By Ed Marcum, Knoxville News Sentinel
Maryville-based Vanquish Logistics is moving to Lebanon to capture a bigger share of a growing short-haul market in the Nashville area.
Vanquish Logistics is the short-haul arm of parent company Vanquish Worldwide, founded by Marine Corps veteran and entrepreneur Eric Barton. Vanquish Logistics will be relocating its headquarters and operations to a 10-acre facility in Lebanon to take advantage of growing opportunities there, Barton said in a news release.
“We are already supporting 42 percent of FedEx Ground operations in the Nashville regional terminal by managing daily pickup and delivery (P&D) routes,” Barton said in the release. “This expansion just made sense for our operations. With this transaction, we are poised to increase support to current and future customers.”
In 2013, Vanquish started its relationship with FedEx, handling seven service routes in the Nashville area. It is now FedEx’s largest independent pickup and delivery service provider in both the Nashville and Knoxville markets, Jon Helpingstine, Vanquish’s FedEx ground manager, said in a statement.
“Just two short years in the business, we’ve exponentially grown,” Helpingstine said in a statement. “We have 53 pickup and delivery trucks in the Knoxville and Nashville markets, 25 line haul trucks in Nashville and 85 full-time employees.”
In 2014, Vanquish began providing FedEx line haul services, delivering loads between terminals.
The Nashville operations include Brentwood, Mt. Juliet, Lebanon and surrounding areas.The Lebanon facility will give Vanquish an operating point centrally located to its customer base, Barton said. This will result in savings both for Vanquish and its customers. It will allow Vanquish to up its customer base within a 270-mile radius of Middle Tennessee, which is one of the most growing areas in the Southeast.
Vanquish Logistics does business with more than 450 firms across the nation and is about to close 2016 with more than 5 million road miles. In the past few months, the company has landed multi-million dollar contracts with companies including Nissan, Lamtech, National Logistics and Carlex Glass America.
Vanquish Logistics is one of 20 business ventures that Barton owns. A week ago, Vanquish Worldwide announced it had secured three contracts totaling $200. Vanquish will be supplying U.S. Army Logistics Readiness Center support at five locations around the country. This will include providing maintenance support on vehicles and equipment, operating facilities for central issue, retail supply warehousing and ammunition supply, maintaining property accountability, managing fuel labs and hazardous materials and other services.
Barton, who is an 11-year Marine veteran, founded Vanquish Worldwide in 2007. It provides construction, facility support, security, transportation, information technology and other services for government and commercial clients.
Barton made the news recently when he bought the iconic West Knoxville mansion Villa Collina at an auction Oct. 26. The 36,720-square-foot, 50-room home is considered one of the nation’s largest and has been featured on film and television. Barton was one of seven bidders at the auction, and purchased the property for $6.375 million.
However, Barton said he does not plan to live in the estate. He said he wants to find a way it can be opened to the community, possibly for fundraising events for nonprofit organizations.
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This post was written by Stephanie Myers