Long-haul LTL carrier Roadrunner is cutting transit times in 66 lanes and adding more direct routes and truck drivers as freight demand from its shippers remains strong, company executives say.
Headquartered in Downers Grove, IL, Roadrunner, a less-than-truckload operator, specializes in long-haul, metro-to-metro shipping. oadrunner has more direct routes between its 32 service centers than its traditional hub and spoke peers.
04 Feb 2016
Organic and acquisition-fueled growth in 2015 were not enough to offset declining freight volume and falling fuel surcharge revenue in the last three months of the year for Roadrunner Transportation Systems.
21 Nov 2015
Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
07 Oct 2015
Roadrunner Transportation Systems is expanding in Canada after having recently made a number of moves to increase its service in Mexico.
02 Sep 2015
The acquisition of three companies over the past year, the latest being Stagecoach Cartage in El Paso, gives Roadrunner Transportation Systems greater access to freight on both sides of the U.S.-Mexican border.
13 Aug 2015
The 28 percent drop in retail diesel fuel prices in the second quarter cut shipper transportation expenses and boosted trucking profits, with the publicly owned motor carriers tracked by JOC.com increasing their combined operating profit by 13 percent. Higher sustainable profits in turn fuel the expansion of capacity needed by shippers.
29 Jul 2015
A slew of acquisitions helped Roadrunner Transportation increase truckload revenue. The company's LTL revenue, volume and tonnage dropped, but profits climbed.
28 Jul 2015
Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution for $35 million, continuing the buying spree it embarked on in 2013 as merger and acquisition activity dominates the transportation and logistics industries.
12 Jun 2015
New service centers in Phoenix and Salt Lake City will help Roadrunner deepen its less-than-truckload coverage across the southern tier of U.S. states.
08 Apr 2015
Trucking revenue has become increasingly concentrated, as the number of carriers with more than $1 billion in annual revenue more than doubled over the last decade. That's good for shippers, SJ Consulting Group says.
01 Dec 2014
Pricing power and advances in technology are spurring innovation in LTL pricing, encouraging carriers to test out dimensional-weight pricing and other alternatives to class-based tariff rates as they seek more dynamic, flexible pricing models.
11 Aug 2014
Roadrunner Transportation has entered into a definitive deal to acquire Active Aero Group for $115 million.
31 Jul 2014
Roadrunner Transportation Systems reaped the benefits of an aggressive acquisition strategy in the second quarter, as truckload revenue soared year-over-year. Robust truckload and brokerage revenue helped compensate for weaker growth in less-than-truckload sales.
22 Jul 2014
Roadrunner Transportation drove deeper into the non-asset logistics business this week by acquiring Integrated Services, a $21 million Midwestern regional logistics provider.
03 Jul 2014
Roadrunner Transportation Systems has appointed a president for each of its three business segments, completing the reshuffling of its executive team.
30 May 2014
After five years of economic growth, less-than-truckload carriers are making progress toward rebuilding their profitability, a review of LTL carrier operating ratios shows.
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
12 May 2014
April showered less-than-truckload carriers with freight, as shippers responded to a surge in consumer spending in March and increased industrial demand.
17 Mar 2014
Roadrunner Transportation Systems is expanding its international logistics business by acquiring Unitrans International, a non-asset logistics provider, for $55.5 million.
26 Feb 2014
Roadrunner, one of the fastest growing large trucking companies, is expanding its truckload business faster thanks to acquisitions, including its purchase of Rich Logistics.
06 Feb 2014
Roadrunner Transportation Services extended its streak of rapid profit growth for the 14th consecutive quarter in the fourth quarter of 2013.
22 Jan 2014
Shippers have a new way to book less-than-truckload freight and compare LTL truck rates — an online LTL spot rate marketplace launched by uShip and 16 asset-based LTL carriers.
30 Dec 2013
Roadrunner Transportation Systems has promoted Brian van Helden to the role of chief operating officer.
31 Oct 2013
Roadrunner reported its net income available to common stockholders in the third quarter of 2013 was $13.2 million, jumping 34.0 percent year-over-year from $9.9 million.
22 Oct 2013
20 Sep 2013
Roadrunner Transportation Systems has acquired substantially all of the assets of YES Trans, a refrigerated truckload service provider based in Salisbury, Mass.
12 Sep 2013
Roadrunner Transportation Systems has acquired all of the outstanding equity of G.W. Palmer Logistics for about $2.5 million, plus an earn-out capped at $2.8 million.
16 Aug 2013
Roadrunner Transportation Systems has acquired certain assets of the U.S. Southeast drayage division of Transport Corp. of America, an intermodal transportation provider in the Southeast, for about $1.2 million.
14 Aug 2013
Roadrunner Transportation Systems has commenced a public offering of 4.3 million shares of its common stock, at a price of $27.00 per share to the public.
31 Jul 2013
Roadrunner Transportation Systems today reported its net income available to common stockholders in the second quarter of 2013 was $14.0 million, jumping 37.0 percent from $10.2 million in the second quarter of 2012.
25 Jul 2013
Roadrunner Transportation Systems has acquired all of the outstanding membership interests of Marisol International for $66 million, plus an earn-out capped at $2.5 million.
14 Jun 2013
Roadrunner Transportation Systems’ outbound, less-than-truckload service center operations have commenced in Kansas City, Mo.
01 May 2013
Roadrunner Transportation Systems reported net income available to common stockholders in the first quarter of 2013 was $10.6 million, increasing 33.4 percent from $7.9 million in the first quarter of 2012.
01 May 2013
Roadrunner Transportation Systems on April 30 announced two acquisitions.
15 Apr 2013
Roadrunner Transportation Systems will open new service centers in Florida to expand its less-than-truckload outbound capabilities.
07 Feb 2013
Trucking and logistics company Roadrunner Transportation reported that its profit in the fourth quarter of 2012 increased 38.8 percent year-over-year to $9.5 million from $6.9 million.