Combined Transport keeps on trucking

| Print |  Email
Articles - May 2013
Monday, April 29, 2013

By the company’s 30th anniversary in 2010, Combined Transport trucks had logged over 2 billion miles. Last year Combined finally shook off the aftereffects of the 2007 recession as 2012 annual revenues jumped 25% over the previous year to $127 million. Card now sees good times ahead for his company and the industry. “It’s an exciting time,” he says. “We have to turn down loads because we can’t hire enough drivers.” Just as he urges other companies to do, Card is keeping an eye out for first-generation companies looking to sell. “A lot of those trucking companies that started in the ’80s are just now coming into retirement and don’t have a second generation to carry them.” In the next five years, merger and acquisition activity will increase, Card predicts.

Card himself intends to follow an M&A plan he’s been perfecting since 2000, when Combined made its first acquisition. It’s a plan that is in keeping with his efforts to burnish the industry’s reputation. “We don’t want to bottom-feed just to get equipment and drivers,” he says. “That doesn’t work. When we find a company that has a good business model, we’re going to let them keep that model with employees and management structure in place and run them as a wholly owned subsidiary.”

A case in point: In 2012 Card purchased friend Mike Simone’s Blackwell Consolidation (formerly Cross Creek Trucking). The purchase included Blackwell’s 31-acre parcel of land situated within shouting distance of Interstate 5, solving a problem that’s vexed Card for years. “Moving operations over there is really going to help the Rogue Valley,” Card says. “We’ll eliminate over 50,000 truck miles by being that much closer to I-5. We won’t be clogging the two busiest intersections in the Valley, and we estimate saving over a quarter ton of pollution from the air shed.”

This is just another way of giving back to the state Card holds dear. As ATA chairman, Card preaches respect, professionalism and safety on the road. Back at home, he’s an equally vocal cheerleader for Oregon economic development. “I love it here,” he enthuses. “I was born and raised in Medford. Everyone in the trucking industry knows I’m from Oregon. I make a big deal out of it because I think it’s the best place in the world to live.”



 

Comments   

 
Guest
0 #1 Mike BoutinGuest 2015-04-13 18:33:11
Proud of Mike Card. He is an American success story.
A good example of what can happen when education, opportunity, hard work and forward thinking come together.
I was honored to work with them in their first two decades.
Quote | Report to administrator
 

More Articles

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Urban renewer

Linda Baker
Wednesday, June 24, 2015
UnknownBY LINDA BAKER   

One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.


Read more...

Preserving the Legacy

July/August 2015
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN

A New York floral and gift business takes on the iconic Harry & David brand.


Read more...

Farm in a Box

July/August 2015
Friday, July 10, 2015
BY JACOB PALMER

Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.


Read more...

Reader Input: Energy Overload

June 2015
Wednesday, July 15, 2015

We asked readers to weigh in on the fossil fuel-green energy equation.


Read more...

5 things to know about veterans in the workforce

The Latest
Wednesday, July 01, 2015
070215-vetsthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

There are more than 10 million former military members working in the United States.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS