Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
Roadrunner Adds Five New Direct Lanes to LTL Network
Roadrunner grew its nationwide metro-to-metro service network for less-than-truckload shipments with the addition of five direct lanes, the company announced June 23.
June 28, 2022Roadrunner Raises Pay in Latest Phase of Transformation
Roadrunner Freight is increasing driver pay, the latest step in its strategic transformation, the company announced March 14.
Roadrunner Takes Major Steps in Transformation Plans
Roadrunner Freight took another step in its ongoing transformation with a March 25 announcement of a $50 million equity private placement and additions to its leadership team.
Roadrunner Freight Partners With MyCarrierTMS
Roadrunner Freight, a business unit of Roadrunner Transportation Systems Inc., has partnered with MyCarrierTMS to offer customers a free transportation management system, according to a news release from both companies.
November 12, 2019Three Former Roadrunner Executives Charged With Fraud
The Securities and Exchange Commission has formally charged the former chief financial officer and two of his associates at Roadrunner Transportation Systems with accounting fraud and misleading investors about the company’s financial results.
Roadrunner Continues to Struggle in Aftermath of Federal Charges
Roadrunner Transportation Systems Inc. reported a fourth-quarter loss of $58.4 million, or $1.52 a share, compared with a loss of $23.3 million, or 61 cents per share in 2017. The Downers Grove, Ill.-based truckload and less-than-truckload carrier continues to struggle financially in the wake of an accounting scandal and the departure of several key executives, and at a time when business conditions in the freight industry remain strong.
Roadrunner Continues Consolidation Efforts
Roadrunner Transportation Systems on May 15 continued the consolidation of its business divisions, moving its air transportation units into one integrated brand with a single management team and marketed as Active On-Demand.
Roadrunner LTL President Grant Crawford Leaving Company
Roadrunner Freight President Grant Crawford is leaving his job running the less-than-truckload division of Roadrunner Transportation Systems Inc., the carrier announced June 12.
June 12, 2017Roadrunner Moves Headquarters to Illinois; Terence Rogers Named CFO
Roadrunner Transportation Systems Inc. has hired Terence Rogers as chief financial officer, replacing Peter Armbruster, who was terminated March 29 after the carrier was forced to restate earnings reports from 2014 onward because of two accounting errors.
May 24, 2017