R&R Express, a leading transportation and logistics firm, announced on Wednesday its acquisition of Load to Ride (LTR), a regional and national carrier based in Denver. This strategic move significantly broadens R&R Express’s service offerings and enhances its operational capabilities.
Although the financial terms of the transaction have not been disclosed, the acquisition marks a pivotal moment for R&R Express. Richard Francis, CEO of R&R, emphasized the advantages of this acquisition, stating, “This acquisition boosts our top-notch customer service and offers more logistics and transportation choices. LTR will enhance all R&R customers by expanding our supply chain solutions.”
Based in Pittsburgh, R&R Express provides a wide range of services, including truckload, LTL, heavy-haul, final-mile, intermodal, power-only, and brokerage services. By integrating LTR’s fleet into its network, R&R will enhance its capabilities. LTR operates over 100 trucks and 200 trailers and specializes in less-than-truckload (LTL) transport, pool distribution, warehousing, and expedited services. Although LTR primarily serves the Western United States with one- and two-day delivery options, it also partners with other carriers to offer national coverage. Consequently, this partnership will allow R&R Express to extend its reach and improve service efficiency.
The acquisition will provide LTR’s customers with access to a larger network of carriers and multimodal services. As a result, this expanded reach aims to offer more robust solutions across the transportation and logistics spectrum.
In conclusion, R&R Express’s strategic expansion through this acquisition underscores its commitment to delivering exceptional service and broadening its logistical capabilities. The integration of LTR’s resources will enhance R&R Express’s ability to meet diverse customer needs and strengthen its position in the industry.
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