Roadrunner Transportation
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Logistics
Roadrunner sells off after tough quarter, call focuses on the turnaround
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) reported a loss of $1.78 per share compared with the break-even consensus estimate. The…
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Legal issues
Former Roadrunner CFO joins two others under indictment; SEC also levies charges
Peter Armbruster was not in the original indictment from last year but now joins two other execs facing criminal charges…
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News
Roadrunner Freight introduces app to connect contractors with loads
Roadrunner Freight has introduced a smartphone app that leverages technology to increase transparency and reduce downtimes for independent contractors.
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Company earnings
Roadrunner revenues slide in fourth quarter, company posts $58.5M full-year operating loss
Revenues are falling at Roadrunner Transportation Systems, but management remains confident the company is heading in the right direction.
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Infographics
Pick up Today, Deliver Tomorrow!
LTL shippers account for around 13.6% of America’s trucking sector, shipping almost $48B each day or about 63 tons of…
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Company earnings
Roadrunner’s rights offering leaves Elliott Management owning 90% of the company
With the completion of the rights offering, the beleaguered carrier has a completely new capital structure.
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Airfreight
Another step in the comeback of Roadrunner: a mainstream analyst is following them again
Analyst Bruce Chan at Stifel praises the reorganization at the company that suffered an accounting scandal and sees the base…
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Company earnings
Roadrunner rights offering OKd; Elliott Management likely to end up owning almost all of it
The formula for the rights offeirng could leave Elliott in control of more than 95% of the company’s outstanding common…
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Company earnings
Roadrunner defends its upcoming recapitalization plan, sees itself on track after so-so earnings
Its financial metrics were not strong, but management sees recapitalization as key to its future.
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Canada
Hub Group enters LTL consolidation sector with $255 million acquisition of CaseStack
Intermodal services firm to boost presence in consumer goods sector with acquisition of LTL consolidator and brokerage.
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