R&R Express grows portfolio with addition of Denver-based fleet

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%

videojs.getPlayer('1760350945680480669').ready(function() {
var myPlayer = this;
myPlayer.on("loadedmetadata", function() {
var browser_language, track_language, audioTracks;
browser_language = navigator.language || navigator.userLanguage; // IE <= 10
browser_language = browser_language.substr(0, 2);

audioTracks = myPlayer.audioTracks();
for (var i = 0; i < audioTracks.length; i++) {
track_language = audioTracks[i].language.substr(0, 2);
if (track_language) {
if (track_language === browser_language) {
audioTracks[i].enabled = true;
}
}
}
});
});

The post R&R Express grows portfolio with addition of Denver-based fleet appeared first on FreightWaves.

Source: freightwaves - R&R Express grows portfolio with addition of Denver-based fleet
Editor: Todd Maiden