R&R Express Acquires Load to Ride (LTR)

Radiant Logistics Acquires Universal Logistics, Inc.

May 5, 2025

Logistics & Distribution

Radiant Logistics, Inc. (NYSE American: RLGT) acquired the operations of Universal Logistics, Inc., a Texas-based freight forwarder with Houston operations that has operated under Radiant’s Airgroup brand since 2001. Universal specializes in time-sensitive domestic and international air and ocean freight for oilfield services and HVAC customers; its Houston operations will transition to the Radiant brand during 2025 as Radiant consolidates its presence in the market.

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.

Knight-Swift Acquires Dependable Highway Express LTL Business

July 30, 2024

Transportation

Knight-Swift Transportation Holdings has acquired the less-than-truckload (LTL) operations of Los Angeles-based Dependable Highway Express from Dependable Supply Chain Services. The deal expands Knight-Swift's West Coast and Southwest LTL footprint—adding terminals and doors to its AAA Cooper division—to support the company's goal of building a nationwide LTL network.

RK Logistics Group Holdings Acquires On Time Trucking

February 22, 2024

Logistics & Distribution

RK Logistics Group Holdings, a Fremont, California-based 3PL, has acquired Farmingdale, New York-based On Time Trucking, expanding RK's network into the Northeast U.S. The deal adds On Time Trucking’s LTL fleet and 60,000 sq. ft. warehouse capabilities and positions RK to offer lithium-ion battery and specialized material storage and transportation services on the East Coast; On Time’s founder Daniel Leitgeb will continue as President.

Platinum Equity Acquires L&R Distributors

July 1, 2020

Logistics & Distribution

Platinum Equity has acquired L&R Distributors from affiliates of the company's founders. L&R, a Brooklyn-headquartered wholesale distributor and e‑commerce fulfillment operator serving over 17,000 U.S. retail locations, will continue to be led by CEO Marc Bodner under Platinum Equity ownership as the firm looks to scale the business through organic growth and strategic M&A.

Radiant Logistics Acquires On Time Express, Inc.

October 4, 2013

Logistics & Distribution

Radiant Logistics, Inc. (NYSE MKT: RLGT) has acquired Phoenix-based On Time Express, Inc., a privately held provider of dedicated line-haul and time-critical domestic and international logistics solutions. The deal has an aggregate base purchase price of $20.0 million with additional performance-based earnouts; On Time Express will operate as a subsidiary of Radiant Transportation Services and provide capacity to Radiant's 90+ location network.