Roadrunner Buys Refrigerated Carrier CTW Transport

Roadrunner Transportation Systems said it has acquired Massachusetts-based refrigerated truckload carrier CTW Transport for about $7.5 million.

The acquisition is complementary Roadrunner’s truckload and logistics business, said Brian van Helden, who heads that unit for Roadrunner.

CTW will generate about $15 million in revenue this year, Roadrunner said.

Cudahy, Wis.-based Roadrunner is ranked No. 38 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.