CUDAHY, Wis.--(BUSINESS WIRE)--Nov. 5, 2012--
Roadrunner Transportation Systems, Inc. (NYSE: RRTS) announced today
that it has acquired all of the outstanding stock of Central Cal
Transportation (“Central Cal”), a provider of intermodal transportation
and related services from the Northern California region. Central Cal
transports primarily nuts, wine and retail import products. The purchase
price was approximately $4 million plus an earnout. The acquisition was
financed with borrowings under Roadrunner's credit facility.
Mark DiBlasi, President and CEO of Roadrunner, said, “The Central Cal
acquisition substantially enhances the scale and critical mass of our
drayage operations in the West Coast region. In addition, the
seasonality of Central Cal's freight mix complements our existing
intermodal business, which we believe will enhance our driver
utilization and retention. We look forward to supporting and expanding
Central Cal's strong customer relationships and service record as we
pursue continued growth in the business.”
During calendar year 2011, Central Cal generated approximately $19
million in revenues. Central Cal is expected to be accretive to
Roadrunner's earnings in 2013.
About Roadrunner Transportation Systems, Inc.
Roadrunner 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. For more information, please visit Roadrunner's
website, www.rrts.com.
Safe Harbor Statement
This release contains forward-looking statements that relate to future
events or performance, including statements regarding the impact of the
Central Cal acquisition on the scale and critical mass of Roadrunner's
drayage operations in the West Coast region, the impact of the Central
Cal acquisition on Roadrunner's driver utilization and retention, the
growth of Central Cal's business, and Roadrunner's expectation that
Central Cal will be accretive to Roadrunner's earnings in 2013. These
statements reflect Roadrunner's current expectations, and Roadrunner
does not undertake to update or revise these forward-looking statements,
even if experience or future changes make it clear that any projected
results expressed or implied in this or other company statements will
not be realized. Furthermore, readers are cautioned that these
statements involve risks and uncertainties, many of which are beyond
Roadrunner's control, which could cause actual results to differ
materially from the forward-looking statements. These risks and
uncertainties include, but are not limited to, risks related to the
integration of acquired companies, competition in the transportation
industry, the impact of the current economic environment, Roadrunner's
dependence upon purchased power, the unpredictability of and potential
fluctuation in the price and availability of fuel, the effects of
governmental and environmental regulations, insurance in excess of prior
experience levels, and other "Risk Factors" set forth in Roadrunner's
most recent SEC filings.

Source: Roadrunner Transportation Systems, Inc.
Roadrunner Transportation Systems, Inc.
Peter Armbruster
Chief
Financial Officer
414-615-1648
or
Vollrath Associates,
Inc.
Marilyn Vollrath
414-221-0217
ir@rrts.com