Roadrunner Transportation Systems Recognized as One of Fortune’s 100
Fastest-Growing Companies for 2013
CUDAHY, Wis. -- September 17, 2013
Roadrunner Transportation Systems, Inc., (NYSE: RRTS) a leading asset-light
transportation and logistics service provider, announced today that it has
been named one of Fortune’s 100 Fastest-Growing Companies. Roadrunner
appeared on the list for the first time in 2013, ranking No. 28 overall.
Fortune developed the list by selecting companies based on revenue growth
rates, EPS growth rates and three-year annualized return for the period ending
June 28, 2013. In Fortune’s listing, Roadrunner ranked No. 1 out of the 100
companies selected in EPS growth.
“To be named one of Fortune’s Fastest-Growing Companies is a tremendous honor
and one that underscores the strength of our business model and growth
strategies,” said Mark DiBlasi, president and CEO of Roadrunner. “As we look
ahead, we see opportunity for substantial organic growth in each of our
business segments and a robust pipeline of potential acquisitions that we
believe will continue to drive our future growth.”
To qualify for the 100-Fastest Growing Companies, foreign or domestic
companies had to meet the following criteria: be trading on a major U.S. stock
exchange; report data in U.S. dollars; file quarterly reports with the SEC;
have a minimum market capitalization of $250 million and a stock price of at
least $5 on June 28, 2013; and have been trading continuously since June 30,
2010. The company must also have revenue and net income of at least $50
million and $10 million, respectively, for the four quarters ended on or
before April 30, 2013. Finally, the company must have posted an annualized
growth in revenue and earnings per share of at least 20% annually over the
three years ended on or before April 30, 2013.
Companies that meet the above criteria were ranked by revenue growth rate; EPS
growth rate; and three-year annualized total return for the period ended June
28, 2013. (To compute the revenue and EPS growth rates, Fortune uses a
trailing-four-quarters log linear least square regression fit.) The overall
rank was based on the sum of the three ranks. Once the 100 companies were
identified, they were then reranked within the 100, using the three equally
weighted variables. If there was a tie, the company with the larger
four-quarter revenue received the higher rank.
To view the full list of Fortune’s Fastest-Growing Companies, visit:
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 (“LTL”), truckload and logistics (“TL”),
transportation management solutions (“TMS”), intermodal solutions, freight
consolidation, inventory management, expedited services, international freight
forwarding, customs brokerage, and comprehensive global supply chain
solutions. For more information, please visit Roadrunner’s website,
Safe Harbor Statement
This release contains forward-looking statements that relate to future events
or performance, including statements regarding Roadrunner's performance;
Roadrunner's sales and operational initiatives; Roadrunner's initiatives to
expand into new geographic regions, build density, improve pricing, and
enhance productivity; the impact of Roadrunner's December 2012 stock offering;
the impact of Roadrunner's acquisitions; and Roadrunner's expected revenues,
diluted income per share available to common stockholders, net income
available to common stockholders, and weighted average diluted shares
outstanding for the third quarter of 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.
Roadrunner Transportation Systems, Inc.
Chief Financial Officer
Vollrath Associates, Inc.
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