Brown previously worked in the circulation and delivery departments for both the The New York Times (NYT) and The Wall Street Journal (WSJ). However, when his corporate career with those companies was nearing an end, he decided to take a leap of faith and become an entrepreneur. He had been overseeing the delivery of copies of WSJ for around 12 years before he and a group of other workers were furloughed in 2000-2001. However, that setback was the beginning of a whole new success for Brown .
Brown saw his possibility of unemployment as a leap of motivation to start his career as an entrepreneur. A native of Orange, New Jersey, Brown’s grandparents owned and operated a community grocery store for over fifty years, according to The Network Journal.
In a recent interview with TNJ, Brown stated, “I convinced the company (WSJ) to let me take over my circulation and delivery responsibilities as an independent contractor versus a salaried employee.”
The company saw this move as cost-effective and ended up giving Brown a severance package as well as awarding him a contract for his delivery services. “I was able to hire all 27 carriers and additional staff, and LCB Trucking was born,” added Brown.
However, like the old saying goes, all good things must come to an end. Brown was faced with yet another setback when the disturbing news came that WSJ signed a new deal with a new delivery service, NYT. They were now in charge of handling national delivery services for the company, ending their relationship with LCB Trucking . “I couldn’t compete with the cost savings the Times was offering. Losing the contract with the Journal almost put me out of business,” said Brown.
More than 12 years later, Brown and LCB Trucking have not only survived, but have grown over the years. They moved into one of the most competitive companies when it comes to dump truck and debris hauling. For example, the company signed a big contract with New Jersey Transit. They were given a multi-million dollar contract to work on the Access to the Regions Core tunnel project. Although that plan was later cancelled, the trucking company continues to see growth. In the past three years, profits have nearly tripled for the company.
Originally story written by Ryan Brennan for Financial Juneeth