SDDC awards LTL contract to MagRabbit-Stonepath
The U.S. Military Surface Deployment and Distribution Command has awarded a three-year contract to MagRabbit-Stonepath LLC to provide less-than-truckload surface transportation requirements throughout North America.
MagRabbit-Stonepath is a joint venture between third-party logistics company’s MagRabbit Inc. from Austin, Texas and Seattle-based Stonepath Group.
MagRabbit said the contract guarantees minimum revenue of about $123,000 with a potential of $7.7 million in revenue over the three years.