Huntington sues 24 R&R companies over more than $12M in debt

Huntington alleges the defendants are jointly and severally liable for the outstanding obligations, meaning the bank contends it can seek repayment of the debt from any or all of the companies covered by the loan agreements.

The lawsuit is the latest legal action stemming from the financial collapse of R&R, whose operations began shutting down in January, leaving employees without jobs and carriers and other creditors pursuing unpaid bills.

Huntington says more than $12M remains outstanding

According to the complaint, Huntington and S&T Bank entered into a Second Amended and Restated Credit and Security Agreement with R&R companies and other borrowers on March 18, 2022.

The agreement included a revolving loan commitment of up to $85 million, along with a $3.675 million term loan.

Court documents show a Huntington revolving note was later amended to approximately $65.9 million, while a separate revolving note involving S&T Bank totaled approximately $19.1 million.

The borrowers pledged substantially all of their assets as collateral for the operating loans, according to the complaint.

Huntington alleges the 24 defendants are jointly and severally responsible for obligations under the credit agreement and describes them collectively as part of a broader group of freight forwarding, trucking and logistics companies known as “R&R Express Co.”

As of June 8, the outstanding balance of the operating loans exceeded $12 million, excluding legal fees, costs, default interest and other charges, according to Huntington.

The bank is seeking a money judgment for the outstanding balance, along with post-judgment interest, attorneys’ fees and costs.

The allegations have not been adjudicated.

Related:  R&R Family of Cos. faces uncertainty amid exec departure, payment concerns

Lawsuit maps R&R’s sprawling corporate structure

The complaint also provides a detailed look at how many of the companies were connected through R&R Express Holdco and RFX.

Among the relationships identified by Huntington:

The ownership structure is particularly significant because several of those companies operated under distinct names and in different segments of the freight market while remaining connected through R&R’s holding-company structure.

New Taylor Transportation is tied to Taylor Express, the North Carolina trucking operation whose employees were abruptly laid off in January. Load to Ride was another trucking operation acquired by R&R before the company’s financial problems intensified.

RFX operated as one of the organization’s freight brokerage businesses.

Related: Former employees detail turmoil before R&R Family of Companies collapsed

Bank says companies could no longer pay creditors

Huntington’s complaint traces R&R’s financial deterioration to the prolonged freight downturn that followed the pandemic-era trucking boom.

The bank alleges R&R’s financial condition declined during the freight recession and that the deterioration accelerated during 2025.

By late 2025, Huntington and S&T had notified R&R-related borrowers that they would no longer provide additional advances under the operating loans, according to the complaint.

Huntington alleges the defendants subsequently “ceased operating due to a lack of liquidity and access to financing.”

The bank lists several alleged events of default, including missed debt-service payments, defaults by other co-borrowers and a real estate transfer by one borrower.

More significantly for trucking companies still seeking payment, Huntington alleges that the borrowers acknowledged in writing that they were unable to pay creditors as debts came due.

The complaint also specifically alleges that the defendants failed to pay carriers in a timely manner, which Huntington contends constituted another default under the credit agreement.

Related: AGX sues R&R, Huntington over frozen credit line, unpaid carrier invoices

Unpaid freight claims continue to surface

The Huntington litigation comes as carriers and other freight companies continue attempting to recover money from R&R-related businesses.

In a separate case, Illinois-based motor carrier Amerixpress Inc. sued R&R Express Logistics in February, alleging it had transported 37 loads but had not received $152,050 in freight charges. The complaint said Amerixpress completed and delivered the shipments and invoiced R&R for the work.

Amerixpress ultimately obtained a default judgment against R&R Express Logistics. The court entered judgment May 14 awarding Amerixpress $152,050 plus costs.

Documents attached to the Amerixpress lawsuit also illustrate how R&R’s payment problems reached beyond individual carriers. Some Amerixpress invoices contained notices assigning the receivables to factoring company RTS Financial Services and directing payment to RTS.

FreightWaves has continued hearing from companies in recent months seeking information about unpaid R&R and RFX invoices and the status of efforts to recover those funds.

No bankruptcy proceeding involving the R&R companies is identified in the Huntington complaint. Instead, creditors and lenders have increasingly turned to individual lawsuits to pursue repayment.

Why it matters: Huntington National Bank’s lawsuit against R&R Family of Cos. sheds new light on the interconnected companies behind R&R, while unpaid carriers and other freight creditors continue trying to determine where they can turn for recovery.