Roadrunner Transportation Systems said it has acquired the Southeast drayage division of Transport Corporation of America Inc. for about $1.2 million.
Last year, the drayage division generated about $20 million in revenue, Roadrunner said.
The deal “enhances the scale and density of our intermodal services in the Southeast, complementing our asset-light service offering with the addition of over 100 independent contractors,” said Roadrunner Intermodal Services President Ben Kirkland.
“We will absorb the TA Drayage operations into our existing Southeast [Roadrunner Intermodal Services] locations,” he said in a statement.
TA Drayage primarily transports imports and exports for steamship lines and intermodal marketing companies from the ports of Charleston, S.C., Norfolk, Va., and Savannah, Ga.