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Photo Fanning the flames. Credit Santiago Mejia/The New York Times Updated, 10:12 a.m. Good morning on this patchy Thursday. It’s still hot. Or “unseasonably warm,” as our friends at the National Weather Service like to say. As the streets begin sizzling during the morning commute — it could feel like 84 degrees by 9 a.m.
Lower freight volumes and rates, along with declining fuel surcharge revenues drove revenues down for Cudahy-based Roadrunner Transportation Systems during the second quarter of fiscal 2016. The asset-light transportation and logistics service provider reported net income of $1.8 million, an 89 percent drop from the previous year. The company reported earnings of 5 cents per