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RK Logistics Group Holdings acquired On Time Trucking, the the company announced Last week.
The Fremont, Calif.-based third-party logistics provider said the addition of the LTL and trucking specialist in Farmington, N.Y., expands its service network to the five boroughs of New York, New Jersey and Long Island. Terms of the acquisition were not disclosed.
It also positions the company to offer lithium-ion battery and materials storage services on the East Coast, which has been a growth area for the company since 2014, according to the release.
“This is a highly strategic acquisition for RK that allows us to offer lithium-ion battery and material storage services to support our East Coast energy transition customers,” said RK Logistics Group Holdings President and CEO Joe Maclean .
On Time Trucking founder Daniel Leitgeb will continue to lead the business as president, according to the announcement.
His company has a fleet of 15 tractors, 30 dry truck trailers and 32 straight (box) trucks, supported by about 100 employees, RK Logistics told Trucking Dive in an email. On Time Trucking also operates a 60,000-square-foot, 40-door warehouse facility in Farmingdale, New York.
RK Logistics launched nearly 30 years ago and specialized in serving high-tech, semiconductor and vehicle manufacturers in northern California.
It later expanded its logistics service offerings to include EV manufacturing, specifically lithium-ion battery storage and logistics.
In addition to the Long Island company, which plants an East Coast flag, RK Logistics’ network includes California operations in Fremont, Hayward, Newark and Livermore as well as facilities in Ann Arbor, Michigan. Austin, Texas? and Phoenix, Arizona.