LOGISTICS MANAGEMENT SECURES $2 MILLION IN FUNDING
'Logistics Management Resources Inc., a Louisville, Ky.-based holding company intent on acquiring and managing non-asset-based logistics companies, said Friday it has secured $2 million in working capital.
The company has also received a $1-million equity investment. “The working capital allows us to finance current operations, and the equity investment ensures the completion of anticipated acquisitions,” said Dan L. Pixler, president and chief executive officer of Logistics Management Resources.
The company recently changed its name from U.S. Trucking.