Asset-light carrier Roadrunner Transportation Systems Inc. said today it has agreed with Canadian-based carrier Sameday Worldwide to handle Roadrunner's less-than-truckload (LTL) shipments in eastern Canada while Roadrunner will carry Sameday's shipments across its U.S. network.
Mississauga, Ontario-based Sameday operates out of 32 terminals in Canada. As part of the agreement, Sameday will assist Roadrunner with cross-border management services.
"Our new relationship will strengthen the capabilities of both organizations as it expands Roadrunner's coverage of eastern Canada and will increase our efficiency in cross-border shipments," said Grant Crawford, president of Cudahy, Wis.-based Roadrunner's LTL operation, in a statement.
As an "asset-light" provider, Roadrunner doesn't own its assets but effectively controls them in support of its operations. It generates about twice the revenue from truckload services it does from LTL.
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