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Roadrunner Transportation Systems Inc Announces Acquisition Of Southeast Drayage Division Of Transport America

Thursday, 15 Aug 2013 04:03pm EDT 

Roadrunner Transportation Systems Inc announced that it has acquired certain of the assets of the Southeast drayage division of Transport Corporation of America, Inc. (TA Drayage), a provider of intermodal transportation and related services in the Southeast. TA Drayage primarily transports imports and exports for steamship lines and intermodal marketing companies from the ports of Charleston, South Carolina, Norfolk, Virginia and Savannah, Georgia. TA Drayage also services the rail ramps of Atlanta, Georgia, Memphis, Tennessee and Birmingham, Alabama. The purchase price was approximately $1.2 million. The acquisition was financed with Roadrunner`s cash on hand. 

Company Quote

-0.37 -1.73%
29 Jan 2015