Company Background - With the change in the economy, and a decline in available freight, asset and non-asset-based companies are competing for the same, limited business. Non-asset-based service providers are forced to work with asset based intermodal providers who are also competitors. Some of the restrictions and price constraints implemented by asset owners can make it difficult to do business. There is a market need for capacity and service for non-asset-based companies to remain competitive.
Founded in 2011, COFC Logistics, LLC fills this critical need in the industry as an independent supplier of intermodal equipment and service. The Company specializes in 53’ intermodal containers moving on the Class 1 Railways. Prohibited from working directly with beneficial cargo owners (BCOs), COFC serves intermodal marketing companies (IMCs), third party logistics providers (3PLs), brokers, freight forwarders, trucking companies and other intermediaries.
