Pittsburgh-based R&R Family of Companies faces scrutiny over payment issues and lender support as top executive at a subsidiary is terminated. The company employs over 500 truck drivers, brokers, mechanics, and office staff across multiple states. Affiliated entities like R&R Express and Taylor Express may be experiencing operational disruption and tightened credit terms. RFX CEO Nate Lourie’s termination adds to the uncertainty surrounding the company. Multiple industry sources have raised concerns about slow or missing payments, leading to increased worry from carriers and credit providers. Despite repeated requests for comment, R&R Family of Companies has not responded to inquiries. The company’s family of companies includes Giant Energy Solutions, GT Worldwide, Paradigm brokerage, R&R Power Only, R&R Global, RFX refrigerated freight logistics, and Taylor Express. This is a developing story that FreightWaves will continue to cover.
Read more at Yahoo Finance: R&R Family of Companies faces uncertainty amid executive departure, payment concerns
