We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Subscriptions
    • Podcast
    • Webcasts
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Change Me
      • Empowering Your Performance Edge
      • The Logistics of Defense
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Subscriptions
    • Podcast
    • Webcasts
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Change Me
      • Empowering Your Performance Edge
      • The Logistics of Defense
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » Roadrunner buys Integrated Services to expand reach into automotive warehousing
newsworthy

Roadrunner buys Integrated Services to expand reach into automotive warehousing

July 21, 2014
DC Velocity Staff
No Comments

Roadrunner Transportation Systems Inc., a less-than-truckload provider, said today it bought Integrated Services, a Kokomo-Ind.-based warehousing provider to the automotive industry, for $13 million.

The acquisition is the third this year for Cudahy, Wis.-based Roadrunner, which as an "asset-lite provider" controls its fleet utilization but, for the most part, doesn't own the equipment or have company-owned drivers. Integrated Services will be folded into Roadrunner's "truckload logistics" division, the company's largest unit. Integrated Services generated approximately $21 million in sales during 2013.

In March, Roadrunner bought Unitrans International Corp., a nonasset-based provider of international logistics services. In February, it acquired Rich Logistics, which primarily serves the automotive industry in the U.S.-Mexico market. Roadrunner paid more than $100 million for the two companies combined. The company has made no secret of its plans to expand through acquisition. It recently expanded its line of credit to $550 million from $368 million through 2019, proceeds of which it will use in part to fund potential purchases.

Transportation Trucking Less-than-Truckload
KEYWORDS Roadrunner Transportation Services
  • Related Articles

    Roadrunner buys Stagecoach Cartage to expand truckload, logistics services in Texas, Mexico

    SoftBank buys 40% share in AutoStore, plans to “aggressively expand” firm into new markets

    Celadon buys A&S Services to expand scope in Northeast, mid-Atlantic

Recent Articles by DC Velocity Staff

Trendy investors raise logistics cash through SPACs

Crown Battery enhances green energy initiatives

Industrial businesses gearing up for post-pandemic rebound, sourcing stats show

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Roadrunner Freight bolsters LTL capabilities with $50 million in new backing

  • Southeastern Freight Lines Promotes Marty Cox to Service Center Manager in Cincinnati, Ohio

  • Pull back or go deeper—how the pandemic influenced shipper-3PL engagement

  • Boston Dynamics trials box-lifting robot for unloading trucks

  • Fleet managers grapple with host of challenges as pandemic’s impact persists

Now Playing on DCV-TV

0a4ad66a 2005 4164 a0fa a1cd5a5133c9

Automated Package Handling with Mobile Robots

DCV-TV 4: Viewer Contributed
Discover sensor solutions that allow you to use AGCs or AGVs with your conveyors to enhance your logistics operations.

FEATURED WHITE PAPERS

  • Special Report: Supply Chain Trends in Retail & Consumer Goods

  • Fortify Your Operational Resilience

  • Cold Storage Automation: Leveraging Advanced Technologies to Meet Increasing Demand

  • The modern warehouse: Maximizing productivity and capacity

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing