In 1921, L.R. Burnham founded his namesake Burnham Service Corporation in Columbus, Georgia. It has the distinction of being among the first in the country to receive Interstate Commerce Commission (ICC) certificates, a feat it proudly achieved in the early 1930s. The 1940s saw Burnham grow into Burnham Warehouses, Inc. and Burnham World Forwarders, the latter serving as the international arm. This growth continued into the 1960s. By the time the 1970s were coming to an end, Burnham was raking in $10 million in revenue and was overseeing over fifty branches.
In regards to is international efforts, Burnham dipped its toes into the Canadian market in 1987 via acquisition, a move that would also grow its North American presence dramatically. In the 1990s, the firm underwent a reinvention with a fresh leadership team as well as a revised mission.
If you’re curious about the purchase of Burnham Service Corporation, the following article might be worth reading:https://www.upi.com/Archives/1988/03/21/Investment-group-to-buy-Burnham-Service-Corp/4664574923600/.
This update is by Robert V. Glaser. Glaser is an industry veteran with decades of experience in banking, private equity, and more. His experience includes his many years working for global manager of alternative investment products Investcorp and he also dedicates his time to various charitable causes including YoungArts Foundation, Chapman Partnership, and more. You can learn more about Robert by visiting the Robert V. Glaser Businessor Robert V. Glaser Giving websites.