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Roadrunner Transportation Systems – RRTS – Announces Acquisition of D&E Transport

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Roadrunner Transportation Systems, Inc. (NYSE: RRTS), a leading asset-light transportation and logistics services provider, announced today that it has acquired all of the outstanding capital stock of D&E Transport (“D&E”), an asset-light flatbed carrier focused primarily on food and agricultural products located in Clearwater, Minnesota, for approximately $11.2 million plus an earnout. The acquisition was financed with borrowings under Roadrunner’s credit facility.

“The acquisition of D&E broadens the service offerings within our Truckload & Logistics business segment and expands our flatbed capacity and customer base,” said Mark DiBlasi, CEO of RRTS. “D&E has built solid, long-term customer relationships and brings superior service and safety records to Roadrunner. D&E’s principal former owner and experienced management team will remain in place and are excited about the growth opportunities we collectively envision.”

“D&E is very complementary to our Truckload & Logistics platform,” said Brian van Helden, President of Roadrunner’s Truckload & Logistics business segment. “We are excited about the opportunity to serve D&E’s customer base and to accelerate our growth and geographic expansion.”


In 2011, D&E generated revenues of approximately $23.8 million. D&E is expected to be accretive to Roadrunner’s earnings in 2012.

About Roadrunner Transportation Systems, Inc. (RRTS)

Roadrunner Transportation Systems (RRTS) is a leading asset-light transportation and logistics service provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and logistics, transportation management solutions, intermodal solutions, and domestic and international air.

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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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