Originally a family owned business founded in Kentucky in 1937, Paschall Truck Lines, Inc. (PTL) has a long, successful history in trucking with annual revenues now in excess of $220 million and terminals in 9 major cities across the Southeast U.S.
The company credits its success to a remarkable employee culture of owning it. The job. The deadline. The personal commitment to get it done. On time. Every time. Everyone at PTL owns it.
So in 2012, the company decided to become 100% employee owned. Now every one really does own it. 100%. Since then, company performance continues to thrive and employee stock has split 15 times.
The opportunity to have ownership and something for retirement attracts some of the best drivers and transportation experts in the industry. It also creates a culture of ownership that makes owner operators and top lease drivers feel right at home. But as big as the company has grown, it still feels like working with family. Drivers say the support they receive from their PTL driver support group exceeds anything they’ve experienced in their careers.