Roadrunner Purchases Indiana-Based Logistics Provider
July 21, 2014
Asset-light trucking and logistics provider, Roadrunner Transportation Systems, has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.
ISI is a regional logistics company focused on warehousing and transportation, primarily in the automotive industry, and is based in Kokomo, Ind. Roadrunner is based in Wisconsin.
“In addition to adding capability to service customers in the Midwest, ISI brings a strong reputation for quality,” said Pat McKay, president of Roadrunner Truckload Logistics.
In 2013, Integrated Services generated revenues of approximately $21 million.
Last year Roadrunner was ranked 28th on Fortune magazine’s list of the 100 fastest growing companies.