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%
Supply Chain AI Symposium
Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
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.
Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
The Old Post • Chicago, IL 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