Roadrunner Transportation Systems Acquires Central Cal Transportation

Roadrunner Transportation Systems RRTS announced today that it has acquired all of the outstanding stock of Central Cal Transportation, 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 See full press release