Daseke’s family of companies are Tennessee Steel Haulers & Co. (TSH & Co.), The Roadmaster Group and Moore Freight Service.

“Today is a significant milestone for Daseke, as our company’s total revenue, EBITDA and fleet size are all now approximately 40 percent larger. We’ve added three exceptional organizations to our family of operating companies focused on unique sectors with promising growth characteristics,” said Don Daseke, president and CEO of Daseke. “We are very proud to be consistent in our flatbed and specialized focus, while adhering to our conservative risk management philosophy, to achieve the growth goals that we presented to the market when we became a public company this past February.” 

TSH & Co., The Roadmaster Group and Moore Freight Service are highly strategic additions to the Daseke family of companies for multiple reasons. As a result of the closings, Daseke is now on track in 2017 to have $143 million in pro forma EBITDA[i][ii]and $1.2 billion pro forma in revenue [iii]. This represents a compound annual growth rate of 48 percent in pro forma Adjusted EBITDA and 59 percent in pro forma adjusted revenue since the company’s first year of operations, 2009, when EBITDA was $6 million and revenue was $30 million.

“With the addition of TSH & Co., Daseke immediately becomes more asset-light in its fleet mix. TSH & Co. is a second-generation trucking company with a rare 1,100 flatbed-focused fleet with a 100 percent owner-operator model,” said Daseke. “With the combined owner-operators at TSH & Co., The Roadmaster Group and Moore Freight Service, my estimate is that our asset-light mix run rate will be well-balanced at an estimated 50 percent by December 31, 2017. Those percentages exemplify our long-term strategic goal of managing a lower capital expenditure intensive, asset-right fleet mix.”

With the addition of The Roadmaster Group, an elite high-security cargo carrier, Daseke’s position is further bolstered in an important niche market with limited carriers. The Roadmaster Group is the parent company for Tri-State, the longest-tenured high-security cargo hauler in the country, founded in the 1930’s.

“Earlier this year, R&R Trucking joined Daseke bringing an expertise in the high-security cargo segment. Our footprint in this end market has now grown even stronger with the addition of The Roadmaster Group,” said Daseke. “With two of the largest high-security cargo carriers now on the same team, we will become a force in the high-security and arms, ammunition and explosives (AA&E) cargo market.”

Moore Freight Service expands capabilities as a major player in a unique, specialized niche, hauling sheets of commercial glass, as large as 17 by 10 feet and more than one inch thick, with highly customized trailers.

“This exclusive market has intrigued our company for several years, as there are only three primary carriers,” stated Daseke. “It is very difficult to build scale quickly in the commercial glass niche. I applaud Moore’s CEO, Dan Moore, and his team, who have made a name for themselves as a premier carrier. Moore’s focus is to serve the largest glass manufacturers through a unique trucking operation with a patented loading platform. We’re excited to have this progressive company join the Daseke family.”

For more information, visit Daseke.