How Red Lab Logistics grew to $50 million in
revenue in just five years


Launched in 2019 with little industry experience, Red Lab Logistics focused on solid growth strategies supported by eCapital’s flexible business financing to emerge as a $50M company and a rising star on the Inc. 5000 list of the fastest-growing private companies in America.

Read their story and discover how eCapital’s innovative financing solutions enabled Red Lab to achieve remarkable growth and success in the freight brokerage industry.

The Challenge

As a new entrant to the capital intense and highly competitive transportation industry, Red Lab faced financial constraints and operational hurdles. The company needed to establish financial stability from the start to deliver quality service, build credibility, and gain trust from customers and carriers.

The Solution

Supported by eCapital’s financial backing and industry expertise, Red Lab Logistics transformed from being severely undercapitalized to financial independence. By leveraging flexible financing terms and strategic guidance from eCapital, Red Lab was able to effectively navigate the complexities of the transportation industry, streamline carrier payments, and strengthen its operational networks.

The Story

We spoke with Addison Miles, Owner and Head Of Finance for Red Lab Logistics, and delved into the company’s transformative trajectory and how they conquered financial hurdles through innovative financing solutions.

“Establishing financial stability to secure working capital and ensure consistent cash flow became an immediate priority.” The eCapital experience have helped Red Lab achieve success in a volatile industry.”



As brokers navigate the constant changes, including increasing competition, slow paying shippers, stricter regulations and compliance, the road to profitability is getting longer. Successful freight brokers are fueled by a healthy cash flow. eCapital a factoring company for freight brokers offers carrier payment services, providing fast payment for your carriers and takes care of your billing and collections so you can focus on running a profitable business.

eCapital support infographic

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