A federal appellate court has upheld the conviction of ex-Roadrunner Transportation Systems CFO Peter Armbruster for his role in a securities and accounting fraud scheme that cost shareholders $245 million.
The less-than-truckload industry continues to expand its footprint. Saia Inc. has added terminal capacity again, this time transitioning into a new 200-door terminal in Memphis, Tennessee.
Forward Air adds traditional LTL service to more of its facilities as carriers put more assets to work in the space.
In today’s edition of The Daily Dash, Roadrunner Transportation exits the truckload business; a road for autonomous vehicles only; and NFI makes a large acquisition.
In today’s edition of The Daily Dash, Roadrunner continues its revamp with the spinoff of its Ascent Global Logistics business. Plus, Hurricane Hanna leaves its mark on Texas, and e-commerce robots arrive.
Roadrunner Transportation Systems to spin off global logistics segment, emerging debt-free in the process.
After delisting from the NYSE, Roadrunner Transportation Systems announces it will add three new less-than-truckload facilities this summer. The expansion is part of its re-organization focused on asset-light offerings.
Roadrunner Transportation Systems announces the sale of another business unit, this time unloading Stagecoach Cartage and Distribution.
Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.
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