Welcome to a New Era in Truck Parking Management
In a significant move to combat the ongoing shortage of secure parking options for truck drivers across the United States, TRUX has joined forces with Truck Park Management. This merger establishes TRUX Parking as the leading truck parking management firm in the country, poised to revolutionize the industry.
Addressing a Critical Shortage
With over 3.5 million truck drivers on the road and only one parking spot available for every 11 drivers, the American Transportation Research Institute highlights a severe gap in parking facilities. This lack of availability increases operational costs, forces drivers to park in unsafe areas, and exacerbates driver fatigue—a major factor contributing to accidents.
“This merger allows the new entity to expand rapidly, acquiring and operating high-demand parking locations across the U.S., optimizing site operations and providing a long-term solution to the truck parking shortage,” TRUX Parking stated. “It marks a significant step toward making safe, secure, and reservable truck parking available to all of America’s truck drivers.”
A Nationwide Mission to Enhance Parking
TRUX Parking is set to acquire and manage parking assets, offering advanced lot management solutions to other operators. This expansion aims to ease the burden on both drivers and fleet operators, addressing current challenges and preventing future shortages as demand for parking grows.
Consistency in Quality and Service
“TRUX Parking is dedicated to creating a dependable, high-quality experience at every location,” emphasized the company. Each location is equipped with essentials like bright lighting, secure fencing, electric gate access, clean restrooms, dumpsters, and around-the-clock security cameras. Some premium sites even feature on-site truck repair services, ensuring a consistent standard of comfort and safety.
A Robust Team of Experts
The merger brings together two dynamic teams, combining expertise and resources to address the growing parking deficit. The expanded team will drive property acquisition and management efforts, ensuring drivers have access to well-maintained and strategically located facilities.
Leadership by Industry Veterans
Led by seasoned executives, the merged company is poised to lead the effort in resolving the truck parking scarcity. The leadership team includes:
- Danny Loe, CEO and board member, with over 25 years in logistics, formerly President of ArcBest’s Asset-Light Logistics Division.
- Todd Denton, COB, an entrepreneur with experience in healthcare and technology.
- Chip Patterson, board member, founder of AmeriPark and 12 Oaks Parking, with over 40 years in parking management.
- James Reed, board member, head of Logistics at Wal-Mart and former president of USA Truck.
- Gary Enzor, board member, who elevated Quality Distribution Inc. in bulk chemical transportation.
- Jason Bates, board member, with finance and logistics expertise from Quantix Supply Chain Solutions.
- Shaleen Devgun, board member, EVP and CIO at Schneider, known for logistics technology innovation.
- Stephen LaFrance, board member, founder of Tempus Realty Partners, expanded USA Drug into a leading pharmacy chain.
Transforming the Truck Parking Landscape
“The merger of TRUX and TPM sets the stage for a new era in truck parking management,” the company stated. With expanded resources and a strong leadership team, TRUX Parking aims to aggressively pursue property acquisitions and optimize site operations, delivering much-needed safe, reliable parking solutions and driving change in an industry in dire need of solutions.
Source: The Trucker
