Category Archives: News

Target Freight Management’s Truckload division has been named #71 on the Inc. 500 list!  We are happy to see our fast-growing division continue to rise on this national list.  Last year, Truckload was #82 and the division jumped 11 spots this year.  Mike Mitruski, Director of Truckload, says the growth is attributable to the fact that, “we’re big enough to get national competitive pricing but small enough to tailor our services to each companies’ specific needs.  No company is too big or too small to get the same attention from us.”

We know there are more great things to come from Truckload as the division continues to grow.

Target Freight Management has been confirmed a winner of the 2017 Best Places to Work in Western PA by the Pittsburgh Business Times.  We are always excited to see our name on this list since the employee survey dictates our score  It’s great to know that we outperform the national average on employee satisfaction and happiness.  Undoubtedly, our leadership, benefits and [non-] corporate culture contribute to our ability to make this list.

TFM and TFM Truckload have both made the 2016 Fastest Growing Companies List, recently announced by the Pittsburgh Business Times.  On August 18, we’ll find out the exact placement on the list for both divisions at the reception that evening.

In 2012, TFM took the #1 position as the fastest growing company in the region and has remained on this list every year since.  Our goals were planned and deliberate and this honor is as exciting as it is every year.

This is a first-time honor for our young TFM Truckload division. This group has been aggressive with new client acquisition since we started and it is paying off.

We’ll keep you posted on where we land on the list.  TFM and TFM Truckload will be represented at the reception.  We’re looking forward to another wonderful evening in the company of these successful, growing businesses.

Mike Wagner, President & CEO, won the Ernst & Young 2017 Entrepreneur of the Year Award. On June 16, at a black tie gala at the Wyndham Hotel Downtown Pittsburgh, Mike was named the EOY Award Winner for the Service Category. He’ll move on as a finalist for the National EOY Awards at a ceremony in Palm Springs in November.

Research shows that companies founded by EOY award winners grow faster than other businesses, beating annual US GDP growth by as much as 100%. The winners have taken their businesses public at a rate three times the US average and outperformed the US stock market every year since the program’s inception. Further, they’ve consistently beat US job growth. These results would rank them #16 on the list of the worlds’ largest economies.

Way to go, Mike! We’re so proud of you.

And the winner is…Mike Wagner. Enjoy these 2 minutes of inspiration as he accepts this award.

We are happy to announce that we will be attending the National Hardware Show in Las Vegas on May 9-11th. We hope you’ll come visit us in Booth 7065 and find out how our range of services can benefit your business. We will also be giving away some great prizes there and hosting a cocktail party Tuesday night! We’d love to see you in Vegas!

Find everything you need to move your business forward at the 2017 National Hardware Show, where you will see thousands of exhibitors representing 15 major product categories, and a Show floor layout that will help you find the products & exhibitors you’re looking for.

Where: Las Vegas Convention Center, Las Vegas, NV; Booth 7065
When: May 9-11th 2017

One day, while working as a salesman for Overnite Transportation (now UPS Freight), Mike Wagner offered a customer a great set of rates. But the shipper said he didn’t need Wagner; the rates he already had with Overnite were lower than any Wagner could produce on his own. The shipper had obtained those rates from a third-party logistics (3PL) provider.

“That’s when I decided I had to get into the 3PL business,” Wagner says. Six months later, he started working for AFS Logistics. And less than four years after that, he founded his own 3PL, Target Freight Management (TFM), based in Pittsburgh. It took Wagner four months to sign his first account, but by month eight he turned a profit. In 2016, TFM expects to gross $65 million.

Read the rest of this article and the entire Interview with Mike Wagner by clicking here.

Pittsburgh’s Number One Fastest Growing Company of 2012 – Target Freight Management

Pittsburgh Business Times Article
Jennifer Curry Managing Editor- Pittsburgh Business Times

What does it take for a company to grow 2,000 percent in three years?
For Target Freight Management, the answer is to keep your trade secrets just that — secret.
The three-year-old company, formed in January 2009, got off to a slow start but quickly picked up steam, increasing revenue by 2,235 percent between 2009 and 2011, making it the Pittsburgh region’s fastest-growing company.

While President Michael Wagner was hesitant to get into too many details about how he managed to get a successful company up and running in the midst of the worst economic times since the Great Depression — after all, why would you reveal your best strategies to the competition, he reasoned — he did sit down with the Business Times to talk about launching the company and the lessons he learned along the way.