If you are interested in what companies does R+L Carriers own, its revenue, net worth, and other key details, this article is for you.
R+L Carriers is a well-established name in the logistics and freight transportation industry renowned for its comprehensive shipping solutions and customer-centric services.
Over the years, the company has expanded its footprint and diversified its portfolio by acquiring several subsidiaries and affiliated companies.
This article delves into the companies owned by R+L Carriers, their contributions to the logistics landscape, and other essential aspects of the parent company.
Who Owns R+L Carriers?
R+L Carriers remains a privately-owned enterprise, deeply rooted in family values. It was founded by Ralph L. “Larry” Roberts Sr. and the Roberts family continues to play a pivotal role in its operations.
The family’s dedication to excellence has been instrumental in the company’s consistent growth and success, ensuring that it remains a dominant player in the logistics industry.
What Companies Does R+L Carriers Own?
R+L Carriers has strategically acquired and operates several companies and brands to enhance its service offerings.
Here are the key subsidiaries, brands, and companies with their respective roles:
R+L Global Logistics
R+L Global Logistics specializes in providing customized supply chain solutions, including international freight forwarding, warehousing, and customs brokerage.
With a presence across multiple countries, the subsidiary’s global reach and expertise enable it to handle complex logistics challenges.
Its solutions are tailored to businesses seeking reliable and efficient international shipping services, making it a cornerstone of R+L Carriers’ international operations.
R+L Carriers Freight
R+L Carriers Freight is the core business of the company, specializing in less-than-truckload (LTL) shipping. This service allows businesses to ship smaller freight loads without paying for an entire truck. R+L Carriers Freight operates a vast network of terminals across the United States, ensuring timely and efficient delivery of goods.
The company is renowned for its advanced tracking technology, competitive pricing, and exceptional customer service.
R+L Carriers Supply Chain Solutions
R+L Carriers Supply Chain Solutions is dedicated to optimizing supply chain operations for businesses. This subsidiary offers services such as inventory management, order fulfillment, and distribution network design.
By integrating advanced technology and analytics, R+L Carriers Supply Chain Solutions helps businesses reduce costs, improve efficiency, and enhance customer satisfaction.
Paramount Transportation Systems
Paramount Transportation Systems focuses on high-value, time-sensitive freight movements. This subsidiary is a trusted partner for industries such as healthcare, technology, and aerospace.
It ensures the safe and timely delivery of critical components and equipment, leveraging advanced tracking systems and specialized handling procedures. Paramount’s meticulous approach to logistics aligns seamlessly with R+L Carriers’ commitment to quality and precision.
RLR Investments LLC
RLR Investments LLC oversees a diverse portfolio of real estate and business investments.
This entity supports the financial backbone of R+L Carriers, ensuring sustainable growth and diversification of revenue streams. Through strategic acquisitions and investments, RLR Investments bolsters the parent company’s operational and financial capabilities, contributing to its long-term stability.
AGX Freight
AGX Freight is a vital subsidiary focusing on expedited freight services. Known for its agility and efficiency, AGX Freight ensures that time-critical shipments reach their destinations promptly.
Its operations are particularly valuable for industries with stringent delivery timelines, such as manufacturing and retail. By integrating AGX Freight into its network, R+L Carriers enhances its ability to meet demanding customer requirements.
R+L Truckload Services
R+L Truckload Services specializes in full truckload (FTL) shipments, catering to businesses that require large-scale transportation solutions.
This division leverages R+L Carriers’ extensive network and state-of-the-art fleet to deliver goods efficiently and cost-effectively across the United States. Its focus on scalability and reliability makes it an integral part of the company’s service portfolio.
R+L Carriers Cross-Border Services
R+L Carriers Cross-Border Services facilitates shipping between the United States, Canada, and Mexico. This subsidiary handles customs clearance, documentation, and compliance requirements, ensuring smooth cross-border transportation.
With expertise in international shipping regulations, R+L Carriers Cross-Border Services simplifies the process for businesses engaged in trade across North America.
R+L Carriers Final Mile Delivery
Recognizing the growing demand for last-mile delivery services, R+L Carriers established its Final Mile Delivery division. This service focuses on delivering goods directly to customers’ homes or businesses, often involving large or bulky items such as furniture, appliances, and electronics.
The Final Mile Delivery team ensures that shipments are handled with care and delivered on time, providing a seamless end-to-end experience for customers.
R+L Carriers Ecommerce Solutions
As e-commerce continues to grow, R+L Carriers has developed specialized services to meet the unique needs of online retailers. R+L Carriers E-Commerce Solutions offers tailored shipping options, including parcel delivery, returns management, and real-time tracking.
It helps e-commerce businesses streamline their operations and deliver a superior customer experience.
R+L Carriers Refrigerated Transport
R+L Carriers Refrigerated Transport specializes in temperature-controlled shipping. This subsidiary is equipped with state-of-the-art refrigerated trailers to transport perishable goods such as food, pharmaceuticals, and other temperature-sensitive products.
By maintaining strict temperature controls throughout the shipping process, R+L Carriers Refrigerated Transport ensures the integrity and quality of the goods being delivered.
R+L Carriers Expedited Services
For time-sensitive shipments, R+L Carriers offers expedited shipping services through its dedicated division. R+L Carriers Expedited Services guarantees faster delivery times, often within 24 to 48 hours, depending on the destination.
This service is particularly valuable for businesses that need to meet tight deadlines or respond to urgent customer demands.
R+L Carriers Technology and Innovation
R+L Carriers invests heavily in technology to enhance its operations and customer experience. While not a separate subsidiary, the company’s technology division plays a crucial role in developing tools such as advanced tracking systems, route optimization software, and customer portals.
These innovations enable R+L Carriers to maintain its competitive edge in the transportation and logistics industry.
When Was R+L Carriers Founded?
R+L Carriers was founded in 1965, starting as a modest family-owned trucking business in Wilmington, Ohio.
Over the decades, it has evolved into a logistics powerhouse with a national and international presence. The company’s rich history is a testament to its commitment to innovation, hard work, and customer satisfaction.
Who Is the CEO of R+L Carriers?
R+L Carriers are led by the Roberts family, with key executives driving the company’s strategic direction.
Although specific titles and roles may vary, the family’s leadership ensures that the company remains true to its founding principles while adapting to the dynamic logistics landscape.
Where Is the Headquarters of R+L Carriers?
The headquarters of R+L Carriers is located in Wilmington, Ohio. This central location allows the company to efficiently manage its extensive network and provide seamless logistics solutions across the United States and beyond.
What Is the Annual Revenue of R+L Carriers?
R+L Carriers has an annual revenue of $5 billion as of October 2024. This impressive figure underscores its position as a leader in the freight transportation industry, driven by its expansive network, diverse service offerings, and commitment to customer satisfaction.
How Many Employees Does R+L Carriers Have?
R+L Carriers employs approximately 18,000 individuals across its operations. This dedicated workforce is the backbone of the company, ensuring the delivery of high-quality logistics services and maintaining the company’s reputation for reliability and excellence.
Conclusion
R+L Carriers stand as a beacon of success in the logistics and freight transportation industry.
With its diverse portfolio of subsidiaries, family-driven leadership, and unwavering commitment to quality, the company continues to set benchmarks in the industry.
From its humble beginnings in 1965 to becoming a multi-billion-dollar enterprise, R+L Carriers exemplifies resilience, innovation, and a relentless pursuit of excellence.
FAQs
What does R and L Carriers stand for?
R+L Carriers stands for the initials of the company founders, Ralph L. Roberts and Larry L. Roberts, who started the business in the early 1960s. The company originated as a family-owned trucking business and has grown into a nationwide logistics and transportation provider.
What do R+L Carriers deliver?
R+L Carriers specializes in the delivery of less-than-truckload (LTL) freight, full truckload shipments, and supply chain solutions. They transport a wide variety of goods, including commercial products, industrial equipment, retail goods, and specialized freight requiring temperature control or hazardous material handling.
How big are R+L Carriers?
R+L Carriers is a prominent logistics company with a robust network of over 155 service centers, more than 13,000 employees, and a fleet of 21,000 tractors and trailers. They operate across the United States, Canada, Mexico, and other international locations, making them one of the largest privately-owned transportation providers in North America.