What is Citation Logistics?
Citation Logistics is a comprehensive, 24-hour logistics provider headquartered in Slidell, Louisiana. The company specializes in a diverse array of transportation services, including flatbed trucking, heavy haul, and advanced shipment tracking. Serving critical industries such as oil & gas, construction, and telecommunications, Citation Logistics has built a reputation for reliability, evidenced by its impressive 98% on-time delivery rate. Leveraging over 80 years of combined industry experience, the firm is dedicated to delivering superior quality and dependable solutions, solidifying its role as a trusted partner in the logistics landscape.
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
What's next for Citation Logistics?
The substantial capital infusion, particularly the recent strategic investment, positions Citation Logistics for accelerated growth and operational enhancement. This late-stage funding context suggests a focus on scaling infrastructure, expanding service offerings, and potentially entering new geographic markets. The company is likely to leverage this financial momentum to further solidify its competitive advantage in the demanding transportation and logistics industry, aiming to enhance efficiency and customer service capabilities.
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