Freight brokerage firm to invest more than $1.7 million
FRANKFORT Ky. (Feb. 18, 2013) – Total Quality Logistics (TQL) is expanding its Lexington facility, creating at least 75 new, full-time jobs by 2015 and investing more than $1.7 million in the project.
“TQL is standing up to its name, delivering quality logistics in the North American marketplaces that rely on timely and accurate shipping,” said Gov. Steve Beshear. “The commonwealth is happy to partner with TQL to see 75 new jobs and a $1.7 million investment, which further enhances Kentucky’s reputation as a logistics haven.”
Founded in 1997, TQL is the nation’s second largest freight brokerage firm, specializing in arranging the transportation of truckload shipments for thousands of companies across the country. With more than 60 employees in Lexington and 2,000 nationwide, TQL facilitates the movement of nearly 700,000 shipments each year for thousands of customers in various industry segments.
TQL is headquartered in Cincinnati, but has been pursuing an aggressive national expansion campaign for the past four years, opening 17 satellite offices across the country with plans of more to come.
The company has moved its Lexington office from its former 3,000-s.f. site on Old Rosebud Road to a new 10,000-s.f. location at 2473 Fortune Drive, making it one of TQL’s largest satellite offices.
Earlier this year, the Kentucky Society for Human Resource Management and the Kentucky Chamber of Commerce named TQL one of the best places to work in Kentucky. In 2013, TQL was ranked among the nation’s 150 Top Workplaces in one of the largest-ever surveys of U.S. companies, with more than a million employees participating nationwide. TQL also was named by Inc. Magazine as a leading company for creating American jobs and by Glassdoor as one of the top companies for career opportunities.
TQL is now the second largest freight brokerage in the nation, specializing in truckload transportation. The company employs more than 2,000 and moves more than 14,000 loads of freight every week. The company has grown an average of 30 percent per year since its founding.
“Lexington gives us access to outstanding professional talent. That’s why we’re here,” said Kerry Byrne, TQL executive vice president. “We need highly motivated sales people to help us serve an increasingly larger share of the $350 billion truckload transportation market.”
“Growing local jobs with a local company is a win-win. We are making progress in creating the kind of environment that attracts and grows good jobs,” said Lexington Mayor Jim Gray. “Total Quality Logistics recognizes, as we recognize, Lexington is the place to be.”
The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $800,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
For more information on Total Quality Logistics, visit www.tql.com.
Interested candidates should visit www.tqljobs.com for more information.
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