Roadrunner Transportation purchases Unitrans International

Special to The Freeman

March 14, 2014

CUDAHY – On Friday, Roadrunner Transportation Systems, Inc. announced it has acquired Unitrans International Corporation, a non-asset based provider of international logistics solutions based in Los Angeles.

The $55.5 million purchase price was financed by borrowings under Roadrunner’s credit facility, according to the announcement from the asset-light transportation and logistics service provider.

Unitrans provides international ocean and air transportation management, customs house brokerage, and domestic logistics solutions, with a focus on complex, cold chain, and high value shipments.

“As we have indicated, one of our key strategic objectives is expanding our international capabilities to meet our customers’ total transportation and logistics needs. The addition of Unitrans diversifies and expands our existing global supply chain solution and brings a well-run company with a proven track record of high service quality to Roadrunner,” said Mark DiBlasi, president and CEO of Roadrunner, in a statement. “Unitrans has an excellent leadership team led by Andrew Schadegg and Chris Amberg. Andrew and Chris have been integral in defining Unitrans’ strategy and shaping its culture, and will remain in place to help us realize growth in our international platform.”

In 2013, Unitrans generated revenues of approximately $84 million, according to the announcement. Unitrans is expected to be accretive to Roadrunner’s earnings in 2014.