 | |
| Company type | Privately held company |
|---|---|
| Industry | Transportation and supply chain management |
| Founder | Thurman Averitt |
| Headquarters | |
| Owner | Gary Sasser |
Number of employees | 9,000[1] |
Averitt Express is a privately owned transportation and supply chain management company based in Cookeville, Tennessee.
History
[edit]The company was founded as Livingston Merchant's Co-op in 1958 and incorporated as Averitt Express in 1969.[2][3] Averitt is owned by Gary Sasser, who purchased the company from its original owner, Thurman Averitt, in October 1971 at the age of 20. At the time of Sasser's purchase, Averitt operated 3 trucks and 5 trailers.[citation needed]
As of 2015[update], the company claims to be "one of the nation's leading freight transportation and supply chain management providers".[3] In 2021, Averitt purchased a 25,000 square-feet distribution center in Amarillo and opened new locations in Grand Prairie, Houston, and Laredo, TX.
In 2022, Averitt Express opened a new distribution and fulfillment facility in the Memphis area. The new center is a 260,000 square-feet, adding to their 2.4 million square-feet of space over their 40+ locations.[4]
In, 2023 Averitt Express donated $1,200,001 to St. Jude Children's Hospital.[5] Most of the funds were donated through an employee program in which about 94% of Averitt employees donated minimum of $1 per week to the Averitt Cares for Kids fund.[5][6] Averitt opened another distribution and fulfillment center in Louisville, KY, that spans over 340,000 square-feet.[7]
Service area
[edit]Averitt Express runs primarily in 18 states in the Southeast United States, including Florida, Georgia, South Carolina, North Carolina, Alabama, Mississippi, Virginia, Kentucky, Texas, Oklahoma, Arkansas, Tennessee, and Louisiana. They also have single terminals in California, Ohio, Wisconsin, Missouri, and Illinois.[8]
Transportation services
[edit]Averitt Express provides the following services:[9]
- Climate controlled
- Cross-border (Canada, Mexico, Puerto Rico/Virgin Islands)
- Dedicated
- Expedited/time critical
- Intermodal
- International (ocean/air, Asia-Memphis Express)
- Less than truckload shipping (LTL) (regional, nationwide, distribution/consolidation)
- Portside
- Retail services (general retail, retail distribution)
- Transportation management
- Truckload (dry van, flatbed, truckload brokerage)
- Air charter
- Value-added services (national call center)
- Warehousing
- Supply chain
- Integrated services
Charity work
[edit]Averitt Cares for Kids is a non-profit organization that is funded by associates of Averitt Express and is managed by the company.[10] associated with St. Jude's Children's Hospital.[11]
Awards
[edit]Averitt Express has won many quality awards for environmental responsibility, publication service, and safety, as well as many customer service awards from companies including Walmart, Dollar General, General Motors, Jack Daniels, etc.[12]
In March 2024, Averitt Express won Extensiv's Powerhouse Award for the company's analytics implementation.[13]
References
[edit]- ^ "Averitt Express". Forbes. Retrieved 7 June 2024.
- ^ "Company Overview of Averitt Express, Inc". Bloomberg. Retrieved 20 July 2015.
- ^ a b "The Averitt Story". averittexpress.com. Retrieved 20 July 2015.
- ^ Berman, Jeff. "Averitt Express rolls out new distribution and fulfillment facility in the Memphis area". Logistics Management. Retrieved 2023-03-30.
- ^ a b "Averitt Express sets new donation record for St. Jude's Hospital". Truckers News. 2023-03-16. Retrieved 2023-03-30.
- ^ "Averitt Express, Inc". www.stjude.org. Retrieved 2023-03-30.
- ^ Staff, The Trucker News (2023-03-09). "Averitt Express opens new distribution, fulfillment center in Louisville". TheTrucker.com. Retrieved 2023-03-30.
- ^ "Our Facilities". averittexpress.com. Retrieved 20 July 2015.
- ^ "Services". Retrieved 20 July 2015.
- ^ "Averitt Cares for Kids". averittexpress.com. Retrieved 20 July 2015.
- ^ "Trucking Moves America Forward shares stories of charity". www.fleetequipmentmag.com. Retrieved 2023-04-08.
- ^ "Quality Awards". averittexpress.com. Retrieved 20 July 2015.
- ^ Guy, Erica N. (2024-03-04). "Averitt wins Extensiv's Powerhouse Award". TheTrucker.com. Retrieved 2024-03-06.
Further reading
[edit]- Udo, Godwin J.; Grant, Trish (1993). "Making EDI Pay Off: The Averitt Express Experience". Production and Inventory Management Journal. Production and inventory management journal : Journal of the American Production and Inventory Control Society, Inc. - Washington, DC : Soc., ISSN 0897-8336, ZDB-ID 10542929. - Vol. 34.1993, 4, p. 6-11. 34 (4): 6–11. (Preview page).
- Lambert, Russell D. (2003-07-25). Executive's Guide to the Wireless Workforce. John Wiley & Sons. p. 153. ISBN 9780471459897.
- "Transportation & Distribution". January 2003. pp. 27–28.
- "Going Canadian: Averitt deal opens avenues to the north". Nashville Business Journal.
- Plunkett, Jack W. (March 2009). Plunkett's Transportation, Supply Chain & Logistics Industry Almanac 2009. Plunkett Research. ISBN 9781593921422.