A federal grand jury indicted two former trucking employees of Roadrunner Temperature Controlled, alleging the pair orchestrated a scheme to steal nearly $113,000.
The former CFO of Roadrunner Transportation Systems was sentenced to two years in prison for his role in a complex securities and accounting fraud scheme on Tuesday.
A federal jury found former Roadrunner Transportation Systems CFO Peter R. Armbruster guilty on four counts of violating federal securities laws in a $245 million securities and accounting fraud scheme. It acquitted two former controllers of Roadrunner’s truckload division.
Roadrunner fully exits truckload business and announces financial improvement. The company adds former Celadon CEO to the board.
YRC Worldwide expands regional next-day service throughout the South. The announcement follows similar expansion plans from competitors.
As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border trade will continue to expand. The key for shippers and carriers will be figuring out how they are going to tackle the market in the near future, said Jesus Alvarez, […]
Truck drivers and employees for Rich Logistics, which is owned by Roadrunner Transportation Systems, were notified by letter on September 30 from the company’s president that it was closing five terminals and significantly reducing its workforce at five locations.
