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Stock Market & Financial Investment News

News Breaks
March 14, 2014
15:41 EDTRRTSRoadrunner acquires Unitrans International for $55.5M
Roadrunner Transportation Systems announced that it has acquired all of the outstanding stock of Unitrans International, a leading high-quality, non-asset based provider of international logistics solutions based in Los Angeles, California. The total purchase price of $55.5M was financed by borrowings under Roadrunner’s credit facility. Unitrans offers its customers international ocean and air transportation management, customs house brokerage, and domestic logistics solutions, with a focus on complex, cold chain, and high value shipments. In 2013, Unitrans generated revenues of approximately $84M. Unitrans is expected to be accretive to Roadrunner’s earnings in 2014.
News For RRTS From The Last 14 Days
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August 4, 2015
09:17 EDTRRTSRoadrunner 2M share Spot Secondary priced at $24.75
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August 3, 2015
16:34 EDTRRTSRoadrunner files to sell 2M shares of stock for HCI Equity Partners, L.L.C
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July 29, 2015
16:06 EDTRRTSRoadrunner sees Q3 EPS 43c-47c, consensus 45c
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16:05 EDTRRTSRoadrunner reports Q2 EPS 44c, consensus 44c
Reports Q2 revenue $517.9M, consensus $539.92M.
July 28, 2015
08:57 EDTRRTSRoadrunner acquires Stagecoach Cartage for $35M plus earn-out
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