JB Hunt acquires final mile service provider

From the January 2020 issue.

JB Hunt Transport Services subsidiary, JB Hunt Transport, Inc., acquired the assets of RDI Last Mile Co. on 31 December 2019.

The transaction was funded using JB Hunt’s existing revolving credit facility.

“Growing our final mile delivery capabilities is a priority, and the acquisition of RDI further extends our expertise in furniture delivery,” said JB Hunt CEO, John Roberts.

Founded in 1987, RDI provides home delivery services of big and bulky products in the Northeast region of the US. RDI uses contract carriers to perform primarily furniture deliveries and generates annual revenue of $35 million USD.

“Providing our customers with a comprehensive, high-quality delivery experience drives our final mile services, RDI is a reputable furniture delivery provider, and we are excited to welcome them to JB Hunt," said JB Hunt Executive Vice President of Dedicated Contract Services, Nick Hobbs.

Final Mile Services is a division of JB Hunt’s Dedicated Contract Services business unit and operates one of the largest nationwide, commingled cross-dock operations with the ability to serve 100 per cent of the contiguous
US.

RDI is the company’s third acquisition in as many years. JB Hunt acquired Cory 1st Choice Home Delivery in 2019 and Special Logistics Dedicated in 2017. With the RDI acquisition, Final Mile Services will expand its home delivery capabilities and grow to include more than 104 locations and 3.2 million square feet of warehouse and facilities space.

JB Hunt announced its planned succession last month.

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