|Bid||7.30 x 1400|
|Ask||9.50 x 800|
|Day's Range||8.44 - 8.70|
|52 Week Range||7.30 - 44.00|
|Beta (3Y Monthly)||2.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 6, 2017 - Mar 10, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.00|
Arkansas-based PKE Western Truck Leasing, Inc. filed a $37 million lawsuit against Rich Transport, LLC and its parent company, RoadRunner Transportation Systems (NYSE: RRTS), alleging breach of contract on August 7. According to the lawsuit filed in Pulaski County Circuit Court in Arkansas, PKE alleges it entered into a contract with Rich Transport on January 1, 2019. In turn, the suit claims that Rich was required to pay PKE more than $83,300 per month as a "capacity fee," as well as $1.41 per mile each week.
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) reported another big loss in the second quarter of 2019 that was far worse than the consensus estimate, which called for break-even results. The asset-light logistics service provider reported a 14 percent decline in total revenue year-over-year to $481 million. The decline was largely due to lower expedited logistics revenue (air and ground) and lower volumes in all of the company's truckload offerings.
DOWNERS GROVE, Ill.-- -- Revenue and Adjusted EBITDA declined in 2019 second quarter primarily due to low market demand in air and ground expedited logistics at the Active On-Demand segment Ascent Global Logistics segment earned lower revenue and marginally lower Adjusted EBITDA in 2019 second quarter due to declines in truckload volumes and rate mix which offset revenue improvements in international ...
Roadrunner Transportation Systems, Inc. (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced it will report results for the second quarter of fiscal 2019 before the market open on Wednesday, August 7, 2019. The release will be followed by a conference call with company management on Wednesday, August 7, 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 reveals new technology to improve customer access to Volume Spot Quotes DOWNERS GROVE, Ill. , Aug. 1, 2019 /PRNewswire/ -- Roadrunner Freight, a business unit of Roadrunner Transportation ...
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) announced the departure of its Chief Financial Officer Terence R. Rogers effective at the end of August. The asset-light logistics service provider said, "Rogers' departure is not related to any issues or disagreement regarding the company's financial disclosures, accounting policies or practices," in the press release. RRTS said that they have started a search process to fill the role and that if needed, the company's Chief Executive Officer Curt Stoelting would fill in as "principal financial officer" until a new CFO is named.
Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced that Terence R. Rogers, Executive Vice President and Chief Financial Officer, is resigning from the company effective at the end of August. Rogers’ departure is not related to any issues or disagreement regarding the company’s financial disclosures, accounting policies or practices. Terry joined Roadrunner at a difficult time and was tasked with getting our filings current and completing our recapitalization, which was successfully accomplished earlier this year.
Roadrunner Freight recognized by industry-leading 3PL for its Less-than-Truckload (LTL) services DOWNERS GROVE, Ill. , May 14, 2019 /PRNewswire/ -- Roadrunner Freight, a business unit of Roadrunner Transportation ...
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) reported a loss of $1.78 per share compared with the break-even consensus estimate. RRTS reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $0.7 million compared to $3.1 million in the first quarter of 2018. Management said that the revenue decline was attributable to an expected slowdown in the ground expedited market and lower volumes in the Less-Than-Truckload (LTL) segment given restructuring and planned service area outages.
Roadrunner Transportation Systems, Inc . (NYSE: RRTS ) reported a loss of $1.78 per share versus the flat consensus estimate. The asset-light logistics service provider's first quarter 2019 loss was much ...
On a per-share basis, the Downers Grove, Illinois-based company said it had a loss of $1.78. Losses, adjusted for restructuring costs and asset impairment costs, were $1.58 per share. The transportation ...
DOWNERS GROVE, Ill.-- -- Revenue decline in first quarter 2019 primarily due to expected market moderation in ground expedite compared to peak demand in first quarter 2018 and lower volumes in Less-Than-Truckload segment due primarily to planned service area reductions LTL segment improved Adjusted EBITDA as a result of restructuring efforts Truckload & Express Services and Ascent Global Logistics ...
First sentence of the first paragraph should read: Roadrunner Transportation Systems, Inc. , a leading asset-right transportation and asset-light logistics service provider, today announced it will file its Quarterly Report on Form 10-Q for the first quarter of 2019 ended March 31, 2019 prior to market open on Tuesday, May 7, 2019.
Adding new equipment to its fleet is expected to help increase safety, reduce breakdowns, improve fuel efficiency and provide a better driver experience. Capital plans for 2019 include the acquisition of over 500 sleeper and day cab tractors and the acquisition or refinancing of over 2,100 dry and refrigerated trailers. "Investing in our fleet is one of the many ways we are focusing on putting our customers, company drivers and independent contractors first.
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.
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 .
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.
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 (LTL) leverages mobile application technology to increase transparency for independent contractors DOWNERS GROVE, Ill. , April 2, 2019 /PRNewswire/ -- Roadrunner Freight, a business ...