Trism subsidiary bought by former owners

Sept. 12, 2001
In 1995, Glenn Kavanagh and Lisa McConnell sold their third-party logistics firm to Georgia-based truckload carrier Trism Inc. Now, as Trism seeks to sell off subsidiaries in an attempt to return to profitability, they are buying it back. The original company Kavanagh and McConnell founded in 1982 was named Kavanagh & Associates Inc. It specialized in handling transportation management for over-dimensional
In 1995, Glenn Kavanagh and Lisa McConnell sold their third-party logistics firm to Georgia-based truckload carrier Trism Inc. Now, as Trism seeks to sell off subsidiaries in an attempt to return to profitability, they are buying it back.

The original company Kavanagh and McConnell founded in 1982 was named Kavanagh & Associates Inc. It specialized in handling transportation management for over-dimensional freight across all modes.

After buying their former company back, the pair renamed it named Kavanagh Logistics Inc., and seek to stay in the over-dimensional freight business. “Although the marriage with Trism did not work out like we had hoped, we learned a great deal from the experience,” said Kavanagh.

Trism began exiting the general freight and hazardous waste markets in July, as those two areas of service have caused the company to be unprofitable over the last two years. Trism has said it plans to concentrate on its profitable businesses segments in heavy haul, government munitions, commercial explosives, and radioactive waste.

The company began reducing operating costs last month by selling excess trailers, closing several terminal facilities and the eliminating non-driver personnel. It also shut down its Specialized Division in August.

About the Author

Sean Kilcarr | Editor in Chief

Sean reports and comments on trends affecting the many different strata of the trucking industry -- light and medium duty fleets up through over-the-road truckload, less-than-truckload, and private fleet operations Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!