Aim Starts 2022 Strong After Record 2021
GIRARD, Ohio – Aim Transportation Solutions – parent of Aim Leasing Company and Aim Integrated Logistics – anticipates strong and steady growth following a record-shattering finish in 2021 and a strong start in 2022, reports Tom Fleming, chairman and CEO.
The Girard company provides full-service truck leasing, commercial vehicle rentals, dedicated contract carriage, maintenance programs, professional shop management, 3PL brokerage services and pre-owned vehicle sales. Aim operates 11,000 vehicles from more than 100 separate operations with over 1,200 employees across the country.
Aim Leasing Company’s total revenue jumped 12% and the division purchased roughly 1,500 vehicles last year, Fleming says. The company also acquired PacLease Fleet in Detroit, adding 140 vehicles. As such, the leasing division saw a 28.5% increase in new sales signings.
Demand began to take off during the first quarter of 2021, says Matt Svancara, executive vice president of sales and marketing. Aim’s rental revenue increased 39% last year.
“2020 was a challenging year for the entire transportation industry,” says Aim Co-President Geoff Fleming. “We did everything we could to help our customers weather the economic pain wrought by the pandemic while finding new avenues for Aim to acquire new business and remain profitable.”
Aim Integrated Logistics – the dedicated fleet service – also witnessed unprecedented demand in 2021, says Dave Gurska, chief operating officer. The division executed nine customer startups, netting a 16.7% increase in new sales, and retained 97% of existing customers.
Aim Integrated climbed to 22nd on Transport Topics’ Top 50 Dedicated Carriers list, he adds.
Aim Integrated also gained ground within the freight brokerage sector by expanding its team and adding new technologies, Gurska says.
Aim’s brokerage service, Aim 3PL, uses its transportation network to connect shippers with carriers, focusing on less-than-truckload, or LTL, services. This allows shippers to move smaller freight without wasting money on unused truck space.
“We’re confident and enthusiastic about the future,” says Aim Co-President Scott Fleming. “The unique challenges of the last two years have proven Aim’s ability to adapt and prevail without sacrificing our commitments to customers and employees.”
Copyright 2022 The Business Journal, Youngstown, Ohio.