#122 - Two Cousins, Build One-Stop-Shop Trucking & Logistics Empire! - OTR Capital Fritz Owens & Kevin Nolan | #1 The Trucking Podcast

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5 • 661 Ratings

🗓️ 4 January 2022

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#trucknhustle #trucknhustlepodcast Join us this fall at Freight Fest, Trucking Conference Of The Year brought to you by Truck N’ Hustle November 4th-6th Houston TX! Special Offer https://freightfest.com Special thanks to our sponsors for collaborating with us for the FreightFest 2022. You check our Sponsors on the link below, https://linktr.ee/trucknhustlepodcast Kevin Nolan and Fritz Owens are cousins who established a remarkable transportation and freight factoring company! Fritz who earned his Bachelor of Science in Business Administration at Georgetown University’s McDonough School of Business, concentrating in Finance, he worked in equity research in New York as Vice President and Sr. Analyst covering the Gaming & Lodging sector at Calyon Securities (USA), a division of Crédit Agricole Corporate & Investment Bank. Fritz began his carrier in logistics in 2011 joining Nolan Transportation Group (NTG) as its Director of Finance and focused on several strategic initiatives, including building strong relationships with transportation factoring companies. He also co-founded both OTR Capital (2011) and Marquee Insurance (2014) and has served as the Chief Financial Officer and Chief Executive Officer for both companies. Kevin Nolan graduated from Presbyterian College with a bachelor’s degree in Business Administration and Management. He is the Founder, and “Chief Rhino”, of Nolan Transportation Group in 2005, one of the largest and fastest-growing freight brokerages and provider of third-party logistics services in North America. Kevin is a also a cofounder of OTR Capital, one of the biggest freight factoring service provider in United States!

Transcript

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0:00.0	What's up y'all? This is Ramel Watley and welcome to Truck and Hustle, the podcast for trucking entrepreneurs.
0:07.0	If you want to learn about the trucking industry from the business side of things, you're in the right place.
0:12.0	Every week, I interview the people who are making it happen on a daily basis.
0:17.0	I get them to share their successes, their failures, and sometimes even their secrets.
0:21.7	The goal is to show you how you two can create financial freedom in the booming trucking industry.
0:26.7	So sit back, relax, and enjoy the show.
0:30.2	You know, a lot of people underestimate the cash needs for a small freight broker.
0:34.0	Oh, man.
0:34.7	Because, you know, they say, oh, you know, you get paid in 30 and you pay your
0:37.6	truckers in 30, but no, you get paid in. That's where Fritz came in. For the carriers that are
0:43.5	listening, get a carrier sales rep at every big broker that's out there. Get one throat to choke.
0:51.7	Get a carrier sales rep. Because guess what?
0:54.4	Every time you get booked, they get something out of it too.
0:57.6	So they're going to want to take care of you.
1:00.2	Turn my mic up.
1:02.3	Where you?
1:02.9	Take there.
1:04.2	Yeah.
1:04.8	Yeah.
1:05.4	On the road to the riches.
1:08.1	Life takes a toe like bridges.
1:10.4	Good friends
	...

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