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Stock Market & Financial Investment News

News Breaks
November 5, 2012
07:07 EDTRRTSRoadrunner acquires Central Cal Transportation for $4M plus earnout
Roadrunner Transportation Systems has acquired all of the outstanding stock of Central Cal Transportation, a provider of intermodal transportation and related services from the Northern California region. Central Cal transports primarily nuts, wine and retail import products. The purchase price was approximately $4M plus an earnout. The acquisition was financed with borrowings under Roadrunner's credit facility. Central Cal is expected to be accretive to Roadrunner's earnings in 2013.
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July 21, 2014
08:36 EDTRRTSRoadrunner acquires Integrated Services for $13M
Roadrunner Transportation (RRTS), announced that it has acquired Integrated Services, ISI Logistics and ISI Logistics South, collectively, Integrated Services. The total purchase price was $13M and was financed with borrowings under Roadrunner’s credit facility. In 2013, Integrated Services generated revenues of approximately $21M. Integrated Services is expected to be accretive to Roadrunner’s earnings in 2014.

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