Transportation and logistics provider R&R Express announced Wednesday the acquisition of regional and national carrier Load to Ride (LTR).
Denver-based LTR has a fleet of more than 100 trucks and 200 trailers, specializing in less-than-truckload transportation, pool distribution, warehousing and expedited services. It operates primarily in the West, providing one-day and two-day service but partners with other carriers for national coverage.
Financial terms of the transaction were not provided.
“This acquisition helps strengthen our world-class customer service and provides more logistical and transport options to our customers,” said Richard Francis, CEO of R&R Express. “LTR benefits all R&R Express customers by providing them with expanded customizable supply chain solutions.“
Pittsburgh-based R&R Express consists of a portfolio of transportation providers and 3PLs. The group provides truckload, LTL, heavy-haul, final-mile, intermodal, power-only and brokerage services.
The acquisition is expected to provide LTR’s customers with access to a larger network of carriers and multimodal services.
More FreightWaves articles by Todd Maiden
- Weakness in freight shipments to linger, Cass says
- Yellow’s yield-at-all-cost strategy may be ending
- XPO adds former Old Dominion CFO to board
Dry van freight volumes decline, pushing rejection rates down to 3.35%
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now