Rockfarm Supply Chain Solutions Continues Strong Growth with Announcement of $2M Acquisition of RT&T Truckload Brokerage Division
East Dubuque, IL (PRWEB) July 09, 2013 -- Rockfarm Supply Chain Solutions (formerly known as Rockfarm Logistics) announced the acquisition of RT&T’s truckload brokerage division. With this acquisition, the combined supply chain and logistics company has gone from a consolidated revenue of zero to $61M in five years.
“This acquisition will benefit our clients by adding additional services and reducing process redundancies. This, in turn, enables us to broaden our solutions while improving our cost of service price point,” said CEO Todd Colin. “All our services will operate on one platform which provides visibility to clients that may not have had that level of visibility before they joined us.”
Rockfarm Supply Chain Solutions started operations in 2008 with longtime logistics professionals Todd Colin and Brad Stewart. Through organic growth, Rockfarm has realized a 50% increase over the last two years with $40M in revenues. The truckload brokerage division of RT&T also began in 2008 and has achieved 110% growth in two years with $21M in revenues.
Beyond the acquisition, the company has just started two more divisions. These will provide Global Freight Forwarding Services and Quality Audit Services in China.
To describe the reason for their success in the down economy, President Brad Stewart said, “We focus on providing clients an integrated logistics management platform that maximizes process efficiency and streamlines the resources required to execute the supply chain for both our client and Rockfarm. By driving ownership of the supply chain at the client level, our logistics professionals are devoted to delivering value rather than back office functions. As a result, Rockfarm can deliver world class capabilities and logistics services at a price point that traditional Logistics Service Providers cannot compete with.”
Rockfarm operates offices in East Dubuque, Chicago, Houston, Milwaukee, Phoenix and Shenzhen, China.
About Rockfarm Supply Chain Solutions
Rockfarm Supply Chain Solutions is a worldwide supply chain management, technology, and consulting company. The company is headquartered in East Dubuque, IL. For more information, visit rockfarm.com.
About RT&T
RT&T is a transportation solutions provider specializing in Truckload and Dedicated Fleet Services. They are located in East Dubuque, IL. For more information, visit rttlogistics.com
Traci Greer, 913-488-4199, [email protected]
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