Roadrunner Transportation Services is connecting its Midwest markets with the West Coast by acquiring Bullet Freight Systems and its logistics unit, Caliber Logistics.
Bullet, with headquarters in Anaheim, Calif., offers "premium" less-than-truckload services in California, as well as truckload, intermodal and air freight services through Caliber Logistics.
The addition of Bullet makes Roadrunner a major transportation provider in the Los Angeles and Pacific Northwest markets and enhances its position in the Chicago market, the Milwaukee-based company said.
“We have successfully doubled our company’s size in the past four years despite the economic downturn," said RRTS President and CEO Mark DiBlasi. "Acquiring Bullet enhances our ability to serve customers and expands our core competencies."
Roadrunner was the 40th largest U.S. trucking company ranked by revenue in 2008, reporting $537 million in sales, according to The Journal of Commerce's list of Top 50 Trucking Companies, prepared by SJ Consulting, Pittsburgh, and The Journal of Commerce.
Bullet and Caliber will operate as a separate division of Roadrunner called Bullet Transportation Services.
Contact William B. Cassidy at wcassidy@joc.com.