Rand Logistics Acquires American Steamship Company from GATX Corporation

Oaktree Takes Minority Stake in Rand Logistics from American Industrial Partners

February 17, 2021

Transportation

Funds managed by Oaktree Capital Management’s Transportation Infrastructure Investing Group agreed to acquire a significant minority stake in Rand Logistics from American Industrial Partners. The partnership pairs Oaktree’s transportation infrastructure expertise with AIP’s operational approach to support Rand’s growth across the Great Lakes bulk-freight network.

American Fast Freight Acquires Global Transportation Services

July 7, 2016

Logistics & Distribution

American Fast Freight, a portfolio company owned by The Resolute Fund II (managed by The Jordan Company), has acquired Global Transportation Services, Inc., a Kent, Washington–based freight forwarding and 3PL provider. GTS will operate as a subsidiary of AFF with Jason Totah remaining as President and reinvesting in AFF; the deal expands AFF’s geographic footprint and creates a broader global logistics platform.

Radiant Logistics Acquires USA Logistics Services, Inc. and USA Carrier Services, LLC

April 1, 2025

Logistics & Distribution

Radiant Logistics, Inc. (NYSE American: RLGT) has acquired USA Logistics Services, Inc. and USA Carrier Services, LLC, two Philadelphia-based freight forwarding and cartage operations that have operated as part of Radiant's Service By Air brand since 2014. The acquired businesses will transition to the Radiant brand and combine with Radiant's company-owned Philadelphia operations; a portion of the purchase price is contingent on future performance and Mike Boyce will serve as General Manager of the combined team.

A&R Logistics (Wind Point) Acquires RJ's Transportation

July 30, 2021

Transportation

A&R Logistics, a portfolio company of Wind Point Partners, has acquired RJ's Transportation, a Port Allen, Louisiana-based provider of bulk liquid transportation and related trucking services. The add-on strengthens A&R's liquid chemical platform and expands its Gulf Coast geographic coverage while RJ's founder and president will remain involved in the combined business.

Rand Logistics Acquires Andrie, LLC

July 31, 2024

Transportation

Rand Logistics, a Duration Capital Partners-backed Great Lakes bulk-shipping platform, has acquired Andrie, LLC from Auxo Investment Partners. The deal expands Rand’s service offering into liquid bulk commodities (asphalt, cement, refined oil products, calcium chloride) while Andrie will continue to operate under its existing management and brand.

Radiant Logistics Acquires Select Logistics, Inc. and Select Cartage, Inc.

February 7, 2024

Logistics & Distribution

Radiant Logistics, a publicly traded third-party logistics provider based in Renton, Washington, has acquired Select Logistics, Inc. and Select Cartage, Inc., two Doral, Florida–based freight forwarding and cartage businesses that have operated under Radiant's Adcom Worldwide brand since 2007. The transaction includes earnout-based consideration and will see Select transition to the Radiant brand and combine with Radiant's existing South Florida operations, with Gabby Santos named General Manager and co-founder Hector Cavallo departing to pursue other interests.