An Atlanta investment firm has set its sights on an acquisition spree across the freight market via a holding company built around Alabama Motor Express, which runs a fleet of more than 500 tractors.

Already in the bag for M&T Capital Partners and its newly launched RTB Holdings is the acquisition of JIT-Ex, a Memphis-based truckload carrier that also runs a terminal in Nashville. RTB President Adam McDaniel—who also co-founded M&T in late 2022 after running LTX Solutions for a decade and then holding a senior vice president role at Redwood Logistics—and his team plan to build from there and aren’t planning to stick to asset-based work.

“We are beyond excited to partner [with Alabama Motor Express] on scaling, not only the well-established asset division, but bring along other modal service offerings on the non-asset, tech-enabled side in parallel,” McDaniel said in a statement.

The RTB team has lined up funding from Oxford Financial and says it wants to move quickly on acquisitions in truckload, brokerage, dedicated, managed services, warehousing, and parts of logistics. The company has also set up an AMX Expedited division to focus on time-sensitive freight.

“Our objective is simple: build upon what AMX already does exceptionally well while expanding the solutions we offer customers,” RTB CFO Ryan Tripp said. “By combining strong financial resources, continued disciplined operations, and leading-edge scalable systems, we’re positioned to deliver great value.”