RK Logistics Group Holdings Acquires On Time Trucking
February 22, 2024
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.
- Buyers
- RK Logistics Group Holdings, Inc.
- Targets
- On Time Trucking
- Industry
- Logistics & Distribution
- Location
- New York, United States
- Transaction Type
- Buyout
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