|Bid||11.10 x 1100|
|Ask||11.21 x 900|
|Day's Range||10.14 - 11.23|
|52 Week Range||7.30 - 23.75|
|Beta (3Y Monthly)||2.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 6, 2017 - Mar 10, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.00|
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. said late Monday it plans to cut about 10% of its workforce in a downsizing of its van business. "The downsizing includes reducing dry van company tractor and trailer fleets by over 50%, closing five terminal locations and eliminating approximately 450 positions," Roadrunner said in a statement. The reductions will take place over the next 60 to 90 days and cost $12 million to $16 million, the company said. Roadrunner shares were flat after hours, following a 3% gain to close the regular session at $10.36.
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 ...
Roadrunner Transportation Systems, Inc. , a leading asset-right transportation and asset-light logistics service provider, today announced that Patrick J.
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.
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.