RoadLink USA, Inc. announced that it has expanded its national service platform and strengthened its presence in the Midwest by acquiring Chicago-based Unity Distribution Group and Ohio-based Reserve Transportation Services, both leaders in the intermodal trucking business. RoadLink is a portfolio company of Fenway Partners, a leading middle-market private equity firm that focuses on the transportation/logistics/distribution and branded consumer industries.
Unity, a Midwest leader in international drayage, operates primarily in Illinois, Indiana, Michigan, and Ohio. Reserve provides intermodal trucking services, with core volumes coming primarily from Michigan, Ohio, Indiana, and the Chicago metro areas. Together, the two companies will add approximately 400 independent contractor drivers to RoadLink's fleet, bringing its total truck count to over 2,000 and significantly enhance the Company's services in the Midwest. Financial terms of the transactions were not disclosed.
Chris Munro, President and Chief Executive Officer of RoadLink, stated, 'Through these acquisitions, RoadLink is building on our platform of strong operations in the Midwest, enabling us to continue to expand both our client base and the services we will be able to provide to our customers. In particular, because of Unity's and Reserve's extensive experience in the automotive and retail sectors, the acquisitions provide RoadLink with significant growth opportunities in these key sectors.'
John Anderson, Chairman of RoadLink, added, 'This expansion represents another step in RoadLink's plan to grow its business through the strategic acquisition of companies that complement our national platform. We believe the consolidation of the highly fragmented intermodal market space that is currently underway affords an excellent opportunity for RoadLink to further solidify our position as the industry leader.'
Earlier RoadLink announced that it had acquired World S.S. Inc., a premier North American freight handling company. In January, RoadLink acquired, Transus Intermodal, LLC, a leading provider of intermodal trucking services in the southeastern United States.
