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Roadrunner Transportation Systems Inc (RRTS.N)

RRTS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Elliott International Reports Open Market Purchase Of 8,495 Shares Of Roadrunner Transportation
Tuesday, 2 Jul 2019 09:00am EDT 

July 2 (Reuters) - Roadrunner Transportation Systems Inc ::ELLIOTT INTERNATIONAL REPORTS OPEN MARKET PURCHASE OF 8,495 SHARES OF ROADRUNNER TRANSPORTATION IN MULTIPLE TRANSACTIONS PRICED BETWEEN $9.72 & $10.13PER SHARE.ELLIOTT INTERNATIONAL - REPORTED OPEN MARKET PURCHASE OF ROADRUNNER TRANSPORTATION COMMON STOCK IN MULTIPLE TRANSACTIONS BETWEEN JUNE 28 AND JULY 1.  Full Article

SEC Says It Charged Former CFO, Two Former Employees Of Roadrunner With Fraud
Wednesday, 3 Apr 2019 03:47pm EDT 

April 3 (Reuters) - U.S. Securities and Exchange Commission::SEC SAYS CHARGED THE FORMER CFO AND TWO FORMER EMPLOYEES OF ROADRUNNER TRANSPORTATION SYSTEMS WITH FRAUD.SEC SAYS FRAUD SECTION OF THE U.S. DOJ HAS FILED CRIMINAL CHARGES AGAINST PETER ARMBRUSTER, BRET NAGGS, AND MARK WOGSLAND.SEC - ALLEGES FORMER ROADRUNNER TRANSPORTATION SYSTEMS CFO PETER ARMBRUSTER HID INCURRED EXPENSES BY IMPROPERLY DEFERRING, SPREADING THEM ACROSS QTRS.SEC - ALLEGES FORMER ROADRUNNER TRANSPORTATION SYSTEMS CFO PETER ARMBRUSTER MANIPULATED SOME REDUCTIONS TO LIABILITIES, CREATING AN INCOME “CUSHION”.SEC - ACCORDING TO SEC’S COMPLAINT, FORMER ROADRUNNER EXECUTIVES ARMBRUSTER, NAGGS, WOGSLAND MISLED ITS OUTSIDE AUDITOR ABOUT MISSTATED ACCOUNTS.  Full Article

Roadrunner Transportation Systems Q4 Loss Per Share $1.52
Tuesday, 12 Mar 2019 06:00am EDT 

March 12 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2018 OPERATING RESULTS.Q4 LOSS PER SHARE $1.52.Q4 REVENUE FELL 1.6 PERCENT TO $551.5 MILLION.POSITIVE FINANCIAL OUTLOOK FOR 2019 AND BEYOND.ROADRUNNER TRANSPORTATION SYSTEMS - QTRLY OPERATING LOSS INCLUDED CORPORATE RESTRUCTURING AND RESTATEMENT COSTS OF $6.7 MILLION.ROADRUNNER TRANSPORTATION - ARE ACTIVELY DEVELOPING PLANS TO STREAMLINE DRY VAN TRUCKLOAD FLEETS BUSINESSES.ROADRUNNER TRANSPORTATION SYSTEMS - EXPECTS TO INCREASE ADJUSTED EBITDA IN 2019.ROADRUNNER TRANSPORTATION SYSTEMS - OVER LONGER-TERM, CO EXPECTS SEGMENT MARGINS WILL INCREASE TO BE IN-LINE WITH PEER GROUP MARGINS.ROADRUNNER TRANSPORTATION - Q4 INTERNATIONAL FREIGHT FORWARDING DROVE HIGHER PERCENTAGE GROWTH DUE TO HIGHER RATES AND VOLUMES.ROADRUNNER TRANSPORTATION-Q4 INTERNATIONAL FREIGHT FORWARDING ALSO GREW DUE TO INCREASED SHIPMENTS IN ANTICIPATION OF POTENTIAL FUTURE TARIFF IMPACTS.  Full Article

Roadrunner To Commence Fully Backstopped $450 Mln Rights Offering
Friday, 1 Feb 2019 06:08am EST 

Feb 1 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TO COMMENCE FULLY BACKSTOPPED $450 MILLION RIGHTS OFFERING.ROADRUNNER TRANSPORTATION SYSTEMS INC - UPDATES ADJUSTED EBITDA ESTIMATE FOR 2018.ROADRUNNER TRANSPORTATION SYSTEMS INC - UPDATED ITS ESTIMATE OF ADJUSTED EBITDA FOR YEAR ENDED DECEMBER 31, 2018 TO APPROXIMATELY $15 MILLION TO $20 MILLION.  Full Article

Roadrunner Transportation Systems Files Prospectus Related To Offering Of Up To 7.8 Mln Co's Common Shares By Selling Stockholders
Tuesday, 15 Jan 2019 05:34pm EST 

Jan 15 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS FILES PROSPECTUS RELATED TO OFFERING OF UP TO 7.8 MILLION CO'S COMMON SHARES BY SELLING STOCKHOLDERS - SEC FILING.  Full Article

HCI Equity Partners And Roadrunner Transportation Entered Into Non-Disclosure Agreement
Wednesday, 22 Aug 2018 04:39pm EDT 

Aug 22 (Reuters) - Roadrunner Transportation Systems Inc ::HCI EQUITY PARTNERS, L.L.C. - ON AUG 21, HCI EQUITY PARTNERS AND ROADRUNNER TRANSPORTATION ENTERED INTO NON-DISCLOSURE AGREEMENT .HCI EQUITY PARTNERS-NDA TO ENABLE IT TO RECEIVE INFORMATION ABOUT POTENTIAL DEALS INVOLVING ROADRUNNER RELATED TO EVALUATION OF FINANCING ALTERNATIVES.HCI EQUITY PARTNERS- MAY ENGAGE IN DISCUSSIONS WITH ROADRUNNER TRANSPORTATION SYSTEMS MANAGEMENT & BOARD CONCERNING POTENTIAL DEALS.HCI EQUITY PARTNERS, L.L.C. REPORTS 20.3 PERCENT STAKE IN ROADRUNNER TRANSPORTATION SYSTEMS INC AS OF AUG 21, 2018 - SEC FILING.  Full Article

Roadrunner Transportation Systems Q2 Loss Per Share $1.09
Wednesday, 8 Aug 2018 06:00am EDT 

Aug 8 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS REPORTS OPERATING RESULTS FOR SECOND QUARTER AND FIRST HALF OF 2018.Q2 LOSS PER SHARE $1.09.Q2 REVENUE $558 MILLION.EXPECTS TO ACHIEVE REVENUE OF OVER $2.2 BILLION BY END OF 2020.EXPECTS ADJUSTED EBITDA OF OVER $100 MILLION BY END OF 2020.  Full Article

Roadrunner Transportation Systems On Aug 3, Entered Amendment No. 1 To Investment Agreement, Termination Of Equity Commitment Letter
Monday, 6 Aug 2018 04:58pm EDT 

Aug 6 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS - ON AUG 3, ENTERED AMENDMENT NO. 1 TO INVESTMENT AGREEMENT AND TERMINATION OF EQUITY COMMITMENT LETTER -SEC FILING.ROADRUNNER TRANSPORTATION-CO, PURCHASERS AGREED TO EXTEND TERMINATION DATE UNDER SOME INVESTMENT AGREEMENT, DATED AS OF MARCH 1, 2018 TO NOV 30, 2018.  Full Article

Roadrunner Transportation Systems To Evaluate Financing Alternatives
Wednesday, 11 Jul 2018 06:00am EDT 

July 11 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS TO EVALUATE FINANCING ALTERNATIVES.ROADRUNNER TRANSPORTATION SYSTEMS INC - CAPITAL RAISING ALTERNATIVES COULD INCLUDE A RIGHTS OFFERING OR OTHER FORMS OF NEW EQUITY OR DEBT CAPITAL.ROADRUNNER TRANSPORTATION SYSTEMS INC - MAY ENTER INTO DISCUSSIONS WITH VARIOUS STAKEHOLDERS AS PART OF FINANCING ALTERNATIVES EVALUATION.ROADRUNNER TRANSPORTATION SYSTEMS INC - EXPECTS TO ACHIEVE REVENUE OF OVER $2.2 BILLION AND ADJUSTED EBITDA OF OVER $100 MILLION BY END OF 2020.ROADRUNNER TRANSPORTATION - SPECIAL COMMITTEE CONSISTING SOLELY OF INDEPENDENT DIRECTORS APPOINTED TO REVIEW, EVALUATE CO'S FINANCING ALTERNATIVES.  Full Article

Roadrunner Transportation Q1 Loss Per Share $0.61
Monday, 2 Jul 2018 06:00am EDT 

July 2 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS REPORTS IMPROVED OPERATING RESULTS FOR FIRST QUARTER 2018.Q1 LOSS PER SHARE $0.61.Q1 REVENUE ROSE 19 PERCENT TO $570 MILLION.SEES POSITIVE OUTLOOK FOR REMAINDER OF 2018.EXPECT A REDUCTION IN 2018 Q2 REVENUE AS COMPARED TO PRIOR YEAR Q2.ROADRUNNER TRANSPORTATION SYSTEMS - EXPECTS TO TAKE RESTRUCTURING CHARGE OF ABOUT $5 MILLION TO $7 MILLION IN Q2.  Full Article