Profile: Roadrunner Transportation Systems Inc (RRTS.K)
5 Feb 2016
Roadrunner Transportation Systems, Inc. (RRTS), incorporated on February 22, 2005, is an asset-light transportation and logistics service provider offering a suite of solutions, including truckload logistics, customized and expedited less-than-truckload, transportation management solutions, intermodal solutions (transporting a shipment by more than one mode, primarily via rail and truck), freight consolidation, inventory management, on-demand expedited services, international freight forwarding, customs brokerage and global supply chain solutions. The Company operates in three segments: Truckload Logistics, Less-than-Truckload and Transportation Management Solutions. The Company utilizes a third-party network of transportation providers, consisting of independent contractors (ICs) and purchased power providers, to serve a diverse customer base. It primarily focuses on small to mid-size shippers.
Within the Company's truckload logistics (TL) business segment, it arranges the pickup, delivery, freight consolidation and inventory management of TL freight through its network of 47 TL service centers, five freight consolidation and inventory management centers, 26 company dispatch offices and over 130 independent brokerage agents located throughout the United States and Canada. The Company offers temperature-controlled, dry van, intermodal drayage and flatbed services, and specializes in the transport of refrigerated foods, poultry, and beverages. It also provides a range of TL transportation solutions for dry goods ranging from paper products to steel, as well as flatbed service for industrial load requirements. Its intermodal capabilities include drayage, which is the transport of freight between ocean ports or rail ramps and shipping docks. It also offers on-demand expedited services.
The Company's less-than-truckload (LTL) business involves the pickup, consolidation, linehaul, deconsolidation and delivery of LTL shipments. With a network of 44 LTL service centers and over 180 third-party delivery agents, it employs a point-to-point LTL model. It provides LTL service originating from points within approximately 150 miles of its service centers to destinations throughout the United States and into Mexico, Puerto Rico and Canada. Within the United States, it offers national, long-haul service (1,000 miles or greater), inter-regional service (between 500 and 1,000 miles) and regional service (500 miles or less). It serves a diverse group of customers within a range of industries, including retail, industrial, paper goods, manufacturing, food and beverage, healthcare, chemicals, computer hardware and general commodities.
Transportation Management Solutions
Within the Company's transportation management solutions (TMS) business, it offers a one-stop domestic and international transportation and logistics solution, including access to the modes of transportation within its network. Specifically, its TMS offering includes pricing, contract management, transportation mode and carrier selection, freight tracking, freight bill payment and audit, cost reporting and analysis, and dispatch. Its TMS business also includes domestic and international air and ocean transportation services and customs brokerage.
The Company competes with FedEx Corporation, United Parcel Service, Inc., Arkansas Best Corporation, Con-Way, Inc., Old Dominion Freight Line Inc., YRC Worldwide, Inc., C.H. Robinson Worldwide, Inc., Landstar System, Inc., Schneider Logistics, Inc. and Transplace, Inc.
Roadrunner Transportation Systems Inc
4900 S Pennsylvania Ave
CUDAHY WI 53110-1347