Roadrunner Transportation Systems Inc. announced that it must fix quarterly and annual earnings reports from 2014 until the present due to accounting errors, just two months after the company admitted to miscalculating the leverage ratio on its debt.
January 31, 2017roadrunner News Updates
Roadrunner Reduces Delivery Times
Facing declining revenue and operating profits, the less-than-truckload wing of Cudahy, Wisconsin-based Roadrunner Transportation Systems Inc. has cut transit time for about a fifth of its freight by an average of 20%, an executive said Jan. 26.
January 27, 2017Roadrunner Rebrands Logistics Wing
Roadrunner Transportation Systems Inc. has rebranded its logistics business as Ascent Global Logistics, the trucking company announced Jan. 25.
January 26, 2017Roadrunner Transportation Profits up 37%
Roadrunner Transportation reported net income rose 37% year-over-year to $7.9 million, or 21 cents per share, for the third quarter. One year ago, net income was $5.8 million or 15 cents. Revenues rose 7% to $532.2 million.
November 2, 2016Roadrunner Transportation, Sameday Worldwide Forge LTL Service Agreement
Roadrunner Transportation Systems Inc. announced a service agreement with Sameday Worldwide of Mississauga, Ontario, to move each other's less-than-truckload freight within their respective networks.
August 11, 2016Prime Distribution Services Expands in Plainfield, Indiana
Prime Distribution Services, a Roadrunner Transportation Systems company that provides warehousing, consolidation and transportation services, has opened a second location in Plainfield, Indiana.
May 13, 2016Roadrunner Net Income Plunges 77%
Roadrunner Transportation Systems Inc.’s first-quarter net income plunged 77% to $3.1 million, or 8 cents per share, as profits were undercut by the weak freight market.
May 4, 2016Roadrunner Adds Outbound Vancouver Services
Roadrunner Transportation Systems Inc. announced it has added outbound less-than-truckload service from Vancouver, British Columbia, in response to growing trade moving through the region.
April 29, 2016Freight Forwarder Marisol Opens El Paso Office
Freight forwarder Marisol International, a Roadrunner Transportation Systems Inc. unit, said it has opened a new office in El Paso, Texas, to enhance cross-border freight services.
March 4, 2016Roadrunner LTL Offers Guaranteed Delivery in Select Cities
Roadrunner Transportation Systems Inc. said its less-than-truckload arm, Roadrunner LTL, added facilities and a premium service with guaranteed delivery on a scheduled day in select major metropolitan markets.
February 12, 2016Trending
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