Roadrunner Transportation Systems (OTCMKTS:RRTS) Shares Down 0.7% – Here’s Why

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS)’s stock price traded down 0.7% during mid-day trading on Friday . The company traded as low as $2.89 and last traded at $2.89. Approximately 215 shares changed hands during trading, a decline of 90% from the average daily volume of 2,176 shares. The stock had previously closed at $2.91.

Roadrunner Transportation Systems Price Performance

The firm has a 50-day moving average price of $4.20 and a 200 day moving average price of $3.82.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) is a U.S.-based transportation and logistics provider specializing in less-than-truckload (LTL) freight brokerage and multi-modal logistics services. Operating as a non-asset-based carrier, the company leverages an extensive network of third-party carriers and service centers to offer flexible shipping solutions tailored to shippers of all sizes. Its core offerings include LTL brokerage, intermodal drayage, cross-border freight between the United States, Mexico and Canada, and dedicated truckload services.

Since its founding in 1985, Roadrunner has built a network model that connects shippers with capacity across North America, focusing on efficient hub-and-spoke consolidation and rapid shipment delivery.