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(December 10, 2008 - Dallas) Total Transportation Services just completed their third annual Angel Tree Drive with outstanding support by their corporate staff located in Plano, Texas  More...

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Total Transportation Services Secures $20 million in Financing with GE Capital Solutions



(October 4, 2007 - Dallas) Total Transportation Services LLC (TTS), announced today it has secured a $20 million accounts receivable line of credit through GE Capital Solutions, Transportation Finance. The agreement, which closed on October 4, 2007, will enable TTS to continue with its aggressive expansion plans.

This significant financing package with GE Capital Solutions, Transportation Finance allows us to maximize flexibility and liquidity to fully support our business plans," said Andy Cole, president and chief executive officer of Total Transportation Services. The agreement not only confirms what TTS has been doing since the company’s inception, but positions us to continue our aggressive growth pattern well into the future.

"Being part of a business that is dedicated to the transportation industry has allowed us to understand very quickly TTS' business model and strategic growth plans," explains Grant Derderian, managing director of Transportation Finance’s asset based lending group.  We are very pleased to have them in our portfolio.

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Total Transportation Services LLC, is a Dallas-based third-party provider of transportation and logistics management services. The company offers an integrated network of transportation agents and agencies throughout the United States. Established in January, 2006, TTS is one of the fastest growing third-party logistics services providers having surpassed the $100 million revenue mark before the end of its first year in business.