Companies “took a pause” acquiring new businesses in 2019, Anderson said, but now many U.S. environment also will be better in 2020 than 2019 for acquisitions, with less uncertainty about foreign trade and the Brexit issue in Europe. “People want to grab players and positions.”Īnderson said the U.S. “I would guess 2020 will see better activity in acquisitions of final-mile and parcel companies,” Anderson said. And final-mile companies appear to be desired by many carriers, said John Anderson, operating partner of Greenbriar Equity Group, a New York-based firm that has several transportation companies, including Lazer Ship, in its portfolio.Īnderson told Transport Topics he expects the pace of logistics-related acquisitions to pick up in 2020, especially as e-commerce grows. Hunt’s purchase of a company that delivers bulky items, usually furniture, could indicate 2020 could be a big year for acquisitions, some transportation analysts and experts say. Hunt’s Final Mile Services will grow to include more than 104 locations and 3.2 million square feet of warehouse and facilities space. Hunt acquired Cory 1st Choice Home Delivery in 2019 and Special Logistics Dedicated in 2017, according to J.B. RDI is the company’s third acquisition in as many years. The acquisition, the company’s third in as many years, will expand our expertise in furniture delivery. in continued growth of Final Mile Services.

Hunt said RDI typically uses contract carriers to make furniture deliveries. RDI provides home delivery service of big and bulky products in the Northeast. The company generated annual revenue of $35 million, according to J.B. RDI, based in South Easton, Mass., was founded in 1987, according to J.B. “Growing our final-mile delivery capabilities is a priority, and the acquisition of RDI further extends our expertise in furniture delivery,” Roberts said in a written statement. CEO John Roberts said the carrier sees opportunity in the growing field of home delivery of large items.

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