huffman trucking

huffman trucking






Huffman Trucking












Introduction
Founded by K Huffman of Cleveland, Ohio in 1936, Huffman Trucking Company has grown tremendously. In World war II Huffman received many federal contracts to haul material from the Midwestern part of the United States to the east for the war effort. Presently Huffman Trucking has since obtained by acquisition five more trucking companies which have further increased the business exponentially. This also is the reason it is still privately owned and operated. Huffman currently employs 1,400 workers in its logistical centers located throughout the country in Cleveland, Ohio, St. Louis, Missouri, Bayonne, New Jersey and Los Angeles California (Titman, Keown & Martin, 2014). Now Huffman trucking wants to expand again and is weighing options of going public through an IOP. Merging or acquiring another company is also on the table. There are pros and cons with all options so it is imperative the right one is selected.
Exchange factors
Huffman Trucking is a company that has a lot of exchange factors that go along with the business moving ahead. The first factor that plays a very import role is the differentials in Inflation. It is a general rule that a company with the lowest inflation rate will produce greater profits than one with a higher inflation rate. This means Human Trucking will be the less concerned with maintenance costs for their trucks and can invest more towards capital growth. Another factor in making sure this company continues to grow and expand is the fact that there will be positive differentials in interest rates. This helps to increase profit even more. Huffman Trucking needs to consider these factors and what role they play in the expansion process (Titman, Keown & Martin, 2014). The less debt that they have, the more capital they can invest in the company and make sure that they are on the right track. The Huffman Trucking...

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