Roadrunner bought EFS

Discussion in 'Roadrunner Transportation' started by WRONGWAY, Aug 22, 2012.

  1. WRONGWAY

    WRONGWAY Member

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    Just curious why Roadrunner would buy Expedited Freights Systems!!! EFS is a small company based out of Kenosha, WI and only has a few terminals all in the same area as Roadrunner. So are they merging both together or keeping them seprate? I worked for them for just over a year and was not impressed with the company at all. I know they grown a bit more over the last 10 years and hopefully it was a good purchase.
     
  2. oriolefan

    oriolefan Member

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    They made a huge mistake buying EFS. They have lost money and market share. The private equity firm that owns RRTS did the diligence and was sold a bag of crap. Basically holding onto RFS just for reported revenue to help show RRTS as a growth company.
     

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