What is CTI Logistics?
CTI Logistics, Inc. is a seasoned player in the transportation industry, boasting over 55 years of experience in load planning and dispatching truck loads. The company has carved a niche in refrigerated freight, serving as a dedicated logistics partner for routes spanning the Midwest to the West Coast. Its expertise is particularly focused on the transport of produce, with a specialized service offering team drivers for third-day delivery between these key regions. CTI Logistics emphasizes the use of advanced tracking and dispatching software, including Omnitracs and TMW TL2000, ensuring timely and secure delivery. Carrier compliance with low CSA scores is rigorously monitored, reinforcing the company's commitment to freight security and reliability.
How much funding has CTI Logistics raised?
CTI Logistics has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for CTI Logistics?
The substantial late-stage funding received by CTI Logistics signals a strategic move towards scaling operations, potentially expanding its service network, or investing in technological advancements to further optimize its refrigerated logistics capabilities. This capital infusion is likely to bolster its competitive edge in the demanding produce transportation market, enabling the company to enhance its fleet, refine its dispatching systems, and potentially explore new geographic markets or service offerings. The focus on refrigerated freight and established West Coast-Midwest routes suggests a trajectory aimed at solidifying its leadership in specialized cold chain logistics.
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