Anyone have experience in freight / logistics - in particular drayage?

June 25, 2025

by a searcher from University of Wisconsin - Madison in San Diego, California, USA

My partner and I are nearing LOI on a drayage business. Neither of us have experience in the logistics industry and we are looking for experts we can chat with. I see from previous discussion on Searchfunder that the freight industry has significant cyclicality and is a commodity business. It does seem that drayage in particular has more of a service component than other businesses in the industry (ie long haul trucking). But we would like to discuss with those with more knowledge than us to validate this assumptions and get smart on risks and opportunities. Thanks in advance and I look forward to chatting.

Reply by a searcher
from Michigan State University in Chicago, IL, USA

I would absolutely stay away from this as if your life depended on it- the entire Trucking logistics industry has been in a three year depression and has become completely commoditized - and Drayage is by far at the top of the list of the ultra commoditized subsectors of asset based Trucking Risk bankruptcy and deep depression- possibly worse if you buy into the trucking logistics industry with no experience at this time

Reply by a searcher
from Northwestern University in Naperville, IL, USA

Don't do it. https://searchfunder.com/post/brief-thoughts-on-acquisition-of-truckload-carriers

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