SAN JOSE, Calif., Oct. 30 /PRNewswire/ -- Craters & Freighters, the
national leader in specialty freight solutions, announced the company has
nearly doubled revenue and added 22 new franchises across the United States
in the past five years. Steady growth, ventures into commercial markets,
and global logistics makes it a leader in the consumer and commercial
shipping markets and one of the fastest-growing franchises in its class.
The San Jose Craters & Freighters Franchise Company has benefited from the
company's national growth.
"We offer the detailed attention of a small company with the resources
of a large logistic company. Our personalized customer service and ability
to crate and pack in-house, as opposed to outsourcing, gives us quality
control and the competitive edge that has grown our business," said Monty
Smith, franchise owner of Craters & Freighters in San Jose. "Our uniqueness
makes us stand out in the marketplace and allows us to cater to a wide
range of customers from shipping family heirlooms to freighting hi-tech
equipment for Silicon Valley icons."
The Colorado-headquartered Craters & Freighters estimates company
revenues at $45 million by the end of 2007, nearly double its reported
revenues of $25 million in 2003. The company's franchise growth has
steadily increased since it first began selling franchises in 1991.
Currently, Craters & Freighters has 66 franchises across the United States.
The company added 11 new franchises in the last three years, with only a
limited number left before all its U.S. franchises are sold.
"We took a hard look at the marketplace to determine growth
opportunities for our local franchises across the country, and made
strategic business decisions that brought us to where we are today," said
Diane Gibson, President and CEO of Craters & Freighters. "By building upon
our successful arts and antiques sector, we grew our commercial and
industrial shipping segment and expanded into global logistics. It was one
of the smartest investments that we have made."
Craters & Freighters developed a business model to garner new clients
including Fortune 500 companies in the commercial and industrial sector by
training franchisees on specific crating techniques and specifications for
the electronics, medical and government industries. This training and
education not only helped build franchise revenues, but the core business
experienced fantastic growth as well.
With commercial and industrial business customers across the U.S.,
Craters & Freighters expanded its business globally and launched its Global
Logistics division in 2005. The division creates custom logistic solutions
for complex domestic and international packaging, crating and shipping
needs through a central management team.
About Craters & Freighters
Craters & Freighters, founded in 1990, is headquartered in Golden,
Colorado and is the national leader in specialty freight solutions,
providing expert packaging, crating and shipping services from locations
nationwide. The company expanded through franchising nationally beginning
in 1991 with additional territories available. For more information, visit
SOURCE Craters & Freighters