Roadrunner Transportation Systems Announces Expansion of Credit Facility From $368M To $550M

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Roadrunner Transportation Systems, Inc.
RRTS
, a leading asset-light transportation and logistics services provider, announced today it has expanded the Company's existing credit facility to $550 million from $368 million through 2019. Additionally, the facility provides improved terms and conditions that enhance the Company's overall financial flexibility. “This agreement is a testament to the confidence our banking partners have in Roadrunner,” said Mark DiBlasi, CEO. “The amendment reflects the Company's strong capital position and financial flexibility, providing an ongoing ability to drive growth organically and through strategic acquisitions. We are extremely pleased with the support of our bank group and look forward to continuing our relationship with such strong business partners.”
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