Transportation/trucking/railroad - New York, New York, United States
Founded in 2002, Daniels Corporate Advisory Company (OTC: DCAC) is a corporate strategy firm centering primarily in transportation services, which provides its subsidiary-startups with unique strategies to incubate and accelerate their growth. Whether in new or existing niche markets, the Company specializes in securing growth capital, placing senior-level management, and utilizing a variety of strategies including joint-ventures, partnerships, and acquisitions to advance the growth of its subsidiaries. The Company provides its collective expertise to promote development & growth with one primary goal: to guide its subsidiaries through the transition from incubation, to sustainable growth, to becoming an independent public company with a listing on a major US Stock Exchange (i.e., American/Small Cap NASDAQ).The Company's first subsidiary Payless Truckers, Inc. ("Payless"), was incorporated in 2018, and rents heavy-duty trucks to independent, experienced truckers. The Company's model involves acquiring trucks at auction or from wholesale buying groups around the country, then renting those trucks to its drivers on a weekly basis (under a 5-year contract, with options to purchase at current retail prices, every 6 months). This model has yielded steady and significant cashflow for Payless, who has grown its fleet to 25 trucks.
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