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Roadrunner Higher 1Q Profit

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5/5/2011 10:30:00 AM

Roadrunner Transportation Systems reported a first-quarter profit of $4.4 million, or 14 cents a share, up from $940,000, or 5 cents, a year ago.

Roadrunner, which went public last May, said its revenue rose 20% to $171.2 million,

Less-than-truckload revenue per hundredweight rose 10.2% including fuel to $100.7 million. Truckload revenue rose 43% to $54.6 million.

Roadrunner is ranked No. 49 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

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Emil Estafanous, CPA, CFF, CGMA