CASE STUDY - ST Freight Tony Abts was working for Elite Freight Solutions in 2010 when Steve Schenian bought the brokerage. Its name soon changed to ST Freight; other more substantial changes followed. “In 2010 Elite was a $3 million a year company,” Tony explained. “Last year ST turned $22 million. ” ST Freight is based in Manitowoc, Wisc., on Lake Michigan. Steve Schenian, owner of Steve Schenian Trucking in nearby Francis Creek, Wisc., is an entrepreneur who invests in local companies. In 2008, according to the Wall Street Journal, he bought and revived a bankrupt Manitowoc furniture factory. Two years later Schenian acquired Elite. “I was working for Elite Freight Solutions as general manager. I came with the company,” Tony explained. “When Steve came on board he asked what we had to d

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