Roadrunner Transportation Systems, Inc., a leading transportation and logistics service provider has signed a definitive agreement to sell its wholly-owned Unitrans, Inc. subsidiary to Quick International Courier for a purchase price of $95 million in cash. Based in Los Angeles, Unitrans is a leading international cold chain logistics company with a core competency in serving […]
Roadrunner Transportation Systems, Inc. (NYSE: RRTS), a leading asset-light transportation and logistics service provider, has reported that revenues for the quarter ended June 30, 2014 increased 38.6% to $460.2 million from $331.9 million for the quarter ended June 30, 2013. Second quarter 2014 net income available to common stockholders was $14.8 million compared with $14.0 […]
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) has announced that it has acquired Integrated Services, ISI Logistics and ISI Logistics South, a regional logistics provider based in Kokomo, Indiana. The total purchase price was $13 million, and was financed with borrowings under Roadrunner’s credit facility. Pat McKay, president of Roadrunner said, “In addition to adding capability […]
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) has announced the appointment of a president for each of its three business segments. Grant Crawford joins Roadrunner as President of the company’s Less-than-Truckload (LTL) segment. Patrick McKay has been promoted to President of Truckload Logistics (TL). Kevin Charlebois has been promoted to President of Transportation Management Solutions (TMS). […]
Roadrunner Transportation Systems (NYSE: RRTS) has announced that Mark T. Peterson has joined the company as Executive Vice President of Sales, and Robert M. Milane joins as Vice President of Risk Management. In the newly created position of Executive Vice President of Sales, Peterson will serve as Roadrunner’s top sales executive, responsible for leading the […]
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) has announced that it has acquired all of the outstanding stock of Unitrans International Corporation, a leading, non-asset based provider of international logistics solutions based in Los Angeles. The total purchase price of $55.5 million was financed by borrowings under Roadrunner’s credit facility. Unitrans offers its customers international ocean […]
