Recent Acquisition Prime360 was acquired by 48forty Solutions in April 2021, indicating a strategic consolidation in the pallet management sector, which may open opportunities for complementary logistics and supply chain services.
Market Focus Operating primarily in truck transportation with a focus on pallet brokerage and management services for large retailers and distributors, Prime360 represents a potential partner for companies requiring specialized pallet and freight solutions.
Technology Capabilities Utilizing a range of technologies including Microsoft Azure, MySQL, and Google Analytics, Prime360 demonstrates a modern IT infrastructure that can support scalable logistics solutions, offering prospects for tech-enabled supply chain efficiencies.
Business Size and Revenue With an employee base of 501-1000 and revenue between 10 to 25 million dollars, Prime360 is positioned as a mid-sized enterprise, suggesting potential for customized vendor or partner solutions that match its operational scale.
Growth Opportunities The integration into 48forty solutions and existing relationships with major retailers point to ongoing expansion plans and demand for innovative logistics services, creating avenues for sales of supplementary services such as fleet management, technology upgrades, or sustainability initiatives.