Sell or Buy a Trucking Company in Illinois

Your complete guide to trucking and freight business transactions. Valuations, DOT compliance, and fleet considerations.

Illinois Trucking Business Market

$750K
Avg. Sale Price
2.5-4.0x
SDE Multiple
4.0-6.0x
EBITDA Multiple
15,000+
IL Trucking Companies

Trucking Business Overview

Illinois is a major transportation hub, with trucking companies serving local, regional, and national freight needs. The industry offers essential services but requires significant capital investment and regulatory compliance.

Trucking companies benefit from Illinois's central location, diverse customer base, and growing e-commerce demand. Success depends on fleet management, driver retention, and operational efficiency.

Trucking Business Valuation

Business TypeMultiple RangeBasis
Local/Regional2.5x - 3.5xSDE
Long-Haul2.0x - 3.0xSDE
Specialized Freight3.0x - 4.5xSDE
Asset-Light/Brokerage3.5x - 5.0xSDE

Key Valuation Factors

  • Fleet condition: Age, maintenance, and value of trucks/trailers
  • Customer contracts: Dedicated lanes and contract stability
  • Driver retention: Experienced drivers and turnover rates
  • DOT compliance: Safety rating and compliance history
  • Operating authority: MC number and insurance coverage

Selling a Trucking Company

Key Selling Considerations

  • Fleet inventory: Detailed list of trucks, trailers, and equipment
  • DOT records: Safety rating, inspections, and compliance history
  • Customer contracts: Active contracts and lane agreements
  • Driver roster: CDL drivers and retention plans
  • Financial records: Revenue per mile, operating ratio, and profitability

Illinois Regulatory Compliance

  • FMCSA Operating Authority (MC Number)
  • DOT Number and safety rating
  • Illinois Commerce Commission registration
  • IFTA (International Fuel Tax Agreement) compliance
  • IRP (International Registration Plan) registration
  • Commercial auto and cargo insurance

Buying a Trucking Company

Key Buying Considerations

  • DOT compliance review: Safety rating and violation history
  • Fleet inspection: Professional assessment of all equipment
  • Driver interviews: Meet key drivers and assess retention
  • Customer verification: Confirm contract terms and relationships
  • Insurance review: Coverage adequacy and claims history

Trucking Business Types

🚛 Long-Haul

Interstate freight transportation.

📦 Local/Regional

Short-haul and delivery services.

❄️ Refrigerated

Temperature-controlled freight.

🏗️ Flatbed

Construction and heavy equipment.

⚠️ Hazmat

Hazardous materials transport.

📋 Freight Brokerage

Asset-light logistics.

Ready to Buy or Sell a Trucking Company?

Get expert guidance for your Illinois trucking business transaction.