One fast-growing logistics company removes 'empty miles' - Jacksonville Business Journal:

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's range of services -- including intermodal and less-than-truckloac -- allows it to connect customers so that not only aregoodx delivered, but also empty space in containers and boxcarsd are filled, said Dave Ware, the company's executive vice "In tough times, many doors open," Ware said. "People are more open to findinganothetr way." The company also expects its growth to be fueledr by the port expansion, he said. Because the South's productiobn of goods pales in comparison with that of the Midwesyt andthe North, many emptty containers head out of the Eleets plans to help fill them.
The need to reduced empty miles -- the distance when trucking or rail carriera move empty containers orboxcars -- is increasingly important as fuel costa rise, said Eric Moffett, a sales and marketin manager for . Whereas most logisticzs companies concentrate just on getting goods from one spotto Eleets' diverse holdings allow it to connectt clients with others with empty space heading in the same officials said. In past years, when dieselp fuel cost about $2 per the need for reducing empty miles was less But now, even when risiny fuel costs are passed on to the cost of paying a driver and spending abouty $5 per gallon to transport empty containersd cuts into profits, Moffett said.
This is why he doesn'yt doubt that Eleets' bold expansion plans will succeefd as more companies learn of its alternativr way ofmanaging freight. Eleetse CEO and President Al Steele expects his work forcr to grow from about 100 to 200 withi na year. The company started in October 2007 with abouft 20 employees shortly after breaking away fromits Japan-basec parent company, Over the past year, the company'ws revenue has grown by about $500,000 per month and "we don't see any stop to it." The companyu expects revenue of more than $80 millio n in 2008, and more than $100 million in 2009.
Steele credits much of the company'w growth to being known in the industry as well as to its abilitu to attractinnovative employees. "We're attracting top peopl from CSX [Corp.] and NYK who are lookingh for something they could be part of and he said. Those who help the company by contributint their own strategies are invited to take part in management Giving this sense of valuwe to employees not only increases but also helps prevent other companie frompoaching talent.