Roadrunner Transportation Systems acquires logistics firm

Special to The Freeman

July 21, 2014

CUDAHY — Roadrunner Transportation Systems Inc. said Monday it has acquired Kokomo, Ind.-based Integrated Services, ISI Logistics and ISI Logistics South, known as Integrated Services, for $13 million.

ISI is a regional logistics provider focused on the warehousing and transportation needs of its customers, primarily the automotive industry.

“In addition to adding capability to service customers in the Midwest, ISI brings a strong reputation for quality. ISI's team, led by Mike Taylor, has done an excellent job building relationships with its customers through high service levels and creative solutions. We look forward to working with ISI's team as we collectively pursue the growth opportunities available to the business,” said Pat McKay, president of Roadrunner Truckload Logistics.

Integrated Services generated about $21 million in revenue in 2013, according to a statement. Roadrunner expects the acquisition to add to its earnings in 2014, the statement said.