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.
June 29, 2022Roadrunner Transportation Systems
Government, Business, Logistics 
BrianAJackson via Getty Images
Former Roadrunner CFO Ordered to Pay $1.1 Million in Restitution
BrianAJackson via Getty Images Government, Business 
Roadrunner Transportation Systems via Facebook
Former Roadrunner Executive Convicted in Financial Case
Roadrunner Transportation Systems via FacebookA 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.
August 3, 2021 Business, Logistics, Top 100 
Roadrunner Transportation Services Inc.
Roadrunner Completes Strategic Transformation, Focuses on LTL Business
Roadrunner Transportation Services Inc.Roadrunner Transportation Systems said it consists solely of its less-than-truckload operations, having finished its multiyear restructuring plan earlier this year.
August 26, 2020 Business, Top 100 
Roadrunner Freight via Facebook
Roadrunner Accelerates Restructuring Plan Amid Pandemic
Roadrunner Freight via FacebookRoadrunner 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.
June 11, 2020 Business, Top 100 
Roadrunner decided to make its voluntary stock listing changes to reduce costs and increase management's focus on operating performance. (Roadrunner Transportation Services Inc.)
Roadrunner Reports Net Loss in Fourth Quarter
Roadrunner decided to make its voluntary stock listing changes to reduce costs and increase management's focus on operating performance. (Roadrunner Transportation Services Inc.)Roadrunner Transportation Systems Inc. reported a net loss in the fourth quarter and sharply lower revenue amid challenging market conditions.
March 28, 2020 Business, Logistics, Top 100 
Roadrunner Transportation Systems via Facebook
Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million
Roadrunner Transportation Systems via FacebookRoadrunner 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.
January 28, 2020 Business 
Roadrunner President and Chief Operating Officer Michael Gettle is leaving the company but will assist the company with the transition of his responsibilities over the next few months. (Roadrunner Transportation Services Inc.)
Roadrunner President Michael Gettle Steps Down
Roadrunner President and Chief Operating Officer Michael Gettle is leaving the company but will assist the company with the transition of his responsibilities over the next few months. (Roadrunner Transportation Services Inc.)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.
December 12, 2019 Business, Equipment, Logistics 
Roadrunner Transportation Systems via Facebook
Roadrunner Sells Flatbed Operation
Roadrunner Transportation Systems via FacebookRoadrunner 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 
Tanker trucks wait at the storage and dispatch terminal of Petroleos Mexicanos. (Felix Marquez/Associated Press)
Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30
Tanker trucks wait at the storage and dispatch terminal of Petroleos Mexicanos. (Felix Marquez/Associated Press)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.
November 13, 2019 Business, Logistics, Top 100 
The intermodal business had revenue of approximately $125 million for the 12 months ended Sept. 30 and was part of the company’s truckload segment, according to Roadrunner officials. (Roadrunner Transportation Systems Inc.)
Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million
The intermodal business had revenue of approximately $125 million for the 12 months ended Sept. 30 and was part of the company’s truckload segment, according to Roadrunner officials. (Roadrunner Transportation Systems Inc.)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.
November 5, 2019