en.Wedoany.com Reported - Open Road Ventures (ORV) announced the acquisition of Double-Stack Logistics, a strategic partnership that establishes ORV's position in the intermodal logistics sector and enables Double-Stack to expand its services and pursue new growth opportunities in North America.

Against the backdrop of rising fuel prices and supply chain pressures, Double-Stack has emerged as a leading intermodal freight brokerage firm. The company provides rail transportation services to shippers and manufacturers seeking cost-effective alternatives to trucking, serving several major US shippers and owning and operating over 150 rail containers.

Mike Riccio, founding member of Open Road Ventures and founder of More Than Miles Consulting, stated that high fuel prices are driving shippers and manufacturers to seek more cost-efficient freight transportation methods, and loading products onto rail can significantly reduce transportation costs within the supply chain.

Double-Stack is one of the few US companies with direct rail contracts and container assets. Its position as an asset-based intermodal marketing company (IMC) is a key differentiator and the primary reason ORV chose it as its first acquisition. Joe Kolb, founder and CEO of Double-Stack, said that joining ORV was essentially about having the right people to support the company's growth and help maximize its potential. He noted that the company owns its own fleet of rail containers, which is quite unique for a mid-sized firm, and that as part of ORV, the company will become stronger.

Double-Stack has direct contracts with Class I railroads, a qualification held by only a few dozen out of over 10,000 logistics companies nationwide. Most transportation and logistics providers must rely on third-party intermediaries to access the rail network. Approximately half of the company's revenue comes from standard over-the-road (OTR) trucking and traditional intermodal services, while the other half comes from highway-to-rail conversions. Kolb stated that the company takes on freight that typically does not use intermodal services and works with railroads to shift these goods from trucking to intermodal transport.

The partnership with Open Road Ventures provides Double-Stack with opportunities to accelerate growth and unlock efficiencies. Through ORV, Double-Stack gains access to additional financial and operational resources while reducing the administrative workload of running a busy freight brokerage. Kolb noted that the shared services agreement with ORV was a key selling point. Riccio stated that through Open Road Ventures, business owners can access the resources of a top-tier national freight brokerage while preserving their legacy, brand identity, and operational advantages.

Double-Stack is now targeting rapid growth. Kolb said the company has completed major projects and now is the time to consolidate these into stable, ongoing opportunities with Open Road Ventures. He mentioned that Double-Stack focuses on intermodal services but can add many other products to its portfolio to support growth. According to ORV, this is just the first of many acquisitions. Riccio noted that ORV's goal is to bring together like-minded business owners with logistics tools, allowing each entity to benefit from each other's expertise, and has a pipeline of acquisition projects, looking forward to welcoming new partners in the coming months.

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