Denver, Colorado: Client was company that was a combination of:
- Intermodal
- Van
- Brokerage
The client ran into substantial financial problems;
- Their insurance carrier was canceling their insurance;
- Their bank was pulling their line of credit;
- They could not cash flow their debt service;
Ahern was able to streamline the operation and demonstrate a savings of approximately $1.4 million.
Subsequently thereafter, the customer indicated that:
- They wanted Ahern to assist them in a transition process;
- They wanted to eventually sell the company;
- They wanted to get out of the trucking business.
Ahern systemically helped the client implement changes that were necessary to cash flow the company:
- Ahern secured the client a new line of credit;
- Ahern worked with their creditors;
- Ahern then unbundled the company and sold various portions to three (3) different Ahern clients.
The company historically:
- Had not cash flowed;
- Should have gone out of business;
- Ahern was able to help the client survive and eventually unbundled the company and bring cash to the owner.
Arkansas Transit Home, Inc. (ATH) was founded in 1958 by my late father, Wendell Chandler. In fact, to Illustrate how long that is got most trucking companies, our DOT number only has five numbers.
I would like to thank you Andy for making this very important and life changing event possible. It was a great experience.
Sincerely,
Dwight Chandler
President
Arkansas Transit Homes, Inc.
We have worked with you and your colleagues at Ahern Associates for some time now. We find your expertise in the area of logistics (be it in consulting or based on being hired for acquisition analysis) to be out standing. We value the relationship and are very happy to give you this letter of reference..
You should feel free to have any party call us to discuss our experience.
Sincerely,
James M.Hill
Benesch Attorneys at Law
England has been formally associated with Andy Ahern and his colleagues for approximately the past three years primarily in the area of acquisitions. During that period, we have experienced a professionalism that is refrrshing. Andy offers in-depth expertise as well as industry knowledge born from extensive experience, a combination which adds material value well beyond a normal business relationship.
We anticipate a long – term, mutually beneficial association. It was a great experience.
Very truly yours,
Keith c. Wallace,Jr.
Senior Vice President / Chief Financial Officer
C.R. England, Ind
Century Carriers, Inc. and its subsidiaries are family owned businesses that was started 1998. When the Transportation business was booming, times were great but, like other family owned businesses we didn’t prepare for the economy the past year. My wife and I lost many hours sleep and made many calls to attorneys, banks, and whom ever would listen to our story trying to figure out how we were going to save our business for our future and our children.
Andy and his team has given us hope that there is light at the end of the tunnel and we are making progress, thanks again.
Sincerely,
Kevin Henderson, President/CEO
Century Carriers Inc. / Century Expedited Inc.
Originally, I met Andy at a Truckload Carrier`s Conference during a round table discussion on the trasition of family business. Andy was very knowledgeable about the topic and expressed many ideas that we hadn`t thought of. During the down turn of our industry in 2001, We called upon Andy, as a consultant, to help us understand how to turn our business around. We hired Ahern and Associates to come in and do businesses review. By giving us a road map to success with their intial audit, they helped turn our business around within thirty days.
Andy Ahern and Ahern & Associates have always delivered exactly what they have promised.
Sincerely,
Don Christenson, President
Christenson Transportation, Inc.
