Daily Archives: January 18, 2016

LME Increases Announced for February 1, 2016

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New Brighton, MN, January 18, 2016 — James Morse, Vice President of Pricing for LME, issued the following open letter to LME customers announcing rate increases to be effective February 1, 2016.

Dear Valued Customer:

First, thank you for your business and choosing LME as your transportation provider. We sincerely appreciate the opportunity to serve you and your customers.

Due to increased costs, LME will be taking a general rate increase. Costs continue to rise in the areas of technology, insurance, equipment and in working to hire qualified drivers. LME continues to re-invest in these very important areas of our business so we may offer the quality service you have come to expect.

LME will take a general rate increase of 4.5% effective February 1, 2016. We will accomplish this by decreasing the discount and increasing our minimum charges and commodity rates rather than increase the LME base rate.

Read more at www.lme4me.com

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Roadrunner Names Curtis Stoelting President and COO

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1/18/2016
Roadrunner Transportation Systems Names Curtis Stoelting President and Chief Operating Officer

Cudahy, WI – January 18, 2016 – Roadrunner Transportation Systems, Inc. (NYSE: RRTS) today announced the hiring of Curtis Stoelting as President and Chief Operating Officer. Mr. Stoelting was also appointed to Roadrunner’s Board of Directors.

Mr. Stoelting served as the Chief Executive Officer and a director of TOMY International/RC2 Corporation from January 2003 to March 2013. RC2 Corporation (NASDAQ: RCRC) was acquired by TOMY Company, Ltd. in April 2011. He previously served as RC2’s Chief Operating Officer from 2000 to 2003, Executive Vice President from 1998 to 2000 and Chief Financial Officer from 1994 to 1998. Prior to that, Mr. Stoelting was with Arthur Andersen for 12 years.

Read more at www.rrts.com

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