About ITS Logistics
ITS Logistics is a company based in Sparks (United States) founded in 1999 by Jeff Lynch and Dan Allen was acquired by GHK Capital Partners in June 2021.. ITS Logistics offers products and services including ContainerAI, Network Transportation, Drayage and Intermodal, and Distribution and Fulfillment. ITS Logistics operates in a competitive market with competitors including Landstar, Worldwide Express, PS Logistics, DACHSER and Marten Transport, among others.
- Headquarter Sparks, United States
- Founders Jeff Lynch, Dan Allen
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
McNally Capital
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of ITS Logistics
ITS Logistics offers a comprehensive portfolio of products and services, including ContainerAI, Network Transportation, Drayage and Intermodal, and Distribution and Fulfillment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing container visibility and optimizing logistics costs.
Provides dedicated fleet and less-than-truckload shipping solutions.
Handles drayage and intermodal shipping for efficient supply chain execution.
Offers warehousing and ecommerce fulfillment for retail operations.
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Funding Insights of ITS Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ITS Logistics
ITS Logistics has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include McNally Capital, Coughlin Capital and GHK Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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McNally Capital is engaged in private equity investments.
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A private equity firm focused on industrial sector investments.
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Coughlin Capital is focused on investments in logistics and real estate.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ITS Logistics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ITS Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Its Logistics Comparisons
Competitors of ITS Logistics
ITS Logistics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Landstar, Worldwide Express, PS Logistics, DACHSER and Marten Transport, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Third-party logistics services including freight and warehousing are provided.
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| domain | founded_year | HQ Location |
Road freight services including parcels, LTL, and FTL are provided.
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| domain | founded_year | HQ Location |
Provider of truck transport services
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| domain | founded_year | HQ Location |
Road transportation services are provided by DACHSER across multiple regions.
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Temperature-sensitive truckload carrier
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| domain | founded_year | HQ Location |
Global freight transportation services and solutions are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Its Logistics
Frequently Asked Questions about ITS Logistics
When was ITS Logistics founded?
ITS Logistics was founded in 1999.
Where is ITS Logistics located?
ITS Logistics is headquartered in Sparks, United States. It is registered at Sparks, Nevada, United States.
Who is the current CEO of ITS Logistics?
Scott Pruneau is the current CEO of ITS Logistics.
What does ITS Logistics do?
ITS Logistics was founded in 1999 in Sparks, United States, within the logistics sector. Freight forwarding and comprehensive logistics services are delivered to support supply chain operations. The company was established by Jeff Lynch and Dan Allen as co-founders, with Scott Pruneau appointed as CEO. Activities are centered in the United States, addressing transportation and distribution needs for various industries.
Who are the top competitors of ITS Logistics?
ITS Logistics's top competitors include Landstar, Worldwide Express and XPO Logistics.
What products or services does ITS Logistics offer?
ITS Logistics offers ContainerAI, Network Transportation, Drayage and Intermodal, and Distribution and Fulfillment.
Who are ITS Logistics's investors?
ITS Logistics has 3 investors. Key investors include McNally Capital, Coughlin Capital, and GHK Capital Partners.