R2 Logistics Reports Final 2011 Results

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R2 Logistics, Inc., a third party logistics provider, today released its growth results for fiscal year ended December 31, 2011.

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We expect 2012 to show similar reults.

Abridged results for the company as a whole and the individual operating branches for 2011 are as follows:

Twelve Months Ended December 31
Percent Change

R2 Logistics
-Total Revenue: 50%
-Gross Profit: 57%
-Operating Percentage: 5%
-Total # of Loads: 33%
-Net Income: 102%

Columbus, OH Branch
-Total Revenue: 44%
-Gross Profit: 59%
-Operating Percentage: 10%
-Total # of Loads: 28%

Detroit, MI Branch    
-Total Revenue: 29%
-Gross Profit: 36%
-Operating Percentage: 5%
-Total # of Loads: 16%

Jacksonville, FL Branch
-Total Revenue: 206%
-Gross Profit: 191%
-Operating Percentage: -5%
-Total # of Loads: 146%

Contributing to the growth seen during 2011 was the addition of several industry leading customers which included The Scotts Company, a lawn and garden company, Owens Corning, insulation and building material manufacturer, Green Bay Packaging, producer of paperboard packaging, Cott Beverage, a retailer brand beverage company, Niagara Bottling, bottled water corporation, and Tekni-Plex, packaging and tubing material manufacturer.

“We are very proud to be able to continue our track record of annual growth. The recession has been hard on many companies. Our results are a direct reflection of our attitude to not accept the recession as an excuse for poor effort,” said Ben Gase, president and chief executive officer of R2 Logistics. “We’re here to compete, not only with fair pricing, but by offering premier customer service that is unmatched in the 3PL market. We expect 2012 to show similar results.”

About R2 Logistics, Inc.
R2 Logistics, Inc. is a third-party logistics company headquartered in Jacksonville, Florida. The company works with over 16,000 transportation providers nationwide. R2 Logistics delivers industry-leading services through three primary operating branches. These branches focus primarily on full truckload transportation, as well as services including less-than-truckload (LTL), expedited freight, intermodal, certified hazardous material, specialized hauling and supply chain management. For more information about R2 Logistics, visit http://www.r2logisticsteam.com.

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Jeffrey Schroeder
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