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Roadrunner Transportation Systems
Government, Business, Logistics

Former Roadrunner CFO Ordered to Pay $1.1 Million in Restitution

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A federal judge ordered Peter Armbruster, former chief financial officer of Roadrunner Transportation Systems Inc., to pay $1.1 million in restitution in connection with a sophisticated account fraud scheme.

Eric Miller | Senior Reporter
June 29, 2022
Government, Business

Former Roadrunner Executive Convicted in Financial Case

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A federal jury has convicted the former chief financial officer of Roadrunner Transportation Systems Inc. on four counts of violating federal securities laws for his role in a complex securities and accounting fraud.

Eric Miller | Senior Reporter
August 3, 2021
Business, Logistics, Top 100

Roadrunner Completes Strategic Transformation, Focuses on LTL Business

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Roadrunner Transportation Systems said it consists solely of its less-than-truckload operations, having finished its multiyear restructuring plan earlier this year.

Connor D. Wolf | Staff Reporter
August 26, 2020
Business, Top 100

Roadrunner Accelerates Restructuring Plan Amid Pandemic

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Roadrunner Transportation Systems was in the final steps in a multiyear financial turnaround effort when the coronavirus pandemic hit, forcing the company to confront the same economic challenges facing all of trucking while also seeing its plans through, a company executive said.

Connor D. Wolf | Staff Reporter
June 11, 2020
Business, Top 100

Roadrunner Reports Net Loss in Fourth Quarter

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Roadrunner Transportation Systems Inc. reported a net loss in the fourth quarter and sharply lower revenue amid challenging market conditions.

Roger Gilroy | Senior Reporter
March 28, 2020
Business, Logistics, Top 100

Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million

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Roadrunner Transportation Systems Inc. will sell its Prime Distribution Services business to C.H. Robinson Worldwide Inc. for $225 million in cash, according to a Jan. 28 news release.

Jim Stinson | Staff Reporter
January 28, 2020
Business

Roadrunner President Michael Gettle Steps Down

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Roadrunner Transportation Systems Inc. President and Chief Operating Officer Michael Gettle is leaving the company, the less-than-truckload and truckload carrier announced Dec. 11.

Jim Stinson | Staff Reporter
December 12, 2019
Business, Equipment, Logistics

Roadrunner Sells Flatbed Operation

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Roadrunner Transportation Systems Inc. announced the sale of its flatbed business unit for $30 million in cash, subject to customary purchase price and working capital adjustments.

December 9, 2019
Government, Business, Technology, Fuel

Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30

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The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.

Bloomberg News
November 13, 2019
Business, Logistics, Top 100

Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million

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Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.

Jim Stinson | Staff Reporter
November 5, 2019

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