Roadrunner Transportation Systems to spin-off Ascent Global Logistics.

Roadrunner Transportation Systems, an asset-right transportation and asset-light logistics provider, is set to spin-off Ascent Global Logistics, a freight management company. Financial terms were not disclosed. "With the actions announced today, we are left with two companies positioned to deliver significant value for their customers and investors," Chris Jamroz, Roadrunner Transportation Systems Executive Chairman.