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PT Company

  

PT Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  PT Company, officially known as PT Brokers, was founded in 1999. The company emerged from a partnership between Jimmy Pettigrew and Bobby Tims, who aimed to establish a freight brokerage business specializing in dry bulk commodities. The founders brought diverse backgrounds, with Pettigrew having experience in food distribution and Tims in finance. This combination of expertise laid the groundwork for a rapidly growing logistics enterprise.

  

Parent Company/Ownership Structure

  PT Brokers operates as a private entity under the legal name PT Corporation, Inc. The company is structured to focus on providing logistics and freight brokerage services across the United States, with a dedicated team of logistics consultants and brokers.

  

Headquarters Location

  The headquarters of PT Brokers is situated at 201 East Sunflower Rd, Suite 12, Cleveland, Mississippi, 38732, USA. This central location allows the company to effectively manage operations across various regions.

  

Global Business Scope

  While PT Brokers primarily serves the United States market, its operations extend nationwide, with agents strategically located to cater to diverse shipping and logistics needs. The company specializes in bulk freight, including grains, fertilizers, and other commodities transported using hopper bottom trailers.

  

Main Regulatory Bodies

  PT Brokers operates under the regulatory oversight of the Federal Motor Carrier Safety Administration (FMCSA) and holds necessary operating authorities, including MC # 363374 and DOT # 2225265.

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2. Company History and Development

  

Key Milestones

  • 1997: Jimmy Pettigrew sells his food distribution business and begins exploring the logistics industry.
  • 1999: PT Brokers is officially founded, focusing on dry bulk freight.
  • 2004: Co-founder Jimmy Pettigrew retires, but the company's core principles continue under Bobby Tims' leadership.
  • 2010s: Expansion of services to include general freight and a broader range of trailer options.

  

Business Expansion Journey

  Over the years, PT Brokers has evolved from a niche player in dry bulk transportation to a comprehensive logistics provider. The company has expanded its service offerings to include flatbed, refrigerated, and oversize freight, catering to a wider array of customer needs.

  

Customer Base Growth

  PT Brokers has seen significant growth in its customer base, serving a diverse range of clients from agricultural producers to industrial manufacturers. The company's commitment to customer service and innovative logistics solutions has contributed to its reputation as an industry leader.

  

Platform Development History

  The company has invested in technology to enhance its logistics coordination and customer service capabilities. This includes developing a user-friendly website and utilizing logistics management software to streamline operations.

  

Important Awards or Recognitions Received

  While specific awards were not detailed in the reviewed information, PT Brokers is recognized within the industry for its operational excellence and customer service.

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3. Trading Services Offered

  

Forex Trading Options

  PT Brokers does not primarily focus on forex trading, as its core services are centered around freight and logistics. However, the company does provide a variety of transportation solutions for bulk commodities.

  

Stock Trading Options

  Similar to forex trading, PT Brokers does not engage in stock trading services. Its operations are strictly within the logistics and freight brokerage domain.

  

CFD Trading Products

  The company does not offer Contracts for Difference (CFDs) as part of its service portfolio.

  

Other Financial Instruments

  PT Brokers specializes in the transportation of various commodities, including:

  • Grains: Corn, wheat, and soybeans.
  • Fertilizers: Various types for agricultural use.
  • Sand and Gravel: For construction and industrial applications.

  

Special Services or Unique Advantages

  PT Brokers distinguishes itself through its extensive network of agents across the country, allowing for personalized logistics solutions tailored to individual customer needs. The company also emphasizes quick pay options for carriers, enhancing its appeal within the logistics community.

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Detailed Regulatory Information

  PT Brokers operates under the following regulatory bodies:

  • Federal Motor Carrier Safety Administration (FMCSA)
  • Department of Transportation (DOT)

  

  The company operates as a single legal entity across the United States, with various regional offices to manage local operations effectively.

  

Client Fund Protection Measures

  As a licensed freight broker, PT Brokers adheres to regulatory requirements that include maintaining surety bonds to protect client funds and ensure compliance with federal regulations.

  

Countries/Regions Served

  Primarily servicing the United States, PT Brokers has a nationwide reach, catering to clients in various states with a focus on bulk freight transportation.

  

Compliance History

  PT Brokers has maintained an active operating status since its founding in 1999 and continues to comply with federal regulations governing the logistics and transportation industry.

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5. Competitive Landscape

  

3-5 Main Competitors

  • DATS Trucking Inc.: A logistics provider specializing in various freight services.
  • Shipex Logistics: Focused on providing tailored shipping solutions.
  • AWL Transport: A competitor in the bulk transportation sector.

  

Positioning in the Industry

  PT Brokers positions itself as a leader in dry bulk commodity transportation, leveraging its extensive network and customer service focus to differentiate itself from competitors.

  

Market Differentiation Factors

  Key factors that set PT Brokers apart from its competitors include:

  • Specialization in Dry Bulk Freight: A focus on specific commodities allows for tailored solutions.
  • Nationwide Network of Agents: Ensures localized service and support for customers.
  • Commitment to Customer Service: A strong emphasis on client needs and innovative logistics solutions.

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  In conclusion, PT Company, through its dedicated services and expansive network, continues to be a significant player in the logistics and transportation industry. With a history rooted in strong principles and a commitment to customer service, it stands out as a reliable partner for shippers and carriers alike. For those interested in learning more about PT Brokers and their services, please visit their official website.