RICH Logistics
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RICH Logistics - overview
Location
Little Rock, AR, US
Primary Industry
Logistics & Distribution
About
Rich Logistics provides premium time-definite truckload services across North America, specializing in both scheduled and unscheduled freight solutions to ensure timely deliveries. Rich Logistics is a logistics company based in Little Rock, US, which focuses on freight transportation. In February 2014, Roadrunner Transportation Services acquired Rich Logistics, though financial terms were not disclosed. The founder's history is not provided.
Rich Logistics specializes in offering premium time-definite truckload services throughout North America. Their core services include scheduled truckload solutions for regular shipments requiring precise delivery times and unscheduled expedite services for urgent transport needs. The company ensures efficient supply chains by delivering shipments on time across Canada, the United States, and Mexico, catering to clients who rely on Just In Time (JIT) logistics. Their door-to-door services, particularly between the U.
S. and Mexico, streamline supply chains by minimizing delays and costs, making them attractive to various businesses that depend on reliable freight transport. Rich Logistics reported a revenue of USD 113. 00 mn for the year 2013.
Their revenue is generated through a B2B model based on both scheduled and unscheduled freight services, with pricing linked to the urgency and complexity of shipping needs. This structure supports long-term partnerships with clients who value dependable logistics solutions. As part of its growth strategy, Rich Logistics will leverage its recent acquisition to enhance service offerings and expand market reach. The company aims to introduce new expedited services and improve existing logistics solutions by mid-2015.
Additionally, Rich Logistics plans to target expanded operations into Central and South America by 2016, utilizing resources from the recent acquisition to support these initiatives.
Current Investors
Roadrunner Transportation Services, Inc., Dawes Transport, Inc.
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Trucking
Website
www.richlogistics.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
RICH Logistics - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | RICH Logistics | - |
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