Focus Management Group

Transportation Industry Experience

Long Distance Trucking Company

Industry:

Transportation

Company:

$350MM Provide of Long Distance Transportation Solutions

Situation:

A provider of long distance transportation solutions to a diverse range of carriers in the Midwest was experiencing financial difficulties.

Focus Scope:

Focus Management Group was engaged to analyze the Company’s financial situation and prepare a turnaround plan to right-size operations and improve profitability.

Tasks Performed:

  • Prepared a detailed 26-week cash flow forecast
  • Developed a comprehensive business plan
  • Negotiated with creditors to restructured all secured debt

Results:

  • The creditors agreed to 50% payments over 6 months, which improved the Company's monthly cash flow significantly.
  • Improved cash flow allowed the Company time to implement its turnaround plan, which Focus was heavily involved in.
  • The turnaround plan has worked to perfection.
  • Since Focus involvement, the Company has been highly profitable.

 

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