roadrunner

Business, Logistics, For-Hire

Roadrunner Adds Five New Direct Lanes to LTL Network

Roadrunner Freight truck Roadrunner Freight

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, 2022
Business

Roadrunner Raises Pay in Latest Phase of Transformation

Roadrunner Freight logo Roadrunner Freight

Roadrunner Freight is increasing driver pay, the latest step in its strategic transformation, the company announced March 14.

Connor D. Wolf | Staff Reporter
March 14, 2022
Business, Technology, Logistics, Top 100

Roadrunner Takes Major Steps in Transformation Plans

Roadrunner Roadrunner Freight

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.

Connor D. Wolf | Staff Reporter
March 30, 2021
Business, Technology, Top 100

Roadrunner Freight Partners With MyCarrierTMS

Roadrunner Freight Roadrunner Transportation Systems Inc.

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, 2019
Government, Business, Top 100

Three Former Roadrunner Executives Charged With Fraud

Roadrunner Executives A Roadrunner trailer at a loading dock in Two Rivers, Wis. (Jason Miller/Flickr)

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.

Daniel P. Bearth | Senior Staff Writer
April 4, 2019
Business

Roadrunner Continues to Struggle in Aftermath of Federal Charges

Roadrunner Roadrunner Transportation Systems via Facebook

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.

Dan Ronan | Senior Reporter
March 14, 2019
Business, Top 100

Roadrunner Continues Consolidation Efforts

Roadrunner truck Roadrunner Transportation Services

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.

Burney Simpson | Staff Reporter
May 16, 2018
Business

Roadrunner LTL President Grant Crawford Leaving Company

Roadrunner Transportation Group

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, 2017
Business

Roadrunner Moves Headquarters to Illinois; Terence Rogers Named CFO

Roadrunner Transportation Systems Inc.

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
Business

Roadrunner Receives $540 Million, Names New Leadership

Roadrunner Transportation Systems Inc

Roadrunner Transportation Systems Inc. said it has received a $540 million cash infusion from a private equity group that owns 8.6% of the shares in an announcement that also included a change in the senior leadership of the recently troubled trucking company.

Ari Ashe | Staff Reporter
May 2, 2017

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