HireQuest, Inc. Announces Launch of DriverQuest
04 Août 2021 - 1:45PM
Business Wire
HireQuest Launches New Franchise Offering,
DriverQuest, to Provide Staffing Services to the Transportation and
Logistics Industries
HireQuest, Inc. (Nasdaq: HQI), a national franchisor of
on-demand, temporary, and commercial staffing services, today
announced that it has launched DriverQuest, a new franchise
offering providing staffing services to the transportation and
logistics industries. DriverQuest will focus on staffing drivers
for both long-haul and the high-growth last-mile segments of the
market.
“We are excited to announce the launch of DriverQuest,”
commented Rick Hermanns, HireQuest’s President and Chief Executive
Officer. “In just a short time over 35 existing franchisees have
adopted the offering, and we are looking forward to continuing that
momentum. The demand for long-haul and last-mile drivers continues
to grow and we believe our existing franchise footprint and
customer relationships provide a great platform for the future of
DriverQuest.”
“DriverQuest is a natural extension to our existing on-demand
and commercial offerings and provides another avenue of growth for
new and existing franchisees. HireQuest is committed to pursuing
new opportunities through internal development as well as
M&A.”
About HireQuest
HireQuest, Inc. is a nationwide franchisor that provides
on-demand labor and commercial staffing solutions in the light
industrial, blue-collar, and commercial segments of the staffing
industry for HireQuest Direct, HireQuest, Snelling, and LINK
franchised offices across the United States. Through its national
network of over 200 franchisee-owned offices in more than 35 states
and the District of Columbia, HireQuest provides employment for
approximately 60,000 individuals annually that work for thousands
of customers in numerous industries including construction, light
industrial, manufacturing, hospitality, clerical, medical, travel,
and event services. For more information, visit
www.hirequest.com.
Important Cautions Regarding Forward-Looking
Statements
This news release includes, and the company’s officers and other
representatives may sometimes make or provide certain estimates and
other forward-looking statements within the meaning of the safe
harbor provisions of the U.S. Private Securities Litigation Reform
Act of 1995, Section 27A of the Securities Act, and Section 21E of
the Exchange Act, including, among others, statements with respect
to future economic conditions, future revenue or sales and the
growth thereof; operating results; or anticipated benefits of new
franchised offerings. Forward-looking statements can be identified
by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,”
“believe,” “project,” “estimate,” “expect,” “strategy,” “future,”
“likely,” “may,” “should,” “will,” and similar references to future
periods.
While the company believes these statements are accurate,
forward-looking statements are not historical facts and are
inherently uncertain. They are based only on the company’s current
beliefs, expectations, and assumptions regarding the future of its
business, future plans and strategies, projections, anticipated
events and trends, the economy, and other future conditions. The
company cannot assure you that these expectations will occur, and
its actual results may be significantly different. Therefore, you
should not place undue reliance on these forward-looking
statements. Important factors that may cause actual results to
differ materially from those contemplated in any forward-looking
statements made by the company include the following: the level of
demand and financial performance of the temporary staffing
industry; the financial performance of the company’s franchisees;
changes in customer demand; the effects of any global pandemic
including the impact of COVID-19; the relative success or failure
of acquisitions and new franchised offerings; the extent to which
the company is successful in gaining new long-term relationships
with customers or retaining existing ones, and the level of service
failures that could lead customers to use competitors’ services;
significant investigative or legal proceedings including, without
limitation, those brought about by the existing regulatory
environment or changes in the regulations governing the temporary
staffing industry and those arising from the action or inaction of
the company’s franchisees and temporary employees; strategic
actions, including acquisitions and dispositions and the company’s
success in integrating acquired businesses including, without
limitation, successful integration following the acquisitions of
Snelling and LINK; disruptions to the company’s technology network
including computer systems and software; natural events such as
severe weather, fires, floods, and earthquakes, or man-made or
other disruptions of the company’s operating systems; and the
factors discussed in the “Risk Factors” section and elsewhere in
the company’s most recent Annual Report on Form 10-K.
Any forward-looking statement made by the company or its
management in this news release is based only on information
currently available to the company and speaks only as of the date
on which it is made. The company and its management disclaim any
obligation to update or revise any forward-looking statement,
whether written or oral, that may be made from time to time, based
on the occurrence of future events, the receipt of new information,
or otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210804005168/en/
Company Contact: HireQuest, Inc. Cory Smith, CFO (800) 835-6755
Email: cssmith@hirequest.com
Investor Relations Contact: Hayden IR Brett Maas (646) 536-7331
Email: brett@haydenir.com
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