Roadrunner Transportation Systems, Inc. RRTS
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Company Overview
Roadrunner Transportation Systems, Inc. (formerly Nasdaq: RRTS) was a U.S.-based transportation and logistics company focused on asset-light freight transportation and supply chain services. The company operated primarily in the less-than-truckload (LTL), truckload, intermodal, and logistics sectors, serving manufacturers, retailers, distributors, and industrial customers across North America. Its business model historically emphasized outsourced transportation capacity and independently contracted agents, allowing it to operate with lower owned-asset intensity than many traditional trucking peers.
The company evolved through a series of acquisitions following its founding in 2003 and expanded rapidly during the 2010s. Roadrunner developed a national freight network through acquisitions of regional carriers, logistics providers, and specialized transportation businesses. After facing accounting issues, operational challenges, and financial restructuring during the late 2010s, the company underwent significant strategic realignment. In 2023, the business was acquired by Yellow Corporation through bankruptcy proceedings related to Yellow’s restructuring efforts. Public information after the acquisition became limited because the company ceased operating as a publicly traded independent entity.
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Price History
- Low
- $1.64
- Current
- $2.90
- High
- $5.47
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Corporate Info
Suite 530
Downers Grove, IL 60515