BRUNSWICK, Ohio, Nov. 3, 2015 /PRNewswire/ -- V3 Transportation, an innovator in expedited transportation solutions, is pleased to announce that Craig Amato will be joining the company as an investor and as a senior advisor on January 1, 2016. Mr. Amato, who founded Panther II Transportation, Inc. in 1992 and served as its CEO for 16 years, will be involved with the growth initiative being launched by V3 Transportation.
"Since V3 began operations in the early part of 2013, we have been focused on providing exceptional expedited services that are tailored to fit our customers' needs. It has been thrilling to see the response of our customers and the market to the approach that V3 has taken within the expedited space," said V3 Transportation CEO Bob Poulos. "V3 has established a diverse industry base and we are well positioned to explore and expand within new segments of the market. As we began considering our plans for expansion, we were able to reconnect with Craig Amato, a proven innovator and someone who is considered to be one of the founding fathers of expedited transportation."
"Bob and I have known Craig for many years and we are looking forward to working with him again as we seek out targeted opportunities for expansion," said John Sliter, President and Chief Operating Officer for V3. "We have worked diligently to bring talented transportation professionals to V3 at all levels of our organization, and Craig is one of the most respected and accomplished leaders in the history of our industry. As a senior advisor, Craig's depth of experience and his ability to observe the challenges within the expedited market from a universal perspective will be invaluable to us. Craig's financial investment and focus in V3 will allow the company to pursue opportunities that will foster the company's growth and place V3 in a further position of strength within the expedited market."
In joining V3, Mr. Amato will initially be working with the company's senior leadership to spearhead a number of initiatives focused on growing V3 in the near term while continuing to further the company's position with the expedited market. Through Mr. Amato's investment and in his role as a senior advisor, V3 has initiated the process to restructure the company's credit facility. The new financing will assist in providing V3 the ability to expand its fleet and further grow the company's operational and sales infrastructure, including opening office locations across the country.
"I've always kept an eye on the expedited transportation market, and, in particular, I have taken note of the progress that has been made by the V3 Transportation team under the leadership of Bob Poulos and John Sliter. They have continued to impress me with their dedication to their employees, to their fleet operators and, of course, to their customers," said Mr. Amato. "The V3 team has demonstrated a commitment to innovative approaches in providing customer service and fleet management support – all of which has quickly gained attention and respect within the expedited transportation market. I believe V3 Transportation is perfectly positioned for growth in both the short and long team. I am looking forward to my new role with the company and I see great things ahead for V3."
About V3 Transportation:
Established in 2013, V3 Transportation has rapidly established a reputation for quality and reliability as an expedited transportation service provider for automotive, high-tech and numerous other industries. V3 has been recognized for excellence by national transportation publications in the areas of customer service and fleet operations. Website: v3transportation.com.
SOURCE V3 Transportation