How Much Did A L Smith Trucking Raise?
Funding & Key Investors

A L Smith Trucking, a prominent player in cold chain logistics, has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its robust growth trajectory and market position in the temperature-controlled transportation sector. This latest financing round is indicative of the company's strong performance and its strategic importance within the industry.

What is A L Smith Trucking?

A L Smith Trucking
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

A.L. Smith Trucking, Inc. is a distinguished leader in cold chain logistics, specializing in the temperature-controlled transportation of perishable goods across the East, South, and Midwest markets. Leveraging over six decades of operational expertise, the company deploys a substantial fleet comprising more than 70 trucks and 125 refrigerated trailers. This extensive infrastructure ensures the secure and timely delivery of sensitive products, including fresh produce, pharmaceuticals, and beverages. A.L. Smith Trucking has cultivated a reputation for reliability and quality, positioning itself as a preferred partner for enterprises reliant on specialized cold item transportation. The company adeptly integrates advanced logistics technology with a seasoned workforce to address the escalating demands of the cold chain industry.

How much funding has A L Smith Trucking raised?

A L Smith Trucking has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for A L Smith Trucking?

The substantial capital infusion, particularly the recent strategic investment, signals A L Smith Trucking's readiness for accelerated expansion and operational enhancement. As a company operating within the critical cold chain logistics segment, this backing is likely to fuel investments in fleet modernization, technological upgrades for enhanced tracking and temperature control, and potential market penetration into new geographical regions. The late-stage nature of this funding suggests a focus on scaling operations, optimizing supply chain efficiencies, and potentially pursuing strategic acquisitions to further solidify its market leadership. A L Smith Trucking is well-positioned to capitalize on the growing demand for specialized temperature-controlled shipping solutions.

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Frequently Asked Questions Regarding A L Smith Trucking Financial Insights

What are the most recent funding rounds that A L Smith Trucking has completed, and what were the funding rounds?
A L Smith Trucking has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding A L Smith Trucking has raised to date?
A L Smith Trucking has raised a total of $150K in funding to date.
How many funding rounds has A L Smith Trucking completed?
A L Smith Trucking has completed 1 funding rounds.
How much funding did A L Smith Trucking raise in its most recent funding round?
A L Smith Trucking raised $150K in its most recent funding round.
Who are the lead investors in A L Smith Trucking's latest funding round?
The lead investor in A L Smith Trucking's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in A L Smith Trucking's history?
The largest funding round in A L Smith Trucking's history was $150K.
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