How Much Did Rapid River Logistics Raise?
Funding & Key Investors

Rapid River Logistics has secured $150K in a major strategic investment, contributing to a substantial total funding amount of $150K. This capital infusion marks a significant milestone for the Gladstone, Michigan-based truckload carrier, underscoring its established presence in the transportation sector.

What is Rapid River Logistics?

Rapid River Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Formed in April 2012 through the merger of Randy Johnson Trucking and Schimke Trucking, LLC, Rapid River Logistics combines over 50 years of trucking industry experience. The company specializes in the transportation of general commodities across the United States, with a strategic focus on the Great Lakes region and the Southeast. Its core operations involve full dry van and flatbed trailer loads, serving diverse industries including paper products, wood products, machinery & equipment, lumber, metals, and forestry. The company's operational model emphasizes direct, point-to-point transportation without intermediate stops or handling, ensuring efficiency and reliability for its varied customer base.

How much funding has Rapid River Logistics raised?

Rapid River Logistics has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Rapid River Logistics?

The recent large-scale, late-stage funding indicates Rapid River Logistics is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in fleet modernization, technological integration for improved logistics management, and potentially the broadening of its service network. The company's established expertise in dry van and flatbed freight, coupled with its strategic geographic focus, positions it for continued growth and increased market share in the competitive trucking industry.

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Frequently Asked Questions Regarding Rapid River Logistics Financial Insights

What are the most recent funding rounds that Rapid River Logistics has completed, and what were the funding rounds?
Rapid River Logistics has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Rapid River Logistics has raised to date?
Rapid River Logistics has raised a total of $150K in funding to date.
How many funding rounds has Rapid River Logistics completed?
Rapid River Logistics has completed 1 funding rounds.
How much funding did Rapid River Logistics raise in its most recent funding round?
Rapid River Logistics raised $150K in its most recent funding round.
Who are the lead investors in Rapid River Logistics's latest funding round?
The lead investor in Rapid River Logistics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Rapid River Logistics's history?
The largest funding round in Rapid River Logistics's history was $150K.
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