RRTS - Roadrunner Transportation Systems, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
9.65
-0.11 (-1.13%)
As of 3:36PM EDT. Market open.
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Previous Close9.76
Open9.70
Bid9.62 x 900
Ask9.67 x 800
Day's Range9.49 - 9.73
52 Week Range9.32 - 87.00
Volume33,888
Avg. Volume59,740
Market Cap362.468M
Beta (3Y Monthly)2.35
PE Ratio (TTM)N/A
EPS (TTM)-107.50
Earnings DateMar 6, 2017 - Mar 10, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est15.00
Trade prices are not sourced from all markets
  • Business Wire8 days ago

    Roadrunner Nominates Two New Directors for Election at the Company’s Upcoming Annual Meeting

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced that its Board of Directors has nominated Donald C. Brown and Christopher W. Jamroz for election to the company’s Board of Directors at its annual meeting to be held on May 22, 2019. Three current directors, John G. Kennedy III, William S. Urkiel and Michael P. Ward, have resigned from the Board effective with the May 22 annual meeting, as part of a planned board transition. “First of all, on behalf of our Board and management team, I would like to thank John, Bill and Mike for their valuable counsel and years of service to Roadrunner.

  • Business Wire19 days ago

    Roadrunner Announces Completion of 1-for-25 Reverse Stock Split

    Roadrunner Transportation Systems, Inc. , a leading asset-right transportation and asset-light logistics service provider, today announced that at the close of business on April 4, 2019, it effected its previously-announced, 1-for-25 reverse stock split .

  • Benzinga20 days ago

    Former Roadrunner CFO Joins Two Others Under Indictment; SEC Also Levies Charges

    The former chief financial officer for Roadrunner Transportation has joined two other ex-financial executives from the company as defendants in a criminal action. According to both news reports and court documents, Peter Armbruster, the CFO, was indicted and arrested earlier this week in an action taken in the Eastern District Court for Wisconsin, where Roadrunner is located. In an expanded indictment, Armbruster joins former controllers Mark Wogsland and Bret Naggs who were indicted in June of last year.

  • MarketWatch21 days ago

    SEC charges former executives with manipulating earnings

    The Securities and Exchange Commission on Wednesday said it charged three former executives at Roadrunner Transportation Systems Inc. with fraud for manipulating the company's results in order to meet earnings targets. The SEC has accused Peter Armbruster, Roadrunner's former CFO, of hiding expenses by improperly deferring and spreading them across multiple quarters to minimize their impact on net earnings. The agency also alleges that Armbruster and two former controllers at the company, Bret Naggs and Mark Wogsland, failed to write-off millions of dollars in overvalued assets and overstated receivables. The Justice Department has filed criminal charges against Armbruster, Naggs and Wogsland. Roadrunner shares, which are down 83% over the past 12 months, closed higher by 1% on Wednesday.

  • Benzinga22 days ago

    Roadrunner Freight Introduces App To Connect Contractors With Loads

    Roadrunner Freight, the trucking arm of Roadrunner Transportation Systems (NYSE: RRTS), has unveiled a mobile application called Haul NOW that leverages technology to connect independent contractors with loads coming from the company. The Haul NOW app has been developed to provide contractors more visibility into available loads within the Roadrunner network, thus improving efficiency and reducing downtime. Users of the application can now view documents, access historical dispatch and settlement information and obtain directions to service centers, helping bridge the traditional disconnect between shippers and carriers by improving communication.

  • Roadrunner Freight Releases Driver Mobile Application called Haul NOW
    PR Newswire22 days ago

    Roadrunner Freight Releases Driver Mobile Application called Haul NOW

    Roadrunner Freight (LTL) leverages mobile application technology to increase transparency for independent contractors DOWNERS GROVE, Ill. , April 2, 2019 /PRNewswire/ -- Roadrunner Freight, a business ...

  • What Happened With Roadrunner Transportation Today
    Motley Foollast month

    What Happened With Roadrunner Transportation Today

    This troubled trucker is navigating the potholes that come with a share price below $1.

  • Roadrunner (RRTS) Catches Eye: Stock Jumps 7.2%
    Zackslast month

    Roadrunner (RRTS) Catches Eye: Stock Jumps 7.2%

    Roadrunner (RRTS) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of RRTS earnings conference call or presentation 12-Mar-19 2:00pm GMT

    Q4 2018 Roadrunner Transportation Systems Inc Earnings Call

  • Business Wirelast month

    Roadrunner Announces Approval of 1-for-25 Reverse Stock Split

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced that its board of directors and the holders of a majority of the issued and outstanding shares of the company’s common stock approved a 1-for-25 reverse split of the company’s issued and outstanding shares of common stock. The 1-for-25 reverse stock split will be effective upon the filing and effectiveness of a certificate of amendment to Roadrunner’s amended and restated certificate of incorporation after the market closes on April 4, 2019, and Roadrunner’s common stock will begin trading on a split-adjusted basis when the market opens on April 5, 2019.

  • Benzingalast month

    Roadrunner Revenues Slide In Fourth Quarter, Company Posts $58.5M Full-Year Operating Loss

    Revenue declines in two key segments drove overall revenue down in the fourth quarter, ending December 31, 2018, for Roadrunner Transportation Systems (NYSE: RRTS), to $551.5 million, a 1.6 percent decrease from $560.4 million in the fourth quarter of 2017. The company's operating loss was $22.9 million in the quarter, which included corporate restructuring and restatement costs of $6.7 million, non-cash fleet impairment charges in intermodal services of $1.6 million and a contingent purchase obligation adjustment of $1.8 million, the company said. Net loss increased to $58.4 million in the fourth quarter of 2018 compared to $23.3 million in the fourth quarter of 2017, due primarily to the prior items above and increased interest costs of $18.1 million related to the company's preferred stock.

  • Associated Presslast month

    Roadrunner: 4Q Earnings Snapshot

    The Downers Grove, Illinois-based company said it had a loss of $1.52 per share. Losses, adjusted for restructuring costs and asset impairment costs, came to $1.30 per share. The transportation and logistics ...

  • Business Wirelast month

    Roadrunner Transportation Systems Reports Fourth Quarter and Full Year 2018 Operating Results

    DOWNERS GROVE, Ill.-- -- Revenue growth in full year 2018 Adjusted EBITDA improvement in Q4 and full year 2018 Continued progress on both operational and capital structure improvements Positive financial outlook for 2019 and beyond Roadrunner Transportation Systems, Inc. , a leading asset-right transportation and asset-light logistics service provider, today announced results for the fourth quarter ...

  • Business Wire2 months ago

    Roadrunner Transportation Systems Announces Fiscal Year 2018 Release Date and Conference Call

    Roadrunner Transportation Systems, Inc. , a leading asset-right transportation and asset-light logistics service provider, today announced it will report results for the fiscal year 2018 before the market open on Tuesday, March 12, 2019.

  • The Wall Street Journal2 months ago

    [$$] Activist Investor Elliott Takes Majority Control of Troubled Trucker Roadrunner

    Inc. completed a rights offering that brings the troubled trucking company an infusion of more than $30 million in cash and brings the business under the control of activist investor Elliott Management Corp. ’s $35 billion hedge fund and already a major Roadrunner shareholder, backstopped the $450 million offering and now holds about 90.4% of the common stock, Roadrunner said Wednesday, including subscription rights to the offering.

  • Business Wire2 months ago

    Roadrunner Announces Closing of $450 Million Rights Offering

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced the closing of its fully backstopped $450 million rights offering. At the closing, which was completed yesterday, Roadrunner sold and issued an aggregate of 900,000,000 new shares of common stock at the subscription price of $0.50 per share. An aggregate of 177,676,223 shares were purchased pursuant to the exercise of basic subscription rights and over-subscription rights from stockholders of record during the subscription period, including from the exercise of basic subscription rights by stockholders who are funds affiliated with Elliott Management Corporation (collectively, “Elliott”).

  • Benzinga2 months ago

    Roadrunner's Rights Offering Leaves Elliott Management Owning 90% Of The Company

    Elliott Management to own about 90 percent of Roadrunner Transportation (NYSE: RRTS). Roadrunner Transportation said in a prepared statement that its rights offering had been completed and that the "backstop commitment" made by Elliott Management resulted in it buying about 721.5 million shares of the company's stock.

  • Business Wire2 months ago

    Roadrunner Announces Preliminary Results of Rights Offering

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced preliminary results of its fully backstopped $450 million rights offering following the expiration of the subscription period on February 19, 2019 at 5:00 p.m. Eastern Time (the “expiration date”). Preliminary results indicate that 7,689,618 basic subscription rights and 510,207 oversubscription rights were exercised as of the expiration date to purchase an aggregate of approximately 178,432,297 shares of common stock, which includes the exercise of basic subscription rights by affiliates of Elliott Management Corporation (such affiliates, “Elliott”).

  • Ascent Global Logistics Recognizes Outstanding Team Members with Prestigious Everest Award
    PR Newswire2 months ago

    Ascent Global Logistics Recognizes Outstanding Team Members with Prestigious Everest Award

    Ascent Global Logistics presents top company award to four team leaders for exceptional performance throughout 2018. DOWNERS GROVE, Ill. , Feb. 13, 2019 /PRNewswire/ -- Ascent Global Logistics, an independent ...

  • GlobeNewswire2 months ago

    Recent Analysis Shows MFA Financial, Shutterfly, Curtiss-Wright, Fair Isaac, Roadrunner Transportation, and Stewart Information Services Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, Feb. 11, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Business Wire2 months ago

    Roadrunner Rights Offering FAQ

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, previously announced that it commenced a fully backstopped $450 million rights offering on February 1, 2019. As part of the rights offering, the company has distributed to stockholders of record as of January 30, 2019 transferable subscription rights to purchase an aggregate of 900,000,000 new shares of the company’s common stock. Each transferable subscription right entitles the holder to purchase approximately 23.1 shares of the company’s common stock at a subscription price of $0.50 per share.

  • Business Wire3 months ago

    Roadrunner to Commence Fully Backstopped $450 Million Rights Offering

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, announced that it will commence its previously announced fully backstopped $450 million rights offering today. The company also announced a rights offering investor conference call on Tuesday, February 5 at 9:30 am ET and updated its estimate of Adjusted EBITDA for the year ended December 31, 2018 to approximately $15 million to $20 million. The company will distribute to stockholders of record as of January 30, 2019 transferable subscription rights to purchase an aggregate of 900,000,000 new shares of the company’s common stock.

  • Benzinga3 months ago

    Another Step In The Comeback Of Roadrunner: A Mainstream Analyst Is Following Them Again

    Roadrunner Transportation (NYSE: RRTS) told the world back in 2017 that in the wake of an accounting scandal, its financial numbers could not be viewed as reliable, and it took months for them to catch up with accurate figures. Understandably, no known equity analysts would put the company on their list to follow when the data was basically worthless. J. Bruce Chan of Stifel has begun coverage of the company with a "Hold" rating but with an overall review of Roadrunner that can only be viewed as positive.

  • Business Wire3 months ago

    Roadrunner Announces Record Date for Upcoming Rights Offering

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced the record date of January 30, 2019 for the company’s upcoming rights offering. The company filed Amendment No. 2 to its Registration Statement on Form S-1 relating to the rights offering (the “Registration Statement”) on January 11, 2019 and expects that the Registration Statement will become effective on January 31, 2019.

  • Business Wire3 months ago

    Roadrunner Revises Timing of Rights Offering; Change in Timing Due Entirely to Partial Government Shutdown

    Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced revised timing for the company’s rights offering. The change in timing is entirely a result of the partial government shutdown, during which the Securities and Exchange Commission (the “SEC”) is not able to declare registration statements effective. As a result, the company has decided to file an amendment to its Registration Statement on Form S-1 (the “Registration Statement”) relating to the rights offering that would allow the Registration Statement to automatically become effective 20 calendar days after filing without any action by the SEC.