Roadrunner Transportation Systems Inc. is selling subsidiary Unitrans Inc. for $95 million.
Downers Grove, Ill.-based Roadrunner (NYSE: RRTS), a provider of freight transportation and logistics services that recently moved its corporate headquarters from Cudahy, is selling Los-Angeles-based logistics company Unitrans, a logistics company.
Roadrunner is selling the subsidiary to global New York-based Quick International Courier in a cash deal. The transaction is expected to close this quarter.
Quick…