ROADRUNNER TRANSPORTATION SYSTEMS, INC. ?· ROADRUNNER TRANSPORTATION SYSTEMS, INC. ... with different…

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<ul><li><p>PROSPECTUS SUPPLEMENT(To Prospectus dated August 31, 2011)</p><p>ROADRUNNER TRANSPORTATION SYSTEMS, INC.</p><p>3,500,000 Shares of Common Stock</p><p>We are offering 3,400,000 shares of our common stock and the selling stockholder identified inthis prospectus supplement is offering 100,000 shares of our common stock. We will not receive anyproceeds from the shares of our common stock sold by the selling stockholder.</p><p>Our common stock is traded on the New York Stock Exchange under the symbol RRTS. OnDecember 5, 2012, the closing price of our common stock as reported on the New York StockExchange was $17.50.</p><p>Investing in our common stock involves risks. See Risk Factors beginning onpage S-9 for a description of various risks you should consider in evaluating an investment inour common stock.</p><p>Per Share Total</p><p>Public offering price $ 17.2500 $60,375,000Underwriting discount $ 0.9919 $ 3,471,650Proceeds, before expenses, to us $ 16.2581 $55,277,540Proceeds, before expenses, to the selling stockholder $ 16.2581 $ 1,625,810</p><p>We have granted the underwriters a 30-day option to purchase up to an additional 525,000shares from us on the same terms set forth above to cover over-allotments, if any.</p><p>Neither the Securities and Exchange Commission nor any state securities commissionhas approved or disapproved of these securities or passed upon the adequacy or accuracy ofthis prospectus supplement or the accompanying prospectus. Any representation to thecontrary is a criminal offense.</p><p>The underwriters expect to deliver the shares of our common stock to purchasers on or aboutDecember 11, 2012.</p><p>BairdBB&amp;T Capital Markets Raymond James Stifel Nicolaus Weisel SunTrust Robinson Humphrey</p><p>The date of this prospectus supplement is December 6, 2012.</p></li><li><p>TABLE OF CONTENTS</p><p>Prospectus Supplement</p><p>PAGE</p><p>About This Prospectus Supplement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S-iiSummary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S-1Risk Factors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S-9Cautionary Statement About Forward-Looking Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-18Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-20Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-21Price Range of Common Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-22Dividend Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-22Selling Stockholder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-23Material U.S. Federal Income Tax Consequences for Non-U.S. Holders . . . . . . . . . . . . . . . . . . . . . .S-24Underwriting (Conflicts of Interest) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-28Legal Matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-32Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-32Where You Can Find More Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-32Incorporation of Certain Information by Reference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S-32</p><p>Prospectus</p><p>PAGE</p><p>About This Prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iiProspectus Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1Risk Factors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Forward-Looking Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Prospectus Supplements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Ratio of Earnings to Fixed Charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Securities We May Offer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Description of Common Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Description of Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Description of Debt Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10Description of Warrants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23Description of Units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26Certain Provisions of Delaware Law and Our Charter and Bylaws . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27Legal Ownership of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29Selling Security Holders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33Plan of Distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33Legal Matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35Where You Can Find More Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36Incorporation of Certain Information by Reference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36</p><p>You should rely only on the information contained in or incorporated by reference intothis prospectus supplement and the accompanying prospectus. We have not, the sellingstockholder has not, and the underwriters have not, authorized any other person to provide youwith different information from that contained in this prospectus supplement, theaccompanying prospectus, and the documents incorporated by reference herein and therein. Ifanyone provides you with different or inconsistent information, you should not rely on it. Weare not, the selling stockholder is not, and the underwriters are not, making an offer to sellthese securities in any jurisdiction where the offer or sale is not permitted. The information inthis prospectus supplement and the accompanying prospectus is accurate as of the dates ontheir respective covers, regardless of time of delivery of this prospectus supplement or theaccompanying prospectus, or any sale of securities. Our business, financial condition, resultsof operations, and prospects may have changed since those dates.</p><p>S-i</p></li><li><p>ABOUT THIS PROSPECTUS SUPPLEMENT</p><p>This prospectus supplement and the accompanying prospectus form part of a registrationstatement on Form S-3 that we filed with the Securities and Exchange Commission (referred to as theSEC) using a shelf registration process. This document contains two parts. The first part consists ofthis prospectus supplement, which provides you with specific information about this offering. Thesecond part, the accompanying prospectus, provides more general information, some of which may notapply to this offering. Generally, when we refer only to the prospectus, we are referring to both partscombined.</p><p>In this prospectus supplement, the Company, we, us, our, and similar terms refer toRoadrunner Transportation Systems, Inc. and its direct and indirect subsidiaries on a consolidatedbasis, except where the context otherwise requires or as otherwise indicated. References to ourcommon stock refer to the common stock of Roadrunner Transportation Systems, Inc.</p><p>This prospectus supplement includes a discussion of risk factors and other specialconsiderations applicable to this particular offering of securities. This prospectus supplement, and theinformation incorporated herein by reference, may also add, update, or change information in theaccompanying prospectus. You should read both this prospectus supplement and the accompanyingprospectus together with the additional information described under the heading Incorporation ofCertain Information by Reference. If there is any inconsistency between the information in thisprospectus supplement and the accompanying prospectus, you should rely on the information in thisprospectus supplement.</p><p>All references in this prospectus supplement to our consolidated financial statements include,unless the context indicates otherwise, the related notes. The estimates of market share and industrydata and forecasts included in or incorporated by reference into this prospectus supplement and theaccompanying prospectus have been obtained from industry publications and surveys. Industrypublications and surveys and forecasts generally state that the information contained therein has beenobtained from sources believed to be reliable, but there can be no assurance as to the accuracy orcompleteness of included information. We have not independently verified any of the data from third-party sources, nor have we ascertained the underlying economic assumptions relied upon therein.</p><p>S-ii</p></li><li><p>SUMMARY</p><p>The information below is only a summary of more detailed information included elsewhere in orincorporated by reference into this prospectus supplement and the accompanying prospectus. Thissummary may not contain all the information that is important to you or that you should consider beforemaking a decision to invest in our common stock. Please read this entire prospectus supplement andthe accompanying prospectus, including the risk factors, as well as the information incorporated byreference into this prospectus supplement and the accompanying prospectus, carefully.</p><p>Our Company</p><p>We are a leading asset-light transportation and logistics service provider offering a full suite ofsolutions, including customized and expedited less-than-truckload, truckload and logistics,transportation management solutions, intermodal solutions (transporting a shipment by more than onemode, primarily via rail and truck), freight consolidation, inventory management, and domestic andinternational air. We utilize a broad third-party network of transportation providers, comprised ofindependent contractors (referred to as ICs) and purchased power providers, to serve a diversecustomer base in terms of end market focus and annual freight expenditures. ICs are individuals orsmall teams that own or lease their own over-the-road transportation equipment and provide us withdedicated freight capacity. Purchased power providers are unrelated asset-based over-the-roadtransportation companies that provide us with freight capacity under non-exclusive contractualarrangements. Although we service large national accounts, we primarily focus on small to mid-sizeshippers, which we believe represent an expansive and underserved market. Our business model ishighly scalable and flexible, featuring a variable cost structure that requires minimal investment intransportation equipment and facilities, thereby enhancing free cash flow generation and returns on ourinvested capital and assets.</p><p>We have three operating segments:</p><p>Less-than-Truckload. Our less-than-truckload (referred to as LTL) business involves thepickup, consolidation, linehaul, deconsolidation, and delivery of LTL shipments throughout the UnitedStates and into Mexico, Puerto Rico, and Canada. With a network of 35 LTL service centers and over200 third-party delivery agents, we employ a point-to-point LTL model that we believe serves as acompetitive advantage over the traditional hub and spoke LTL model in terms of faster transit times,lower incidence of damage, and reduced fuel consumption. Our LTL segment also includes domesticand international air transportation services.</p><p>Truckload and Logistics. Within our truckload and logistics (referred to as TL) business, wearrange the pickup, delivery, and inventory management of TL freight through our network of 30 TLservice centers, 4 freight consolidation and inventory management centers, 14 company dispatchoffices, and 80 independent brokerage agents primarily located throughout the eastern United Statesand Canada. We offer temperature-controlled, dry van, intermodal drayage, and flatbed services andspecialize in the transport of refrigerated foods, poultry, and beverages. We believe this specializationprovides consistent shipping volume year-over-year.</p><p>Transportation Management Solutions. Within our transportation management solutions(referred to as TMS) business, we offer a one-stop transportation and logistics solution, includingaccess to the most cost-effective and time-sensitive modes of transportation within our broad network.Specifically, our TMS offering includes pricing, contract management, transportation mode and carrier</p><p>S-1</p></li><li><p>selection, freight tracking, freight bill payment and audit, cost reporting and analysis, and dispatch. Ourcustomized TMS offering is designed to allow our customers to reduce operating costs, redirectresources to core competencies, improve supply chain efficiency, and enhance customer service.</p><p>Our success principally depends on our ability to generate revenues through our network ofsales personnel and independent brokerage agents and to deliver freight in all modes safely, on time,and cost-effectively through a suite of solutions tailored to the needs of each customer. Customershipping demand, over-the-road freight tonnage levels, and equipment capacity ultimately driveincrease...</p></li></ul>

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