JOC Staff | Nov 12, 2012 9:31AM EST
Roadrunner Transportation Systems recently acquired A&A Express, a truckload services provider based in Brandon, S.D., specializing in refrigerated products, for about $24.0 million with an earn-out capped at $2.5 million. It is the latest in a series of buyouts by Roadrunner to ramp up truckload and drayage business.
The acquisition specifically expands the Wisconsin-based company’s refrigerated capacity and presence in the Midwest, Roadrunner President and CEO Mark DiBlasi said.
A&A’s principal former owners will remain in place, he added.
