Roar Logistics Purchases Legend Transportation Group
May 05, 2014
The third-party logistics provider, Road Logistics, has purchased Legend Transportation Group.
The acquisition folds LTG, including its third-party logistics model and its online, less-than-truckload services for the retail store openings, mining, high-tech plant movement, gas and oil, and the energy industry into Roar's operations.
The purchase by the New York-based ROAR includes LTG's headquarters location in Phoenix, giving Roar two western U.S. operations.
Bob Russell, the company's president and chief operating officer and Rick Mueller, the company's president of business development, are joining ROAR's strategic management team, Russell as vice president of managed solutions and Mueller as vice president of supply chain solutions.
Financial terms of the deal were not disclosed.
Founded in 2003, Roar Logistics offers rail, ocean, air and road transportation logistics services and is a subsidiary of global food company Rich Products, headquartered in Buffalo.
In January 2013, Roar announced the opening of its first office on the West Coast, in Temecula, Calif., to extend its reach into Mexico and position the company in proximity to some of the most-active ports in America. Legend's Arizona base of operations will reinforce that western presence, according to Roar.