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2014 Media Kit
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TTS reaches $100 million in revenue

By: | at 07:00 PM | Channel(s): Transport Intermediaries  

Dennis Farnsworth appointed new CFO

Total Transportation Services LP (TTS) celebrated a major financial milestone in November by reaching $100 million in billed revenue. This comes just 10 months into operation and exceeds original projections for the transportation and logistics management company by several months.

TTS also announced the appointment of Dennis Farnsworth as the company’s Chief Financial Officer. Farnsworth joins TTS from US Xpress Enterprises where he was Vice President of Business Development in charge of acquisitions for the Chattanooga-based transportation company.

As CFO, Farnsworth will be responsible for managing Total Transportation Services’ finance activities and guiding the company’s strategic financial growth. Farnsworth’s background includes serving as CFO for packaging engineering firm CPOR Inc. in Richmond, Virginia. Previous to that he was CFO for Quality Distribution Inc, a $700 million, affiliate-based chemical OTR tank carrier located in Tampa, Florida.

‘Our incredible revenue growth and expansion of our agency network is a reflection of a commitment we made from the beginning to create a different kind of logistics services company,’ said Andy Cole, president and chief executive officer of Total Transportation Services. ‘We are committed to providing our agency network with the best technology, resources and systems that will ensure the success of the customer.’