What is Citation Logistics?
Based in Slidell, Louisiana, Citation Logistics operates as a comprehensive, 24-hour full-service logistics provider. The company distinguishes itself through a diverse service portfolio that encompasses flatbed trucking, heavy haul operations, and sophisticated shipment tracking systems. Serving critical sectors such as oil and gas, construction, and telecommunications, the firm maintains a reputation for operational excellence, evidenced by a 98% on-time delivery rate. With over eight decades of collective industry experience, the organization has successfully transitioned from a regional player to a critical partner in the national supply chain, prioritizing efficiency and client-centric logistics solutions.
How much funding has Citation Logistics raised?
Citation Logistics has raised a total of $347K across 2 funding rounds:
Debt
$150K
Debt
$197K
Debt (2020): $150K with participation from PPP
Debt (2021): $197K led by PPP
Key Investors in Citation Logistics
PPP
Public-Private Partnership
What's next for Citation Logistics?
With the recent infusion of capital, Citation Logistics is poised to accelerate its strategic initiatives, focusing on the modernization of its fleet and the optimization of its logistics network. The company's late-stage lifecycle status suggests a shift toward market consolidation and the scaling of high-margin service lines. Future growth will likely be driven by investments in advanced tracking technologies and the expansion of its heavy haul capabilities to meet the increasing demands of the energy and infrastructure sectors. By maintaining its commitment to reliability and operational precision, the firm is set to capture additional market share while navigating the complexities of the modern transportation landscape.
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