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Wednesday, August 12, 2020

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RRTS Roadrunner Transportation Systems, Inc gains 36% Aug 11, 2020

Roadrunner Transportation Systems, Inc. provides asset-light transportation and logistics services. The company operates through three segments: Truckload Logistics (TL), Less-than-Truckload (LTL), and Global Solutions. The company's TL segment arranges pickup, delivery, freight consolidation, and inventory management of TL freight through its network of 48 TL service centers, 4 freight consolidation and inventory management centers, 23 company dispatch offices, and approximately 100 independent brokerage agents in the United States and Canada. It also offers temperature-controlled, dry van, intermodal drayage, and flatbed services; and specializes in the transport of automotive parts, refrigerated foods, poultry, and beverages, as well as on-demand expedited services. The company's LTL segment is involved in the pickup, consolidation, linehaul, deconsolidation, and delivery of LTL shipments in the United States, Mexico, Puerto Rico, and Canada through a network of 47 LTL service centers and approximately 180 third-party delivery agents. The company's Global Solutions segment offers domestic and international transportation and logistics solutions, including pricing, contract management, transportation mode and carrier selection, freight tracking, freight bill payment and audit, cost reporting and analysis, and dispatch. This segment also provides domestic and international air and ocean transportation, and customs brokerage services. Roadrunner Transportation Systems, Inc. is headquartered in Cudahy, Wisconsin.http://www.priceseries.com/trade/RRTS-Roadrunner-Transportation-Systems-Inc-stock-gains-36-percent-a-Trade-Record-by-priceSeries-2020072420200811.html

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