Trucker Access › Forums › Diesel News › RoadOne Acquisition Expands Reach into Southwest – Equipment
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May 7, 2024 at 10:15 am #18767EazyRiDer66Keymaster
RoadOne IntermodaLogistics, a single source intermodal, warehouse, and logistics services company, is expanding its reach in the Southwest with the acquisition of Texas-based regional intermodal service provider, The Transporter Inc.
With about 150 drivers, Transporter provides local and over the road solutions, drayage, reefer, hazmat, bonded, dry van and flatbed services, an in-house brokerage service, and secure container yards in Houston and Dallas. The company will now be known as Transporter IntermodaLogistics, a division of RoadOne.
Russ Cook, president, who founded Transporter in 1988, will retire from the business after more than 34 years serving shippers and logistics providers. His two sons, Jeff Ebel, VP of operations, and Greg Cook, VP of sales, will remain with the company as vice presidents running the day-to-day operations of Transporter IntermodaLogistics and as shareholders in RoadOne.
“The Transporter team is a perfect match for RoadOne,” said Ken Kellaway, president and CEO at RoadOne IntermodaLogistics, in a statement. “Their focus on strong customer relationships is 100% in line with our company beliefs and commitment to the industry. The U.S. Southwest is an important market, especially as we see container volumes increase in the Gulf.”
With this acquisition, RoadOne continues its expansion in the U.S. Southwest region, as The Transporter brings offices in Houston, Dallas, and Laredo, Texas. Since November 2022, RoadOne also has announced the addition of a new Houston branch office and the transition to a 480,000-square-foot transload facility, located in the overweight corridor in Pasadena about 5 miles from the port.
Ridgemont Equity Partners, a middle market private equity firm, recently announced the recapitalization of RoadOne, alongside RoadOne’s co-founders and Nonantum Capital Partners. This transaction provides RoadOne with significant capital for growth to support strategic acquisitions and continued investment in technology and platform operations.
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