|Bid||6.50 x 1800|
|Ask||7.75 x 1000|
|Day's Range||6.45 - 7.13|
|52 Week Range||6.45 - 14.75|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 05, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.80|
Roadrunner Transportation Systems Inc. (NYSE: RRTS) announced that its president and chief operating officer, Michael L. Gettle, is leaving the company. The transportation and asset-light logistics service provider said Gettle will remain with the company over the next few months to assist with the transition of his duties. Mike joined Roadrunner in 2016 and immediately had a positive impact on integrating our operations, establishing improved metrics and accountability and successfully guiding the company during some challenging times.
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) announced that it has sold its flatbed unit, which operates as D&E Transport based in Clearwater, Minnesota. The transportation and asset-light logistics service provider said that the sale of the unit for $30 million in cash was part of its ongoing restructuring plan aimed at focusing on core, less capital-intensive offerings like logistics and asset-light less-than-truckload (LTL) services. "The divestiture of the Flatbed business unit is another step forward in our strategy to simplify our portfolio by focusing on our value-added logistics and asset-light LTL segments," said Roadrunner's CEO Curt Stoelting.
Roadrunner Transportation Systems could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds' top 3 stock picks returned 39.1% this year and beat the S&P […]
Roadrunner Transportation Systems, Inc.'s (NYSE: RRTS) third quarter earnings report resembled a triage list citing everything from goodwill and asset impairments to a labor strike to a malware attack. On November 6, The company reported a $97.8 million net loss, or $2.60 per share, in the third quarter of 2019. Roadrunner reported a 14% decline in total revenue to $459 million.
DOWNERS GROVE, Ill.-- -- Revenue and Adjusted EBITDA declined in 2019 third quarter primarily due to continued lower market demand and rates amplified by the strike at the company’s largest customer, General Motors, which reduced revenue by approximately $17 million in September and an estimated $31 million in October Malware attack was successfully managed; quarantined servers and applications primarily ...
Roadrunner Transportation Systems, Inc. (NYSE: RRTS ) announced the sale of its intermodal unit, Roadrunner Intermodal Services, to Universal Logistics Holdings, Inc . (NASDAQ: ULH ) for $51.25 million ...
WARREN, Mich., Nov. 5, 2019 /PRNewswire/ -- Universal Logistics Holdings, Inc. (ULH), a leading asset-light provider of customized transportation and logistics solutions, announced today its acquisition of Roadrunner Intermodal Services, LLC, Morgan Southern, Inc., Wando Trucking, LLC, and Central Cal Transportation, LLC (collectively, "Roadrunner Intermodal") from Roadrunner Transportation Systems, Inc. (RRTS). Roadrunner Intermodal is a nationwide drayage provider, servicing major port and rail locations throughout the United States. Operating a fleet of over 700 tractors, Roadrunner Intermodal services a broad range of customers utilizing a mix of company-owned and owner-operator provided capacity.
Roadrunner Transportation Systems, Inc. , a leading asset-right transportation and asset-light logistics service provider, today announced the sale of its Roadrunner Intermodal Services business to Universal Logistics Holdings, Inc.
Roadrunner Transportation Systems, Inc. (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced it will report results for the third quarter of fiscal 2019 before the market open on Wednesday, November 6, 2019. The release will be followed by a conference call with company management on Wednesday, November 6, 2019 at 10 a.m. Eastern Time/ 9 a.m. Central Time. To access the conference call, please dial 866-763-0340 (U.S.) or 703-871-3799 (International) approximately 10 minutes prior to the start of the call.
Roadrunner Freight (LTL) now offers RapidShip, enabling LTL customers to automate manual shipping processes DOWNERS GROVE, Ill. , Oct. 30, 2019 /PRNewswire/ -- Roadrunner Freight, a business unit of Roadrunner ...
Heartland Express (HTLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Roadrunner Transportation Systems' customer-centric approach continues to earn the organization awards, including Carrier of the Year, Supplier of the Year and more DOWNERS GROVE, Ill. , Oct. 16, 2019 ...
Truck drivers and employees for Rich Logistics were notified by letter on September 30 from the company's president that it was closing five terminals and significantly reducing its workforce at four locations. According to the Federal Motor Carrier Safety Administration's SAFER site, the company has nearly 520 truck drivers. The company, headquartered in Little Rock, Arkansas, stated the decision was reached "after carefully assessing our operations and anticipated corporate needs," according to the letter written by Shannon Everett, president of Rich Logistics.
Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced it will downsize its unprofitable dry van business, which is part of the company’s Truckload segment. Employees subject to the workforce reduction will receive either severance or a 60-day notice. The downsizing activities are expected to reduce lease obligations and debt and be substantially complete by year-end 2019, with workforce reductions effective over the next 60 to 90 days.
Roadrunner Transportation Systems Inc. (NYSE: RRTS ) announced that it has found a replacement for its chief financial officer role. Patrick (Pat) J. Unzicker has joined Roadrunner as executive vice president ...