In Business For The Community
K. Neal Truck And Bus Center Recognized As U.S. Senate Small Business Of The Week
Compiled By D.A. Phillips
Senate Committee on Small Business & Entrepreneurship Ranking Member Ben Cardin (D-Md.) named K. Neal Truck and Bus Center the Senate Small Business of the Week Nov. 14. Cardin’s Congressional Record statement honoring the company follows the ranking member’s visit to the Hyattsville headquarters in October.
In his Congressional Record Statement, Ranking Member Cardin said:
“…On the Senate Small Business Committee, we often speak of small businesses as drivers of economic growth and innovation, but they are often also pillars in their communities, and K. Neal is no exception.
I had the privilege of meeting with Stephen, Korey and several K. Neal executives last month, and I was impressed by the company’s commitment to empowering all its employees and investing in its community.
Half of the executives at K. Neal are women, and for the past five years, the company has partnered with the Prince George’s County Economic Development Corporation to train workers from underserved communities to become diesel technicians. I am proud to share that 14 individuals have completed the program, and eight of them are currently employed by the company.
Thanks to K. Neal’s history of business success and commitment to investing in their community and their neighbors, the United States Black Chambers of Commerce presented its 2019 Emerging Leaders & Influencers Award to the company.
I applaud Stephen and Korey for building a successful company and using their company to make a positive difference in the lives of so many. They have truly made Prince George’s proud.”
In response to the recognition, President of K. Neal Truck and Bus Center, Korey Neal said:
“We're grateful to Senator Ben Cardin and the US Senate on Small Business and Entrepreneurship for this recognition. It reinforces the importance of giving small businesses across the nation an opportunity to prosper so they can in turn reinvest back into their local communities. We have a new state of the art headquarters in Prince George's County and projected 2019 revenue of $100 million. Throughout our expansion of truck and bus dealership services and recruitment of top talent in the past few years, we remain steadfast in our core values "Take care of the customer, Take care of the Associate, and to Reinvest Into the Community."
How Success With Groceries Led To K. Neal Truck and Bus Center
After a decades-long career in the grocery business, Stephen Neal purchased a trucking business and renamed it after his son, Korey.
Today, K. Neal Truck and Bus Center is a full-service multi-location commercial truck and bus dealership whose customers include municipalities, small businesses, Prince George’s County, Virginia Department Of Transportation along with many others. With more than $100 million in annual revenue, the business operates from four locations in the Washington, D.C. Metropolitan area. It is a family-owned and operated business, as well as the second-largest minority-owned commercial truck and bus dealership in the country.
Korey Neal serves as President of K. Neal Truck & Bus Center. Under his leadership, K. Neal has been named a 2018 Top 100 MBE® winner by the Capital Region Minority Supplier Development Council; ranked #37 in the top 100 largest minority-owned businesses in the nation by Black Enterprise Magazine; recognized in Washington Business Journal’s 2019 Family-Owned Business Awards; and received the 2019 Emerging Leaders & Influencers Award by the United States Black Chambers of Commerce. Neal was recently featured in The Washington Informer, Washington Business Journal, Successful Dealer, as well as School Transportation News for his success in the transportation industry.
Over the past five years, K. Neal Truck & Bus Center has partnered with the Prince George’s County Economic Development Corporation to train workers from underserved communities to become diesel technicians, and the company also voluntarily banned the employment application box for returning citizens convicted of nonviolent crimes.
Neal Trucking’s Recent Awards/Recognitions
o 2019 Emerging Leaders & Influencers Award by the United States Black Chambers of Commerce
o 2019 Innovative Wellness Award from the Maryland Chamber of Commerce
o 2019 Family-Owned Business Award Finalist by Washington Business Journal
o 2018 Top 100 Minority Business Enterprise Award by the Capital Region Minority Supplier Development Council
o 2019 Ranked #35 for Black Enterprise Top 100 Largest Black-Owned Businesses
o 2018 Ranked #37 for Black Enterprise Top 100 Largest Black-Owned Businesses
Portions of this story and the images herein were provided courtesy K Neal Trucking And Bus Center