What is Cycle Logistics?
Cycle Logistics operates as a comprehensive transportation and distribution provider headquartered in Itasca, Illinois. The company specializes in offering a wide array of services, including Truckload, LTL (Less Than Truckload), Local Cartage, and Dedicated Contract Cartage. Complementing its freight services, Cycle Logistics maintains a courier fleet of over 75 vehicles to address the needs of shippers requiring rapid delivery of small packages. Furthermore, the company boasts more than 100,000 square feet of climate-controlled storage, positioning itself as a versatile partner capable of meeting diverse and urgent shipping requirements.
How much funding has Cycle Logistics raised?
Cycle Logistics has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Cycle Logistics
PPP
Public-Private Partnership
What's next for Cycle Logistics?
The substantial capital infusion, particularly the recent strategic investment, signals a pivotal growth phase for Cycle Logistics. This financing is likely to fuel strategic initiatives aimed at enhancing operational capacity, expanding service reach, and potentially integrating advanced logistics technologies. The company's focus on both large-scale freight and agile courier services, combined with its storage capabilities, positions it for robust development in the competitive transportation and distribution market.
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