Stotland Trucking Expands with New Headquarters in Austin, Texas

September 4th, 2024 1:30 PM
By: Newsworthy Staff

Apple Rush Company's subsidiary Stotland Trucking has acquired a new 48,000 square foot headquarters in Austin, Texas, signaling a major expansion of its logistics services across the Southwest and Midwest regions.

Stotland Trucking Expands with New Headquarters in Austin, Texas

In a significant move that signals expansion and growth, Stotland Trucking, LLC, a subsidiary of Apple Rush Company, Inc. (OTCpink:APRU), has acquired a new 48,000 square foot headquarters in Austin, Texas. This strategic acquisition is part of a broader plan to expand line service and last mile delivery capabilities throughout Texas and the Midwest.

The new facility provides Stotland Trucking with the necessary space to execute its ambitious growth strategy. Derik Stotland, president of Stotland Trucking, emphasized the importance of this move, stating, "This new headquarters gives us the needed space to grow and execute on our business plan." He further added that with access to additional capital over the next couple of years, the company plans to expand rapidly to build an organization capable of providing last mile deliveries throughout the Southwest and Midwest regions.

Tony Torgerud, CEO of APRU, highlighted the significance of this development, saying, "Derik has gone out and moved into a 48,000 square foot facility in Austin, Texas. This facility gives Stotland the space to grow and expand as a regional carrier. With our guidance we plan to continue growing at an accelerated rate to build a premier regional carrier."

The expansion plan includes adding strategic locations in the coming months to fulfill logistic services for local companies within the service areas. This move is expected to strengthen Stotland Trucking's position as a key player in the regional logistics industry.

For Apple Rush Company, Inc., a distributor of CPG products under various brands including Apple Rush, Element, and others, this expansion of its subsidiary represents a significant step towards increasing shareholder value. Torgerud expressed optimism about the company's future, stating, "We are excited for the upcoming quarters as we grow our shareholder value by delivering results throughout all of our business segments."

The expansion of Stotland Trucking comes at a time when efficient logistics and last mile delivery services are increasingly crucial for businesses across various sectors. As e-commerce continues to grow and consumer expectations for fast delivery rise, companies that can provide reliable and extensive logistics services are well-positioned to capture market share.

This move by Stotland Trucking could have significant implications for the logistics landscape in the Southwest and Midwest regions. As the company expands its operations, it may create new job opportunities and potentially impact the competitive dynamics in the regional trucking and logistics industry.

For more information about Apple Rush Company, Inc. and its brands, interested parties can visit www.aprubrands.com and www.element-brands.com. The company's expanded product portfolio is also available at www.alkhemicalroots.com.

As Stotland Trucking embarks on this expansion journey, industry observers will be watching closely to see how this move influences the regional logistics sector and contributes to Apple Rush Company's overall growth strategy.

Source Statement

This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,

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