The First Single-Source
Provider of Specialized
Truck and Heavy
Equipment Solutions
Custom Truck One Source aspires to be the leading supplier of trucks and custom equipment to utilities, utility contractors, rail companies, oil and gas companies, forestry services and other specialty equipment operators.
- 30+
- Years in Business
- $1B+
- In Annual Revenue
- 37+
- Locations
- 1800+
- Employees
Custom Truck One Source’s
World Headquarters
In Kansas City, Missouri
Features Over 75 Acres
of Manufacturing,
Servicing, and Office Space
Trusted By
3000+
customers who rely on our vehicles, rental fleet and services.
OUR STORY
Inspired by a family gas station and tow service, Custom Truck One Source was founded by the Ross siblings in 1996 with 15 employees. Now with over $1 Billion in annual revenue and over 2000 employees, Custom Truck One Source’s Central Headquarters now occupies the 75-acre site that formerly housed Armco Steel in Kansas City’s Historic Northeast neighborhood.
True to our name, Custom Truck One Source assembles, sells, rents, and services trucks, cranes, and other heavy equipment across North America and throughout the world. Our clients include some of the largest utilities, telecom, construction, forestry, oil, and rail companies in the nation.
MANAGEMENT
Fred Ross
Chief Executive Officer
Mr. Ross founded Custom Truck & Equipment, LLC, the predecessor to Custom Truck, in 1996 and was actively involved in all aspects of the specialty equipment business, including the entry into new markets and product categories, growing CTE to become one of the leading specialty equipment sales and rental companies. Mr. Ross was the Chief Executive Officer of CTE until affiliates of Blackstone purchased a majority interest in CTE in February 2015, along with several other entities, forming Custom Truck. Mr. Ross has served as the Chief Executive Officer of Custom Truck and a member of its board of directors since its acquisition by Blackstone.
Ryan McMonagle
President & Chief Operating Officer
Mr. McMonagle joined Custom Truck One Source as CFO in 2015, following The Blackstone Group’s investment. He became COO of Custom Truck One Source in 2017. Previously, Mr. McMonagle was CFO of Sound United and DEI Holdings, a portfolio company of Charlesbank Capital Partners, where he was responsible for the continued integration of multiple businesses: Polk Audio, Definitive Technology, and Directed Electronics. Mr. McMonagle was previously CFO and Chief Development Officer for Smashburger, a portfolio company of Consumer Capital Partners. Mr. McMonagle started his career at Bain and Company. Mr. McMonagle received his MBA from Harvard Business School and bachelor’s degree in finance from Southern Methodist University.
