Roadrunner Scores Fresh Investment, Eyes Deals
Author: Roadrunner
Investors are buying out activist Elliott Investment Management and plotting a course for the less-than-truckload carrier to expand

An investment vehicle co-led by the head of Roadrunner Transportation Systems is buying most of an activist’s stake and returning the trucker to the mergers and acquisitions game that hobbled it a decade ago.
Chris Jamroz, Roadrunner’s executive chairman and chief executive, is teaming up with Milwaukee investor Ted Kellner to take a more than 80% stake in the carrier that will reduce activist Elliott Investment Management to a minority shareholder.
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