Roadrunner Continues To Restructure, Sells Intermodal Unit To Universal Logistics Roadrunner Transportation Systems, Inc. (NYSE: RRTS ) announced the sale of its intermodal unit, Roadrunner Intermodal Services, to Universal Logistics Holdings, Inc . (NASDAQ: ULH ) for $51.25 million in cash on November 5. Roadrunner continues to restructure in 2019. The company completed a re-capitalization, significantly lowering its debt load in February and completed a 1-for-25 reverse stock split in April in order to comply with New York Stock Exchange listing requirements. In September, the company announced that it would cut its unprofitable dry van operations (Rich Logistics, headquartered in Little Rock, Arkansas) by more than half, closing five terminals and terminating approximately 450 positions in efforts to reduce lease obligations and debt. Roadrunner Intermodal Services is a provider of drayage and chassis management services, moving freight between ports, rail ramps and shipping docks. The group has 23 terminals across the U.S. and produced revenue of approximately $125 million in the …