Saia acquires brokerage, 3PL business

July 5, 2012

Less-than-truckload carrierSaia has acquired Robart Transportation and its subsidiary, The RL Services Group (the Robart Companies).

Based in Duluth, GA, the Robart Companies provide truckload brokerage and logistics services.

“This acquisition supports our strategic goal of diversifying our portfolio of service offerings,” said Richard O’Dell, Saia president & CEO. “Sharon Burton, who currently serves as president and CEO of the non-asset based company, will continue to lead the operations of the acquired companies.”

In 2011, the Robart Companies had $12 million in revenue. The purchase price is approximately $7.8 million, plus an earnout subject to performance of the acquired companies in 2013, Saia said.

Saia intends to rebrand the Robart Companies under the Saia name in the fourth quarter of 2012.

“By enhancing our service capabilities, there are distinct advantages for our customers,” said O’Dell. “I believe this acquisition will provide solid growth opportunities. The Robart Companies bring the strength of longstanding customer relationships as well as their unique expertise in truckload and logistics segments to the Saia portfolio. We are very excited to welcome Robart’s employees and customers to Saia.”  

 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

The Road Ahead: 2025 Trucking and Fleet Insights

Discover how fleet operators are impacted by challenges like driver onboarding delays and complex compliance, and the critical need for technology to boost efficiency and cut ...

Driving Growth: How to Manage More Freight

Ready to grow your trucking business? Whether you have 25 or 200 trucks, this guide offers practical tips and success stories to help you expand with confidence. Discover how ...

How to Maximize Fleet Management with Vehicle Bypass

Join us on February 18th to learn how truck weigh station bypass systems boost fleet performance and driver satisfaction.

Optimizing your fleet safety program using AI

Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.