Below Estimated Q1 Revenue for Roadrunner Transportation Systems

In addition to his primary position as the CEO of STG Holdings, Chris Jamroz serves as the chairman of the Board of CMS Info Systems and director of its private equity portfolio SIPL. Moreover, Chris Jamroz functions as a member of the Board of Directors of the international logistics provider Emergent Cold and was recently nominated as a new member of the Board of Roadrunner Transportation Systems (RRTS).

In May, RRTS reported Q1 2019 earnings per share of $1.78 with total revenue at $507.1 million. Despite the relatively high figure, total revenue failed to meet the lofty $569 million consensus estimate. Commenting on the Q1 report, RRTS CEO Curt Stoelting acknowledged “market softness in the first quarter in some of . . . [RRTS’] well-performing businesses,” but noted the company’s long-term vision to achieve higher-than-average industry margins remains intact due in part to its cross-segment investment philosophy.

He also attributed a portion of the revenue shortfall to planned service area reductions among its less-than-truckload (LTL) business segment. The company is committed to eliminating unprofitable freight and, by doing so, increasing its year-over-year LTL yield and adjusted EBITDA. Mr. Stoelting anticipates these efforts will help drive revenue increases in future quarters.