Mr. Sze brings substantial and publicly recognized experience in transportation and logistics to Shepherd Partners. He was President and CEO of The Clipper Group, a leading provider of third party logistics (3PL) and multimodal transportation services worldwide. His experience includes full and less than container load ocean shipping, freight forwarding, TL and LTL trucking, refrigerated transport, truck and intermodal brokerage.
Mr. Sze joined Clipper as Director of Research and Development. He was later appointed CEO after successfully he initiated three startups and positioned Clipper to compete effectively in the deregulated environment. Under his leadership, Clipper migrated from the highly challenged domestic forwarding industry into new growth areas that complemented its legacy business. He re-engineered Clipper into a virtual transportation provider by replacing union labor, trucks, brick and mortar terminals with non-union subcontractors. This transformation simplified Clipper’s business, lowered operating cost, and freed up Clipper’s capital to invest in new ventures.
After attaining the best operating income in Clipper history, Mr. Sze and the founder’s family sold the business to Arkansas Best Corporation for $61 million (11 times EBITDA, 6 times book). As the 3PL/multimodal arm of Arkansas Best, Clipper generated peak revenue of $189 million.
Andy is a member of the Executive Committee of the Business Advisory Council, Northwestern University Transportation Center as well as the Chancellor’s Corporate Advisory Board and Institute for Entrepreneurial Studies Advisory Board, University of Illinois at Chicago. He is a Certified Member and past Director of the American Society of Transportation & Logistics.
He is an inductee of The Chicago Area Entrepreneurship Hall of Fame. Twice, The U.S. Department of Commerce appointed him as an Examiner for the Malcolm Baldrige National Quality Award.
Andy holds a B.S. (High Honors) in Industrial and Systems Engineering from Illinois Institute of Technology, a M.S. in Operations Research from Northwestern University and a MBA from University of Chicago. He is a licensed transportation law practitioner before the Interstate Commerce Commission. In 1999, the Intermodal Transportation Institute of University of Denver recognized him as a Founding Father of the intermodal industry and elected him an Honorary Fellow. He is a member of The Economic Club of Chicago and various professional and civic organizations. A native of Hong Kong, he speaks fluent Cantonese, Mandarin and Shanghai dialect.