BET Founder Bob Johnson Buys Regional Trucking Company

Former BET chairman and CEO Robert L. Johnson announced today that his company RLJ Equity Partners has purchased a Virginia-based, family-owned waste hauling company, R. Thompson Trucking.

R. Thompson Trucking, which has a fleet of over 150 tractors, 100 dump trucks and 500 trailers, works with industrial recyclers and waste collection companies in Virginia and North Carolina. The company will now be known as RLJ Thompson Trucking.

“RLJ Thompson Trucking is the leading transportation company in the Mid-Atlantic,” Johnson said. “We are pleased to partner with a company that has earned a reputation as one of the safest and most reliable carriers in the region. Thompson is a trusted brand and we are delighted and look forward to working with Richard L. Thompson, the president and CEO, to further expand the company’s presence throughout the country. My goal is to make RLJ Thompson the largest minority owned transportation company in the country.”

Source: Atlanta Daily World.