Roadrunner Transportation Systems (RRTS) 10-Q 30 Mar 18 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Mar. 26, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Roadrunner Transportation Systems, Inc.
Entity Central Index Key	1,440,024
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		38,495,047

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 17,066	$ 29,513
Accounts receivable, net of allowances of $13,659 and $18,573, respectively	287,276	272,924
Income tax receivable	37,167	40,766
Prepaid expenses and other current assets	35,281	31,284
Total current assets	376,790	374,487
Property and equipment, net of accumulated depreciation of $102,335 and $88,453, respectively	162,722	171,857
Other assets:
Goodwill	265,296	312,541
Intangible assets, net	50,850	65,549
Other noncurrent assets	6,853	9,120
Total other assets	322,999	387,210
Total assets	862,511	933,554
Current liabilities:
Current maturities of debt	7,597	445,589
Accounts payable	137,561	149,067
Accrued expenses and other current liabilities	101,173	89,381
Total current liabilities	246,331	684,037
Deferred tax liabilities	30,865	44,174
Other long-term liabilities	10,592	7,875
Long-term Debt, Excluding Current Maturities	185,480	0
Preferred stock	255,646	0
Total liabilities	728,914	736,086
Commitments and contingencies (Note 11)
Stockholders’ investment:
Common stock $.01 par value; 105,000 shares authorized; 38,421 and 38,341 shares issued and outstanding	384	383
Additional paid-in capital	402,589	398,602
Retained deficit	(269,376)	(201,517)
Total stockholders’ investment	133,597	197,468
Total liabilities and stockholders’ investment	$ 862,511	$ 933,554

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Accounts receivable, net of allowances	$ 13,659	$ 18,573
Property and equipment, net of accumulated depreciation	$ 102,335	$ 88,453
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	38,421,000	38,341,000
Common stock, shares outstanding	38,421,000	38,341,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Revenues	$ 521,433	$ 532,009	$ 1,530,932	$ 1,481,972
Operating expenses:
Purchased transportation costs	358,480	358,271	1,033,197	981,971
Personnel and related benefits	73,263	72,767	223,345	212,806
Other operating expenses	100,123	80,433	291,711	239,967
Depreciation and amortization	9,319	9,248	27,834	27,636
Gain from sale of Unitrans	(35,440)	0	(35,440)	0
Impairment charges	4,402	372,081	4,402	372,081
Total operating expenses	510,147	892,800	1,545,049	1,834,461
Operating income (loss)	11,286	(360,791)	(14,117)	(352,489)
Interest expense	10,502	5,757	45,382	17,060
Loss from debt extinguishment	6,049	0	15,876	0
Interest expense - preferred stock	8,683	0	33,723	0
Interest expense - debt	1,819	5,757	11,659	17,060
Loss before provision for (benefit from) income taxes	(5,265)	(366,548)	(75,375)	(369,549)
Provision for (benefit from) income taxes	4,788	(46,930)	(7,516)	(48,092)
Net loss	$ (10,053)	$ (319,618)	$ (67,859)	$ (321,457)
Loss per share:
Basic (in dollars per share)	$ (0.26)	$ (8.34)	$ (1.77)	$ (8.39)
Diluted (in dollars per share)	$ (0.26)	$ (8.34)	$ (1.77)	$ (8.39)
Weighted average common stock outstanding:
Basic (in shares)	38,420	38,328	38,399	38,310
Diluted (in shares)	38,420	38,328	38,399	38,310

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Statement of Cash Flows [Abstract]
Net loss	$ (67,859)	$ (321,457)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	28,780	29,675
Loss (gain) on disposal of property and equipment	1,066	(5,726)
Gain on sale of business	(35,440)	0
Share-based compensation	1,647	1,653
Change in fair value of preferred stock	10,716	0
Amortization of preferred stock issuance costs	16,112	0
Loss from debt extinguishment	15,876	0
Adjustment to contingent purchase obligation	0	(2,458)
Provision for bad debts	2,847	2,826
Deferred tax benefit	10,193	46,899
Impairment charges	4,402	372,081
Changes in:
Accounts receivable	(32,701)	(41,102)
Income tax receivable	3,599	(8,330)
Prepaid expenses and other assets	(768)	1,063
Accounts payable	(5,384)	53,432
Accrued expenses and other liabilities	17,329	5,597
Net cash (used in) provided by operating activities	(49,971)	40,355
Cash flows from investing activities:
Capital expenditures	(11,212)	(16,156)
Proceeds from sale of business	88,500	1,000
Proceeds from sale of property and equipment	2,689	6,014
Net cash provided by (used in) investing activities	79,989	(9,142)
Cash flows from financing activities:
Borrowings under revolving credit facilities	236,905	197,789
Payments under revolving credit facilities	(268,568)	(213,038)
Debt borrowings	56,780	0
Debt payments	(278,819)	(14,750)
Debt issuance costs and discount	(4,672)	(692)
Cash collateralization of letters of credit	(1,211)	0
Payments of contingent purchase obligations	0	798
Issuance of restricted stock units, net of taxes paid	(230)	(276)
Proceeds from issuance of common stock, net of issuance costs	(10,960)	0
Preferred stock issuance costs	(16,112)	0
Proceeds from issuance of preferred stock and warrants	540,500	0
Preferred stock payments	(293,000)	0
Payment of capital lease obligation	(3,078)	(4,314)
Net cash used in financing activities	(42,465)	(36,079)
Net decrease in cash and cash equivalents	(12,447)	(4,866)
Cash and cash equivalents:
Beginning of period	29,513	7,930
End of period	17,066	3,064
Supplemental cash flow information:
Cash paid for interest	24,625	14,731
Cash paid for (refunds from) income taxes, net	(2,215)	993
Receivable from sale of business	$ 0	$ 3,860

Organization, Nature of Busines

Organization, Nature of Business and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Nature of Business and Significant Accounting Policies	1. Organization, Nature of Business and Significant Accounting Policies Nature of Business Roadrunner Transportation Systems, Inc. (the “Company”) is headquartered in Downers Grove, Illinois and has the following three segments: Truckload Logistics (“TL”), Less-than-Truckload (“LTL”), and Ascent Global Logistics (“Ascent”). Within its TL business, the Company operates a network of TL service centers and company dispatch offices which are augmented by independent brokerage agents. Within its LTL business, the Company operates LTL service centers throughout the United States, complemented by relationships with numerous delivery agents. Within its Ascent business, the Company operates service centers, dispatch offices, and freight consolidation and inventory management centers throughout the United States. From pickup to delivery, the Company leverages relationships with a diverse group of third-party carriers to provide scalable capacity and reliable, customized service to its customers, including domestic and international air and ocean transportation services. The Company operates primarily in the United States. Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). All intercompany balances and transactions have been eliminated in consolidation. In the Company's opinion, these financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the operations for the interim periods presented. Interim results are not necessarily indicative of results for a full year. Change in Accounting Principle On January 1, 2017, the Company adopted Accounting Standards Update (“ASU”) No. 2016-09, Compensation - Stock Compensation (Topic 718), Improvements to Share-Based Payment Accounting. The Company will prospectively recognizes any excess tax benefits or tax deficiencies through the condensed consolidated statements of operations and also offsets excess tax benefits and/or tax deficiencies against taxes payable. Also, the Company adopted the classification of the excess tax benefit on a retrospective basis and did not present excess tax benefits and/or tax deficiencies as financing activities within the condensed consolidated statements of cash flows for either period presented. Tax deficiency on share-based compensation was $0.5 million for the nine months ended September 30, 2016 . The Company has elected to recognize forfeitures as they occur. Fair Value Option The fair value option election allows entities to make an irrevocable election of fair value as the initial and subsequent measurement attribute for certain eligible financial assets and liabilities. The decision to elect the fair value option is determined on an instrument by instrument basis and must be applied to an entire instrument and is irrevocable once elected. The Company has elected to measure its preferred stock at fair value pursuant to ASC 820, Fair Value Measurement. Changes in the fair value of preferred stock are recorded in interest expense - preferred stock in the condensed consolidated statements of operations. See Notes 5 and 6 for further information. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09 (“ASU 2014-09”), which was updated in August 2015 by ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606). The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In March 2016, the FASB issued ASU No. 2016-08 (“ASU 2016-08”), Revenue from Contracts with Customers - Principal versus Agent Considerations (Reporting Revenue Gross versus Net). Under ASU 2016-08, when another party is involved in providing goods or services to a customer, an entity is required to determine whether the nature of its promise is to provide the specified good or service (that is, the entity is a principal) or to arrange for that good or service to be provided by another party. When the principal entity satisfies a performance obligation, the entity recognizes revenue in the gross amount. When an entity that is an agent satisfies the performance obligation, that entity recognizes revenue in the amount of any fee or commission to which it expects to be entitled. Both ASU 2014-09 and ASU 2016-08 will be effective for the Company in 2018. The Company expects to adopt the new revenue standard on January 1, 2018 and is currently assessing all potential impacts of this standard. The Company determined key factors from the five-step process to recognize revenue as prescribed by the new standard that may be applicable to each of the Company's operating businesses that roll up into its three segments. Significant customers and contracts from each business unit were identified and the Company substantially completed the review of these contracts. Evaluation of the provisions of these contracts, and the comparison of historical accounting policies and practices to the requirements of the new standard (including the related qualitative disclosures regarding the potential impact of the effects of the accounting policies the Company expects to apply and a comparison to the Company's current revenue recognition policies), is in process. The Company will complete its process before filing its Form 10-Q for the quarter ending March 31, 2018. The Company's work to date indicates that certain transactions with customers may require a change in the timing of when revenue and related expense is recognized. The Company is currently in the process of determining the expected quantitative impact that the adoption of Topic 606 will have on its financial statements. The standard allows for either a full retrospective or a modified retrospective adoption approach. The Company has not yet selected a transition method, as this decision will be dependent on the completion of its analysis as discussed above. The Company expects to make this determination prior to filing of, and make disclosure of that determination in, its Form 10-K for the fiscal year ended December 31, 2017 . In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), which will be effective for the Company in 2019. For financing leases, a lessee is required to: (1) recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments; (2) recognize interest on the lease liability separately from amortization of the right-of-use asset; and (3) classify repayments of the principal portion of the lease liability within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows. For operating leases, a lessee is required to: (1) recognize the right-to-use asset and a lease liability, initially measured at the present value of the lease payments; (2) recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term generally on a straight-line basis; and (3) classify all cash payments within operating activities in the statement of cash flows. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying assets not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The Company is in the process of evaluating the guidance in ASU 2016-02 and will determine the total impact of the new guidance based on the current lease arrangements that are expected to remain in place. The Company expects adoption of this guidance will have a material impact on the Company's consolidated balance sheet given the Company will be required to record operating leases with lease terms greater than 12 months within assets and liabilities on the consolidated balance sheets. The Company has not yet determined how it will handle lease terms of 12 months or less. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230) (“ASU 2016-15”), which will be effective for the Company in 2018. ASU 2016-15 provides guidance on specific cash flow issues, including but not limited to, debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, and distributions received from equity method investees. ASU 2016-15 provides guidance on how to account for the cash inflows and/or outflows in the statement of cash flows. The Company does not expect this ASU to have a material impact on the Company's consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740) Intra-Entity Transfers of Assets Other than Inventory (“ASU 2016-16”), which will be effective for the Company in 2018. GAAP currently prohibits the recognition of current and deferred income taxes for intra-entity asset transfers other than inventory (e.g. property and equipment) until the asset has been sold to an outside party. Under ASU 2016-16, the FASB decided that an entity should recognize the income tax consequences of an intra-entity transfer of an asset when the transfer occurs. ASU 2016-16 does not include any new disclosure requirements; however, existing disclosure around the rate reconciliations and types of temporary differences and/or carryforward that give rise to a significant portion of deferred income taxes may be applicable. The Company is in the process of evaluating the guidance for ASU 2016-16 and has not yet quantified the potential impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment (“ASU 2017-04”), which will be effective for the Company in 2020, but early adoption is permitted for interim and annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 eliminates step two from the goodwill impairment test and instead requires an entity to recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. ASU 2017-04 reduces the amount of time and money spent determining the implied fair value of goodwill, which would allow the Company to more quickly evaluate and identify a recognized impairment. The Company early adopted this ASU and applied it to its goodwill impairment analysis as of July 1, 2017.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	3. Goodwill and Intangible Assets Goodwill represents the excess of the purchase price of all acquisitions over the estimated fair value of the net assets acquired. The Company evaluates goodwill and intangible assets for impairment at least annually or more frequently whenever events or changes in circumstances indicate that the asset may be impaired, or in the case of goodwill, the fair value of the reporting unit is below its carrying amount. The analysis of potential impairment of goodwill requires the Company to compare the estimated fair value at each of its reporting units to its carrying amount, including goodwill. If the carrying amount of the reporting unit exceeds the estimated fair value of the reporting unit, a non-cash goodwill impairment loss is recognized as an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. For purposes of the impairment analysis, the fair value of the Company’s reporting units is estimated based upon an average of the market approach and the income approach, both of which incorporate numerous assumptions and estimates such as company forecasts, discount rates and growth rates, among others. The determination of the fair value of the reporting units and the allocation of that value to individual assets and liabilities within those reporting units requires the Company to make significant estimates and assumptions. These estimates and assumptions primarily include, but are not limited to, the selection of appropriate peer group companies, control premiums appropriate for acquisitions in the industries in which the Company competes, the discount rate, terminal growth rates, and forecasts of revenue, operating income, and capital expenditures. Although the Company believes its estimates of fair value are reasonable, actual financial results could differ from those estimates due to the inherent uncertainty involved in making such estimates. Changes in assumptions concerning future financial results or other underlying assumptions could have a significant impact on either the fair value of the reporting units, the amount of the goodwill impairment charge, or both. Future declines in the overall market value of the Company's stock may also result in a conclusion that the fair value of one or more reporting units has declined below its carrying value. The Company has four reporting units for its three segments: one reporting unit for its TL segment; one reporting unit for its LTL segment; and two reporting units for its Ascent segment, which are the Ascent reporting unit and the Warehousing & Consolidation reporting unit. The Company conducted its goodwill impairment analysis for each of its four reporting units at July 1, 2017 and determined that no impairment had occurred, as each reporting unit's fair value exceeded the carrying value. The sale of Unitrans, which was included in the Ascent reporting unit, reduced the Ascent reporting unit's goodwill and gross carrying amount of intangible asset balances by $42.8 million and $12.0 million, respectively, resulting in an incremental impairment analysis on the remaining net assets of the Ascent reporting unit. The Company evaluated the remaining carrying value of goodwill for the Ascent reporting unit and compared it to the relative fair value of the remaining businesses in the Ascent reporting unit. As a result of this evaluation, the Company determined the carrying value exceeded the fair value and recorded a $4.4 million impairment charge in the third quarter of 2017. The following is a rollforward of goodwill from December 31, 2016 to September 30, 2017 by segment (in thousands): TL LTL Ascent Total Goodwill balance as of December 31, 2016 $ 99,214 $ — $ 213,327 $ 312,541 Adjustments to goodwill for sale of Unitrans — — (42,843 ) (42,843 ) Impairment charges — — (4,402 ) (4,402 ) Goodwill balance as of September 30, 2017 $ 99,214 $ — $ 166,082 $ 265,296 The following is a breakdown of the Company's accumulated goodwill impairment losses from December 31, 2016 to September 30, 2017 by segment (in thousands): TL LTL Ascent Total Balance as of December 31, 2016 $ 157,538 $ 197,312 $ 17,231 $ 372,081 Impairment charges — — 4,402 4,402 Balance as of September 30, 2017 $ 157,538 $ 197,312 $ 21,633 $ 376,483 Intangible assets consist primarily of customer relationships acquired from business acquisitions. Intangible assets as of September 30, 2017 exclude the net carrying value of customer relationship intangible assets of Unitrans of $8.5 million . Intangible assets as of September 30, 2017 and December 31, 2016 were as follows (in thousands): September 30, 2017 December 31, 2016 Gross Accumulated Net Carrying Gross Accumulated Net Carrying TL $ 54,973 $ (17,015 ) $ 37,958 $ 54,973 $ (13,606 ) $ 41,367 LTL 1,358 (1,133 ) 225 1,358 (1,083 ) 275 Ascent 26,427 (13,760 ) 12,667 38,427 (14,520 ) 23,907 Total $ 82,758 $ (31,908 ) $ 50,850 $ 94,758 $ (29,209 ) $ 65,549 The customer relationships intangible assets are amortized over their estimated useful lives, ranging from five to 12 years. Amortization expense was $2.0 million and $2.1 million for the three months ended September 30, 2017 and 2016 , respectively. Amortization expense was $6.1 million and $6.4 million for the nine months ended September 30, 2017 and 2016 , respectively. Estimated amortization expense for each of the next five years based on intangible assets as of September 30, 2017 is as follows (in thousands): Remainder 2017 $ 1,749 2018 6,933 2019 6,629 2020 6,257 2021 6,075 Thereafter 23,207 Total $ 50,850

Divestitures (Notes)

Divestitures (Notes)	9 Months Ended
	Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	2. Divestitures On September 15, 2017 , the Company completed the sale of its wholly-owned subsidiary Unitrans, Inc. (“Unitrans”). The Company received net proceeds of $88.5 million and recognized a gain of $35.4 million . The proceeds from the sale were used primarily to redeem a portion of the Series E Preferred Stock and to provide funding for operations. The results of operations and financial condition of Unitrans have been included in the Company's condensed consolidated financial statements within the Company's Ascent segment until the date of sale. The divestiture of Unitrans did not meet the criteria for being classified as a discontinued operation and accordingly, its results are presented within continuing operations.

Debt

Debt	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Debt	. Debt Debt as of September 30, 2017 and December 31, 2016 consisted of the following (in thousands): September 30, December 31, ABL Facility: Revolving credit facility $ 141,037 $ — Term loan 55,711 — Total ABL Facility $ 196,748 $ — Senior debt: Revolving credit facility $ — $ 172,700 Term loan — 277,750 Total senior debt $ — $ 450,450 Less: Debt issuance costs and discount (3,671 ) (4,861 ) Total debt, net of debt issuance costs and discount 193,077 445,589 Less: Current maturities (7,597 ) (445,589 ) Total debt, net of current maturities $ 185,480 $ — ABL Facility On July 21, 2017, the Company entered into the Asset-Based Lending (“ABL”) Facility with BMO Harris Bank, N.A. and certain other lenders (the “ABL Facility”). The Company used the initial proceeds from the ABL Facility for working capital purposes and to redeem all of the outstanding shares of its Series F Preferred Stock. The ABL Facility matures on July 21, 2022. The ABL Facility consists of a: • $200.0 million asset-based revolving line of credit, of which $20.0 million may be used for swing line loans and $30.0 million may be used for letters of credit; • $56.8 million term loan facility; and • $35.0 million asset-based facility available to finance future capital expenditures. The Company initially borrowed $141.7 million under the revolving line of credit and $56.8 million under the term loan facility. Principal on the term loan facility is due in quarterly installments commencing on March 31, 2018. Borrowings under the ABL Facility are secured by substantially all of the assets of the Company. Borrowings under the ABL Facility bear interest at either the (a) LIBOR Rate (as defined in the credit agreement) plus an applicable margin in the range of 1.5% to 2.25% , or (b) the Base Rate (as defined in the credit agreement) plus an applicable margin in the range of 0.5% to 1.25% . The ABL Facility contains a minimum fixed charge coverage ratio financial covenant that must be maintained when excess availability falls below a specified amount. In addition, the ABL Facility contains negative covenants limiting, among other things, additional indebtedness, transactions with affiliates, additional liens, sales of assets, dividends, investments and advances, prepayments of debt, mergers and acquisitions, and other matters customarily restricted. The ABL Facility also contains customary events of default, including payment defaults, breaches of representations and warranties, covenant defaults, events of bankruptcy and insolvency, failure of any guaranty or security document supporting the credit agreement to be in full force and effect, and a change of control of the Company's business. On December 15, 2017, the Company entered into a First Amendment to the ABL Facility. On January 30, 2018, the Company entered into a Second Amendment to the ABL Facility. See Note 14 for additional information regarding both Amendments to the ABL Facility. Senior Debt On September 24, 2015 , the Company entered into a sixth amended and restated credit agreement (the “credit agreement”) with U.S. Bank National Association and other lenders, which increased the revolving credit facility from $350.0 million to $400.0 million and the term loan from $200.0 million to $300.0 million . The credit facility had a maturity date of July 9, 2019 . Principal on the term loan was due in quarterly installments of $3.8 million . On June 17, 2016, the Company entered into a Consent, Waiver, and First Amendment (the “Amendment”) to the credit agreement. Pursuant to the Amendment, the Company, among other things, reduced the revolving line of credit under the senior credit facility from a maximum aggregate amount of $400.0 million to $300.0 million . The Company further reduced the revolving line of credit under the senior credit facility to $250.0 million pursuant to a Waiver entered into on November 14, 2016. The credit agreement was collateralized by all assets of the Company and contained certain financial covenants, including a maximum cash flow leverage ratio and a minimum fixed charge coverage ratio. The Company was not in compliance with its debt covenants for the year ended December 31, 2016 and accordingly, the Company's senior debt was classified as current on its condensed consolidated balance sheets. The senior debt was paid off with the proceeds from the issuance of preferred stock on May 2, 2017. See Note 5 for further information. In connection with the pay-off the Company recorded a loss from debt extinguishment of $9.8 million .

Preferred Stock (Notes)

Preferred Stock (Notes)	9 Months Ended
	Sep. 30, 2017
Preferred Stock [Abstract]
Preferred Stock	5. Preferred Stock Preferred stock as of September 30, 2017 and December 31, 2016 consisted of the following (in thousands): September 30, December 31, Preferred stock: Series B Preferred $ 145,083 $ — Series C Preferred 68,507 — Series D Preferred 7,829 — Series E Preferred 34,227 — Total Preferred stock $ 255,646 $ — Preferred Stock On May 1, 2017 , the Company entered into an Investment Agreement (“Investment Agreement”), which closed on May 2, 2017 , with affiliates of Elliott Management Corporation (“Elliott”) , pursuant to which the Company issued and sold shares of its preferred stock and issued warrants to Elliott for an aggregate purchase price of $540.5 million . The proceeds of the sale of the preferred stock were used to pay off and terminate the Company’s senior credit facility and to provide working capital to support the Company’s current operations and future growth. The Company made certain customary representations and warranties and agreed to certain covenants, including agreeing to use reasonable best efforts to enter into, within 90 days following the closing date, an asset based lending facility (the earlier of (i) the date of such entry and (ii) the expiration of such 90 day period, the “Refinancing Date”). From the closing date until the Refinancing Date, the Company agreed to pay Elliott a daily payment in an amount equal to $33,333.33 per calendar day (which amount accrued daily and was payable monthly in arrears). On July 21, 2017, the Company entered into the ABL Facility (which was deemed to be the “New ABL Facility” under the Investment Agreement). The preferred stock is mandatorily redeemable and, as such, is presented as a liability on the condensed consolidated balance sheets. The Company has elected to measure the value of its preferred stock using the fair value method. Under the fair value method, issuance costs are expensed as incurred. The Company incurred $16.1 million of issuance costs associated with the preferred stock for the nine months ended September 30, 2017 , which are reflected in interest expense - preferred stock on the condensed consolidated statements of operations. The fair value of the preferred stock increased by $1.8 million and $10.7 million during the three and nine months ended September 30, 2017 , respectively, which are reflected in interest expense - preferred stock on the condensed consolidated statements of operations. In connection with the repurchase of the Series F Preferred Stock and repurchase of a portion of the Series E Preferred Stock, the Company recorded a loss of $6.0 million reported in loss from debt extinguishment in the statements of operations. Certain Terms of the Preferred Stock Series B Series C Series D Series E Series F Shares at $0.01 Par Value at issuance 155,000 55,000 100 90,000 240,500 Shares outstanding at September 30, 2017 155,000 55,000 100 37,500 — Price / Share $1,000 $1,000 $1.00 $1,000 $1,000 Dividend Rate Adjusted LIBOR + 3.00% + Additional Rate (4.75-12.50%) based on leverage. Additional 3.00% upon certain triggering events. Adjusted LIBOR + 3.00% + Additional Rate (4.75-12.50%) based on leverage. Additional 3.00% upon certain triggering events. Right to participate equally and ratably in all cash dividends paid on common stock. Adjusted LIBOR + 5.25% + Additional Rate (8.50%). Additional 3.00% upon certain triggering events. Adjusted LIBOR + 6.25% at closing. Additional 3.00% upon certain triggering events. Dividend rate as of 9/30/2017 16.726% 16.726% 14.976% 14.976% n/a Redemption Term 8 Years 8 Years 8 Years 6 Years 6 Years Redemption Rights From Closing Date: 12-24 months: 105% 65% premium (subject to stock movement) From Closing Date: 0-12 months: 106.5% (a) Refinancing Date: 101.0% upon redemption with New ABL Facility From Closing Date: Redemption rights are at the option of the Company or upon a change in control, at the option of the holder. The holders of Series C Preferred Stock and Series D Preferred Stock have the right to participate equally and ratably with holders of common stock in all cash dividends paid on shares of common stock. At each preferred stock dividend payment date, the Company has the option to pay the accrued dividends in cash or to defer them. Deferred dividends earn dividend income consistent with the underlying shares of preferred stock. Other Terms of the Preferred Stock Voting. The holders of preferred stock will generally not be entitled to vote on any matters submitted to a vote of the stockholders of the Company. So long as any shares of preferred stock are outstanding, the Company may not take certain actions without the prior approval of the holders of shares of preferred stock representing a majority of the aggregate liquidation value of all of the shares of preferred stock (the “Preferred Requisite Vote”), voting as a separate class. Board of Directors. For so long as (a) any shares of Series B Preferred Stock or Series C Preferred Stock are issued and outstanding and (b) Elliott hold shares of preferred stock collectively representing a majority of the liquidation value of the preferred stock, the holders of preferred stock shall have the exclusive right, acting with the Preferred Requisite Vote, to nominate and elect two (2) individuals selected by the holders of preferred stock, or to require the Company’s Board of Directors to fill two (2) vacancies in the Board of Directors with individuals selected by the holders of preferred stock, to serve as, respectively, a Class II director and a Class III director of the Company (the “Preferred Stock Directors”). Following the redemption of all shares of Series B Preferred Stock and Series C Preferred Stock have been redeemed, and until such time as all shares of Series D Preferred Stock are redeemed, for so long as Elliott holds at least 5.0% of the equity value of the Company, the holders of preferred stock shall have the exclusive right acting with the Preferred Requisite Vote, to (i) nominate and elect one (1) Preferred Stock Director, and (ii) designate one individual to act as an observer to the Board of Directors. In the event of any Triggering Event (as defined in the Certificates of Designations), subject to applicable rules of the New York Stock Exchange, including, without limitation, independent director requirements, the number of directors constituting the Board of Directors shall be increased such that the number of vacancies on the Board of Directors resulting from such increase (the “Triggering Event Vacancies”), together with the Preferred Stock Directors (to the extent then serving on the Board of Directors), constitutes a majority of the Board of Directors. The holders of preferred stock shall have the right, acting with the Preferred Requisite Vote, to nominate and elect individuals selected by the holders of preferred stock to fill such Triggering Event Vacancies and thereby serve as directors of the Company, or to require the Board of Directors to act to fill such Triggering Event Vacancies with individuals selected by such holders of preferred stock, to serve as directors of the Company, and the size of the Board of Directors shall be increased as needed. Each such director so elected is referred to as a “Triggering Event Director”. When a Triggering Event is no longer continuing, then the right of the holders of preferred stock to elect the Triggering Event Directors will cease, the terms of office of the Triggering Event Directors will immediately terminate and the number of directors constituting the Board of Directors will be reduced accordingly. The holders of preferred stock have other rights in the event of a Triggering Event, as described in the Certificate of Designations. Warrant Agreement In connection with the issuance of the preferred stock pursuant to the Investment Agreement, the Company and Elliott entered into a Warrant Agreement (the “Warrant Agreement”), pursuant to which the Company issued to Elliott eight year warrants (the “Warrants”) to purchase an aggregate of 379,572 shares of the Company's common stock at an exercise price of $0.01 per share. The value of the Warrants was determined to be $2.6 million based upon the Black-Scholes option pricing model. The warrants were classified as an equity contract and reflected in additional paid-in capital. Stockholders’ Agreement In connection with the issuance of the preferred stock pursuant to the Investment Agreement, the Company and Elliott entered into a Stockholders’ Agreement (the “Stockholders’ Agreement”), pursuant to which Elliott was granted certain preemptive rights and other rights. Subject to customary exceptions, each Eligible Elliott Party (as defined in the Stockholders’ Agreement) shall have the right to purchase their pro rata percentage of subsequent issuances of equity securities offered by the Company in any non-public offering. Registration Rights Agreement In connection with the issuance of the preferred stock pursuant to the Investment Agreement, the Company, Elliott, and investment funds affiliated with HCI Equity Management L.P. (“HCI”) entered into a Registration Rights Agreement (the “Registration Rights Agreement”), pursuant to which the Company granted certain demand and piggyback registration rights.

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Fair value measurement	. Fair Value Measurement Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories: Level 1 — Quoted market prices in active markets for identical assets or liabilities. Level 2 — Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3 — Unobservable inputs reflecting the reporting entity’s own assumptions or external inputs from inactive markets. The classification of a financial asset or liability within the hierarchy is determined based on the lowest level of input that is significant to the fair value measurement. The Company has elected to measure its preferred stock using the fair value method. The fair value of the preferred stock is the estimated amount that would be paid to redeem the liability in an orderly transaction between market participants at the measurement date. The Company calculates the fair value of: • the Series B Preferred Stock using a lattice model that takes into consideration the Company's call right on the instrument based on simulated future interest rates; • the Series C Preferred stock using a lattice model that takes into consideration the future redemption value on the instrument, which is tied to the Company's stock price; • the Series D Preferred Stock using a static discounted cash flow approach, where the expected redemption value of the instrument is based on the value of the Company's stock as of the measurement date grown at the risk-free rate; • the Series E Preferred Stock via application of both (i) a static discounted cash flow approach and (ii) a lattice model that takes into consideration the Company's call right on this instrument based on simulated future interest rates; and • the Series F Preferred Stock using a static discounted cash flow approach that assumes the Series F will be fully redeemed in 2017. These valuations are considered to be Level 3 fair value measurements as the significant inputs are unobservable and require significant management judgment or estimation. Considerable judgment is required in interpreting market data to develop the estimates of fair value. Accordingly, the Company’s estimates are not necessarily indicative of the amounts that the Company, or holders of the instruments, could realize in a current market exchange. Significant assumptions used in the fair value models include: the estimates of the redemption dates; credit spreads; dividend payments; and the market price of the Company’s common stock. The use of different assumptions and/or estimation methodologies could have a material effect on the estimated fair values. The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 preferred stock liability balance for the three and nine months ended September 30, 2017 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2017 Balance, beginning of period $ 546,858 $ — Issuance of preferred stock at fair value — 537,930 Redemption of preferred stock (293,000 ) (293,000 ) Change in fair value of preferred stock (1) 1,788 10,716 Balance, end of period $ 255,646 $ 255,646 (1) Change in fair value of preferred stock is reported in interest expense - preferred stock in the condensed consolidated statements of operations. Certain of the Company’s acquisitions contained contingent purchase obligations. The contingent purchase obligation related to acquisitions is measured at fair value on a recurring basis, according to the valuation techniques the Company used to determine fair value. Changes to the fair value are recognized as income or expense within other operating expenses in the condensed consolidated statements of operations. In measuring the fair value of the contingent purchase obligation, the Company used an income approach that considers the expected future earnings of the acquired businesses, for the varying performance periods, based on historical performance and the resulting contingent payments, discounted at a risk-adjusted rate. At September 30, 2017 and December 31, 2016, the Company had no contingent purchase obligations related to acquisitions. The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 financial liability balance for the three and nine months ended September 30, 2016 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2016 Balance, beginning of period $ 4,211 $ 4,913 Payments of contingent purchase obligations — (798 ) Interest expense (96 ) — Adjustments to contingent purchase obligations (1) (2,458 ) (2,458 ) Balance, end of period $ 1,657 $ 1,657 (1) Adjustments to contingent purchase obligations are reported in other operating expenses in the condensed consolidated statements of operations.

Stockholders' Investment

Stockholders' Investment	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Stockholders' investment	. Stockholders’ Investment Changes in stockholders’ investment for the three and nine months ended September 30, 2017 and 2016 consisted of the following (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Beginning balance $ 143,286 $ 555,264 $ 197,468 $ 556,439 Net loss (10,053 ) (319,618 ) (67,859 ) (321,457 ) Share-based compensation 379 527 1,647 1,653 Issuance of warrants — — 2,571 — Issuance of restricted stock units, net of taxes paid (15 ) (99 ) (230 ) (276 ) Tax deficiency on share-based compensation — (180 ) — (465 ) Ending balance $ 133,597 $ 235,894 $ 133,597 $ 235,894

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	. Earnings Per Share Basic loss per common share is calculated by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted loss per share is calculated by dividing net loss by the weighted average common stock outstanding plus stock equivalents that would arise from the assumed exercise of stock options, the conversion of warrants, and the delivery of stock underlying restricted stock units using the treasury stock method. There is no difference, for any of the periods presented, in the amount of net loss used in the computation of basic and diluted loss per share. The Company had stock options and warrants outstanding of 1,903,467 as of September 30, 2017 and 3,265,393 as of September 30, 2016 that were not included in the computation of diluted loss per share because they were not assumed to be exercised under the treasury stock method or because they were anti-dilutive. All restricted stock units were anti-dilutive for the three and nine months ended September 30, 2017 . Since the Company was in a net loss position for the three and nine months ended September 30, 2017 and 2016, there is no difference between basic and dilutive weighted average common stock outstanding.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	. Income Taxes The effective income tax rate was (90.9)% for the three months ended September 30, 2017 and 10.0% for the nine months ended September 30, 2017 . The effective income tax rate was 12.8% for three months ended September 30, 2016 and 13.0% for the nine months ended September 30, 2016 . The provision for (benefit from) income taxes varies from the amount computed by applying the federal corporate income tax rate of 35.0% to loss before provision for (benefit from) income taxes primarily due to state income taxes (net of federal tax effect) and adjustments for permanent differences. In determining the provision for (benefit from) income taxes, the Company applied an estimated annual effective tax rate to its ordinary operating results, and calculated the tax benefit or provision, if any, of other discrete items individually as they occurred. The estimated annual effective tax rate was based on expected ordinary operating results, statutory tax rates, and the Company's best estimate of non-deductible and non-taxable items of ordinary income and expense. Non-deductible interest expense associated with the Company's preferred stock impacted the estimated annual effective tax rate for 2017, and therefore increased the income tax expense, and decreased the income tax benefit, the Company incurred and received during the three and nine months ended September 30, 2017 , respectively. Significant discrete items recognized during the three and nine months ended September 30, 2017 included loss from debt extinguishment (tax benefit for senior debt payoff; no tax benefit for partial redemption of preferred stock), preferred stock issuance costs (no tax benefit), and gain on the sale of Unitrans (tax provision). Goodwill impairment charges incurred during the third quarter are primarily non-deductible and affected the effective income tax rate and provision for (benefit from) income taxes for the three and nine months ended September 30, 2017 and September 30, 2016 .

Guarantees

Guarantees	9 Months Ended
	Sep. 30, 2017
Guarantees [Abstract]
Guarantees	. Guarantees The Company provides a guarantee for a portion of the value of certain independent contractors' (“IC”) leased tractors. The guarantees expire at various dates through 2021 . The potential maximum exposure under these lease guarantees was approximately $11.4 million as of September 30, 2017 . Upon an IC default, the Company has the option to purchase the tractor or return the tractor to the leasing company if the residual value is greater than the Company’s guarantee. Alternatively, the Company can contract another IC to assume the lease. The Company estimated the fair value of its liability under this on-going guarantee to be $1.4 million and $1.6 million as of September 30, 2017 and December 31, 2016 , respectively, which are recorded in the condensed consolidated balance sheets in accrued expenses and other current liabilities. The Company began to offer a lease purchase program that did not include a guarantee, and offered newer equipment under factory warranty that was more cost effective. ICs began electing the newer lease purchase program over the legacy lease guarantee programs which led to an increase in unseated legacy tractors. In late 2016, management committed to a plan to divest these older assets and recorded a loss reserve of $8.9 million as of December 31, 2016 . The loss reserve for the guarantee and reconditioning costs associated with the planned divestiture was $2.4 million as of September 30, 2017 , which was recorded in the condensed consolidated balance sheets in accrued expenses and other current liabilities. The Company paid $0.9 million and $2.4 million under these lease guarantees during the third quarter of 2017 and 2016 , respectively, and $7.9 million and $7.8 million during the first nine months of 2017 and 2016 , respectively.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	11. Commitments and Contingencies In the ordinary course of business, the Company is a defendant in several legal proceedings arising out of the conduct of its business. These proceedings include claims for property damage or personal injury incurred in connection with the Company’s services. Although there can be no assurance as to the ultimate disposition of these proceedings, the Company does not believe, based upon the information available at this time, that these property damage or personal injury claims, in the aggregate, will have a material impact on its consolidated financial statements. The Company maintains an aggregate of $100 million of auto liability and general liability insurance. The Company maintains auto liability insurance coverage for claims in excess of $1.0 million per occurrence and cargo coverage for claims in excess of $100,000 per occurrence. The Company is self-insured up to $1.0 million for workers compensation. The Company believes it has adequate insurance to cover losses in excess of the self-insured and deductible amounts. As of September 30, 2017 and December 31, 2016 , the Company had reserves for estimated uninsured losses of $29.1 million and $21.5 million , respectively, included in accrued expenses and other current liabilities. In addition to the legal proceedings described above, the Company is a defendant in various purported class-action lawsuits alleging violations of various California labor laws and one purported class-action lawsuit alleging violations of the Illinois Wage Payment and Collection Act. Additionally, the California Division of Labor Standards and Enforcement has brought administrative actions against the Company alleging that the Company violated various California labor laws. In 2017 and 2018, the Company reached settlement agreements on a number of labor related lawsuits and administrative actions. As of September 30, 2017 and December 31, 2016, the Company recorded a reserve for settlements, litigation, and defense costs of approximately $13.9 million and $10.4 million , respectively, which are recorded in the condensed consolidated balance sheets in accrued expenses and other current liabilities. Jeffrey Cox and David Chidester filed a Complaint against certain of the Company’s subsidiaries in state court in California in a post-acquisition dispute. The Complaint alleges contract, statutory and tort based claims arising out of the Stock Purchase Agreement, dated November 2, 2012, between the defendants, as buyers, and the plaintiffs, as sellers, for the purchase of the shares of Central Cal Transportation, Inc. and Double C Transportation, Inc. (the “Central Cal Agreement”). The plaintiffs claim that a contingent purchase obligation payment is due and owing pursuant to the Central Cal Agreement, and that defendants have furnished fraudulent calculations to the plaintiffs to avoid payment. The plaintiffs also claim violations of California’s Labor Code related to the plaintiffs’ respective employment with Central Cal Transportation, LLC. On October 27, 2017, the state court granted the Company’s motion to compel arbitration of all non-employment claims alleged in the Complaint. The plaintiffs are now required to comply with the dispute resolution process outlined in the Central Cal Agreement, and submit the dispute to a Settlement Accountant. In February 2018, Plaintiff David Chidester agreed to dismiss his employment-related claims from the Los Angeles Superior Court matter, while Plaintiff Jeffrey Cox transferred his employment claims from Los Angeles Superior Court to the related employment case pending in the Eastern District of California. Following the Company's press release on January 30, 2017, three putative class actions were filed in the United States District Court for the Eastern District of Wisconsin against the Company and its former officers, Mark A. DiBlasi and Peter R. Armbruster. On May 19, 2017, the Court consolidated the actions under the caption In re Roadrunner Transportation Systems, Inc. Securities Litigation (Case No. 17-cv-00144), and appointed Public Employees’ Retirement System as lead plaintiff. On March 12, 2018, the lead plaintiff filed a Consolidated Amended Complaint (“CAC”) on behalf of a class of persons who purchased the Company’s common stock between March 14, 2013 and January 30, 2017, inclusive. The CAC alleges (i) the Company and Messrs. DiBlasi and Armbruster violated Section 10(b) of the Exchange Act and Rule 10b-5, and (ii) Messrs. DiBlasi and Armbruster, the Company’s former Chairman Scott Rued, HCI Equity Partners, L.L.C., and HCI Equity Management, L.P. violated Section 20(a) of the Exchange Act, by making or causing to be made materially false or misleading statements, or failing to disclose material facts, regarding (a) the accuracy of the Company’s financial statements; (b) the Company’s true earnings and expenses; (c) the effectiveness of the Company’s disclosure controls and controls over financial reporting; (d) the true nature and depth of financial risk associated with the Company’s tractor lease guaranty program; (e) the Company’s leverage ratios and compliance with its credit facilities; and (f) the value of the goodwill the Company carried on its balance sheet. The CAC seeks certification as a class action, compensatory damages, and attorney’s fees and costs. On May 25, 2017, Richard Flanagan filed a complaint alleging derivative claims on the Company's behalf in the Circuit Court of Milwaukee County, State of Wisconsin (Case No. 17-cv-004401) against Scott Rued, Mark DiBlasi, Christopher Doerr, John Kennedy, III, Brian Murray, James Staley, Curtis Stoelting, William Urkiel, Judith Vijums, Michael Ward, Chad Utrup, Ivor Evans, Peter Armbruster, and Brian van Helden. Count I of the Complaint alleges the Director Defendants breached their fiduciary duties by “knowingly failing to ensure that the Company implemented and maintained adequate internal controls over its accounting and financial reporting functions,” and seeks unspecified damages. Count II of the Complaint alleges the Officer Defendants DiBlasi, Armbruster, and van Helden received substantial performance-based compensation and bonuses for fiscal year 2014 that should be disgorged. The action has been stayed by agreement pending a decision on an anticipated motion to dismiss the Amended Complaint filed in the securities class action described above. On June 28, 2017, Jesse Kent filed a complaint alleging derivative claims on the Company's behalf and class action claims in the United States District Court for the Eastern District of Wisconsin. On December 22, 2017, Chester County Employees Retirement Fund filed a Complaint alleging derivative claims on the Company's behalf in the United States District Court for the Eastern District of Wisconsin. On March 21, 2018, the Court entered an order consolidating the Kent and Chester County actions under the caption In re Roadrunner Transportation Systems, Inc. Stockholder Derivative Litigation (Case No. 17-cv-00893). On March 28, 2018, Plaintiffs filed their Verified Consolidated Shareholder Derivative Complaint alleging claims on behalf of the Company against Peter Armbruster, Mark DiBlasi, Scott Dobak, Christopher Doerr, Ivor Evans, Brian van Helden, John Kennedy, III, Ralph Kittle, Brian Murray, Scott Rued, James Staley, Curtis Stoelting, William Urkiel, Chad Utrup, Judith Vijums, and Michael Ward. Count I alleges that several of the Defendants violated Section 14(a) of the Exchange Act and Rule 14a-9 based upon alleged misrepresentations and omissions in several of the Company’s proxy statements. Count II alleges that all the Defendants breached their fiduciary duty. Count III alleges that all the Defendants wasted corporate assets. Count IV alleges that certain of the Defendants were unjustly enriched. The Complaint seeks monetary damages, improvements to the Company’s corporate governance and internal procedures, an accounting from Defendants of the damages allegedly caused by them and the improper amounts the Defendants allegedly obtained, and punitive damages. In addition, subsequent to the Company's announcement that certain previously filed financial statements should not be relied upon, the Company was contacted by the SEC, FINRA, and the Department of Justice. The Department of Justice and Division of Enforcement of the SEC have commenced investigations into the events giving rise to the restatement. The Company has received formal requests for documents and other information. The Company is cooperating fully with all of these agencies. The Company is unable to estimate the costs associated with the above matters at this time.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Related party transactions	12. Related Party Transactions The Company had an advisory agreement with HCI that required the Company to pay transaction fees and an annual advisory fee of $0.1 million . The Company paid an aggregate of $0.2 million to HCI for advisory fees and travel expenses during the nine months ended September 30, 2016 . On May 2, 2017, the Company and HCI entered into a Termination Agreement in which HCI waived the Company’s payment of any and all unpaid fees and expenses accrued under the advisory agreement through May 2, 2017. The Investment Agreement with Elliott required the Company to pay Elliott a daily payment in an amount equal to $33,333.33 per calendar day from the closing date until the Refinancing Date. The Company paid $0.7 million and $2.7 million under this agreement for the three and nine months ended September 30, 2017 , respectively. The Company, as part of the $293.0 million redemption of its Series F Preferred Stock ( $240.5 million ) and a portion of its Series E Preferred Stock ( $52.5 million ), paid to Elliott $6.9 million in accrued dividends and $6.0 million in early redemption premiums. One of the Company's operating companies contracts with certain purchased transportation providers that are owned by employees of that operating company. The Company paid an aggregate of $3.8 million and $2.1 million to these purchased transportation providers during the three months ended September 30, 2017 and 2016 , respectively. The Company paid an aggregate of $9.5 million and $5.6 million to these purchased transportation providers during the nine months ended September 30, 2017 and 2016 , respectively. The Company has a number of facility leases with related parties and paid an aggregate of $0.8 million and $1.1 million under these leases during the three months ended September 30, 2017 and 2016 , respectively. The Company paid an aggregate of $2.3 million and $2.4 million under these leases during the nine months ended September 30, 2017 and 2016 , respectively. During the nine months ended September 30, 2016 , the Company entered into and completed a sale leaseback transaction to sell a combined office and warehouse facility to an entity controlled by a former owner and current manager of an operating company for a total sale price of $3.5 million . The Company leases certain equipment through leasing companies owned by related parties and paid an aggregate of $0.3 million for both of the three month periods ended September 30, 2017 and 2016 . The Company paid an aggregate of $0.9 million and $0.6 million during the nine months ended September 30, 2017 and 2016 , respectively. The Company received dividend payments from Great Republic Indemnity, an insurance captive, of $2.5 million and $5.0 million during the three and nine months ended September 30, 2017 , respectively. The Company received dividend payments of $1.8 million during the nine months ended September 30, 2016 . The Company did not receive any dividend payments during the three months ended September 30, 2016 .

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Segment reporting	13. Segment Reporting The Company determines its segments based on the information utilized by the chief operating decision maker, the Company’s Chief Executive Officer, to allocate resources and assess performance. Based on this information, the Company has determined that it has three segments: TL, LTL, and Ascent. These segments are strategic business units through which the Company offers different services. The Company evaluates the performance of the segments primarily based on their respective revenues and operating income. Accordingly, interest expense and other non-operating items are not reported in segment results. In addition, the Company has disclosed corporate, which is not a segment and includes legal expenses, corporate salaries, and share-based compensation expense. The following table reflects certain financial data of the Company’s segments for the three and nine months ended September 30, 2017 and 2016 and as of September 30, 2017 and December 31, 2016 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Revenues: TL $ 321,013 $ 335,183 $ 926,028 $ 890,752 LTL 117,618 118,918 348,362 355,617 Ascent 84,015 83,294 261,517 250,299 Eliminations (1,213 ) (5,386 ) (4,975 ) (14,696 ) Total $ 521,433 $ 532,009 $ 1,530,932 $ 1,481,972 Impairment charges: TL $ — $ 157,538 $ — $ 157,538 LTL — 197,312 — 197,312 Ascent 4,402 17,231 4,402 17,231 Total $ 4,402 $ 372,081 $ 4,402 $ 372,081 Operating income (loss): TL $ (3,290 ) $ (147,091 ) $ 144 $ (143,403 ) LTL (8,169 ) (196,635 ) (14,155 ) (194,109 ) Ascent 2,878 (11,176 ) 15,932 3,016 Corporate (1) 19,867 (5,889 ) (16,038 ) (17,993 ) Total $ 11,286 $ (360,791 ) $ (14,117 ) $ (352,489 ) Interest expense 10,502 5,757 45,382 17,060 Loss from debt extinguishment 6,049 — 15,876 — Loss before provision for (benefit from) income taxes $ (5,265 ) $ (366,548 ) $ (75,375 ) $ (369,549 ) Depreciation and amortization: TL $ 6,787 $ 6,632 $ 20,025 $ 20,074 LTL 924 999 2,838 2,733 Ascent 1,168 1,229 3,690 3,684 Corporate 440 388 1,281 1,145 Total $ 9,319 $ 9,248 $ 27,834 $ 27,636 Capital expenditures: TL $ 2,369 $ 4,265 $ 7,994 $ 9,259 LTL 270 1,008 901 3,422 Ascent 105 431 442 3,395 Corporate 1,190 (179 ) 1,875 80 Total $ 3,934 $ 5,525 $ 11,212 $ 16,156 (1) Gain from sale of Unitrans of $35.4 million is included within Corporate for the three and nine months ended September 30, 2017. September 30, 2017 December 31, 2016 Assets: TL $ 478,200 $ 498,330 LTL 67,827 129,899 Ascent 217,773 302,164 Corporate 99,277 4,189 Eliminations (1) (566 ) (1,028 ) Total $ 862,511 $ 933,554 (1) Eliminations represents intercompany trade receivable balances between the three segments.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events

Organization, Nature of Busin20

Organization, Nature of Business and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	Nature of Business Roadrunner Transportation Systems, Inc. (the “Company”) is headquartered in Downers Grove, Illinois and has the following three segments: Truckload Logistics (“TL”), Less-than-Truckload (“LTL”), and Ascent Global Logistics (“Ascent”). Within its TL business, the Company operates a network of TL service centers and company dispatch offices which are augmented by independent brokerage agents. Within its LTL business, the Company operates LTL service centers throughout the United States, complemented by relationships with numerous delivery agents. Within its Ascent business, the Company operates service centers, dispatch offices, and freight consolidation and inventory management centers throughout the United States. From pickup to delivery, the Company leverages relationships with a diverse group of third-party carriers to provide scalable capacity and reliable, customized service to its customers, including domestic and international air and ocean transportation services. The Company operates primarily in the United States.
Principles of Consolidation	Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). All intercompany balances and transactions have been eliminated in consolidation. In the Company's opinion, these financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the operations for the interim periods presented. Interim results are not necessarily indicative of results for a full year.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value Option The fair value option election allows entities to make an irrevocable election of fair value as the initial and subsequent measurement attribute for certain eligible financial assets and liabilities. The decision to elect the fair value option is determined on an instrument by instrument basis and must be applied to an entire instrument and is irrevocable once elected. The Company has elected to measure its preferred stock at fair value pursuant to ASC 820, Fair Value Measurement. Changes in the fair value of preferred stock are recorded in interest expense - preferred stock in the condensed consolidated statements of operations. See Notes 5 and 6 for further information.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Segment Reporting
New Accounting Pronouncements	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09 (“ASU 2014-09”), which was updated in August 2015 by ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606). The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In March 2016, the FASB issued ASU No. 2016-08 (“ASU 2016-08”), Revenue from Contracts with Customers - Principal versus Agent Considerations (Reporting Revenue Gross versus Net). Under ASU 2016-08, when another party is involved in providing goods or services to a customer, an entity is required to determine whether the nature of its promise is to provide the specified good or service (that is, the entity is a principal) or to arrange for that good or service to be provided by another party. When the principal entity satisfies a performance obligation, the entity recognizes revenue in the gross amount. When an entity that is an agent satisfies the performance obligation, that entity recognizes revenue in the amount of any fee or commission to which it expects to be entitled. Both ASU 2014-09 and ASU 2016-08 will be effective for the Company in 2018. The Company expects to adopt the new revenue standard on January 1, 2018 and is currently assessing all potential impacts of this standard. The Company determined key factors from the five-step process to recognize revenue as prescribed by the new standard that may be applicable to each of the Company's operating businesses that roll up into its three segments. Significant customers and contracts from each business unit were identified and the Company substantially completed the review of these contracts. Evaluation of the provisions of these contracts, and the comparison of historical accounting policies and practices to the requirements of the new standard (including the related qualitative disclosures regarding the potential impact of the effects of the accounting policies the Company expects to apply and a comparison to the Company's current revenue recognition policies), is in process. The Company will complete its process before filing its Form 10-Q for the quarter ending March 31, 2018. The Company's work to date indicates that certain transactions with customers may require a change in the timing of when revenue and related expense is recognized. The Company is currently in the process of determining the expected quantitative impact that the adoption of Topic 606 will have on its financial statements. The standard allows for either a full retrospective or a modified retrospective adoption approach. The Company has not yet selected a transition method, as this decision will be dependent on the completion of its analysis as discussed above. The Company expects to make this determination prior to filing of, and make disclosure of that determination in, its Form 10-K for the fiscal year ended December 31, 2017 . In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), which will be effective for the Company in 2019. For financing leases, a lessee is required to: (1) recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments; (2) recognize interest on the lease liability separately from amortization of the right-of-use asset; and (3) classify repayments of the principal portion of the lease liability within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows. For operating leases, a lessee is required to: (1) recognize the right-to-use asset and a lease liability, initially measured at the present value of the lease payments; (2) recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term generally on a straight-line basis; and (3) classify all cash payments within operating activities in the statement of cash flows. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying assets not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The Company is in the process of evaluating the guidance in ASU 2016-02 and will determine the total impact of the new guidance based on the current lease arrangements that are expected to remain in place. The Company expects adoption of this guidance will have a material impact on the Company's consolidated balance sheet given the Company will be required to record operating leases with lease terms greater than 12 months within assets and liabilities on the consolidated balance sheets. The Company has not yet determined how it will handle lease terms of 12 months or less. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230) (“ASU 2016-15”), which will be effective for the Company in 2018. ASU 2016-15 provides guidance on specific cash flow issues, including but not limited to, debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, and distributions received from equity method investees. ASU 2016-15 provides guidance on how to account for the cash inflows and/or outflows in the statement of cash flows. The Company does not expect this ASU to have a material impact on the Company's consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740) Intra-Entity Transfers of Assets Other than Inventory (“ASU 2016-16”), which will be effective for the Company in 2018. GAAP currently prohibits the recognition of current and deferred income taxes for intra-entity asset transfers other than inventory (e.g. property and equipment) until the asset has been sold to an outside party. Under ASU 2016-16, the FASB decided that an entity should recognize the income tax consequences of an intra-entity transfer of an asset when the transfer occurs. ASU 2016-16 does not include any new disclosure requirements; however, existing disclosure around the rate reconciliations and types of temporary differences and/or carryforward that give rise to a significant portion of deferred income taxes may be applicable. The Company is in the process of evaluating the guidance for ASU 2016-16 and has not yet quantified the potential impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment (“ASU 2017-04”), which will be effective for the Company in 2020, but early adoption is permitted for interim and annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 eliminates step two from the goodwill impairment test and instead requires an entity to recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. ASU 2017-04 reduces the amount of time and money spent determining the implied fair value of goodwill, which would allow the Company to more quickly evaluate and identify a recognized impairment. The Company early adopted this ASU and applied it to its goodwill impairment analysis as of July 1, 2017.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Rollforward of goodwill by reportable segment	The following is a rollforward of goodwill from December 31, 2016 to September 30, 2017 by segment (in thousands): TL LTL Ascent Total Goodwill balance as of December 31, 2016 $ 99,214 $ — $ 213,327 $ 312,541 Adjustments to goodwill for sale of Unitrans — — (42,843 ) (42,843 ) Impairment charges — — (4,402 ) (4,402 ) Goodwill balance as of September 30, 2017 $ 99,214 $ — $ 166,082 $ 265,296
ScheduleofAccumulatedImpairmentLoss [Table Text Block]	The following is a breakdown of the Company's accumulated goodwill impairment losses from December 31, 2016 to September 30, 2017 by segment (in thousands): TL LTL Ascent Total Balance as of December 31, 2016 $ 157,538 $ 197,312 $ 17,231 $ 372,081 Impairment charges — — 4,402 4,402 Balance as of September 30, 2017 $ 157,538 $ 197,312 $ 21,633 $ 376,483
Intangible assets	Intangible assets as of September 30, 2017 and December 31, 2016 were as follows (in thousands): September 30, 2017 December 31, 2016 Gross Accumulated Net Carrying Gross Accumulated Net Carrying TL $ 54,973 $ (17,015 ) $ 37,958 $ 54,973 $ (13,606 ) $ 41,367 LTL 1,358 (1,133 ) 225 1,358 (1,083 ) 275 Ascent 26,427 (13,760 ) 12,667 38,427 (14,520 ) 23,907 Total $ 82,758 $ (31,908 ) $ 50,850 $ 94,758 $ (29,209 ) $ 65,549
Estimated amortization expense	Estimated amortization expense for each of the next five years based on intangible assets as of September 30, 2017 is as follows (in thousands): Remainder 2017 $ 1,749 2018 6,933 2019 6,629 2020 6,257 2021 6,075 Thereafter 23,207 Total $ 50,850

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Long-term debt	September 30, December 31, ABL Facility: Revolving credit facility $ 141,037 $ — Term loan 55,711 — Total ABL Facility $ 196,748 $ — Senior debt: Revolving credit facility $ — $ 172,700 Term loan — 277,750 Total senior debt $ — $ 450,450 Less: Debt issuance costs and discount (3,671 ) (4,861 ) Total debt, net of debt issuance costs and discount 193,077 445,589 Less: Current maturities (7,597 ) (445,589 ) Total debt, net of current maturities $ 185,480 $ —

Preferred Stock (Tables)

Preferred Stock (Tables)	9 Months Ended
	Sep. 30, 2017
Preferred Stock [Abstract]
Schedule of Preferred Stock	Preferred stock as of September 30, 2017 and December 31, 2016 consisted of the following (in thousands): September 30, December 31, Preferred stock: Series B Preferred $ 145,083 $ — Series C Preferred 68,507 — Series D Preferred 7,829 — Series E Preferred 34,227 — Total Preferred stock $ 255,646 $ — Series B Series C Series D Series E Series F Shares at $0.01 Par Value at issuance 155,000 55,000 100 90,000 240,500 Shares outstanding at September 30, 2017 155,000 55,000 100 37,500 — Price / Share $1,000 $1,000 $1.00 $1,000 $1,000 Dividend Rate Adjusted LIBOR + 3.00% + Additional Rate (4.75-12.50%) based on leverage. Additional 3.00% upon certain triggering events. Adjusted LIBOR + 3.00% + Additional Rate (4.75-12.50%) based on leverage. Additional 3.00% upon certain triggering events. Right to participate equally and ratably in all cash dividends paid on common stock. Adjusted LIBOR + 5.25% + Additional Rate (8.50%). Additional 3.00% upon certain triggering events. Adjusted LIBOR + 6.25% at closing. Additional 3.00% upon certain triggering events. Dividend rate as of 9/30/2017 16.726% 16.726% 14.976% 14.976% n/a Redemption Term 8 Years 8 Years 8 Years 6 Years 6 Years Redemption Rights From Closing Date: 12-24 months: 105% 65% premium (subject to stock movement) From Closing Date: 0-12 months: 106.5% (a) Refinancing Date: 101.0% upon redemption with New ABL Facility From Closing Date:

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2017
Class of Stock [Line Items]
Schedule of reconciliation of beginning and ending Level 3 financial liability balance	The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 financial liability balance for the three and nine months ended September 30, 2016 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2016 Balance, beginning of period $ 4,211 $ 4,913 Payments of contingent purchase obligations — (798 ) Interest expense (96 ) — Adjustments to contingent purchase obligations (1) (2,458 ) (2,458 ) Balance, end of period $ 1,657 $ 1,657 (1) Adjustments to contingent purchase obligations are reported in other operating expenses in the condensed consolidated statements of operations.
Preferred Stock [Member]
Class of Stock [Line Items]
Schedule of reconciliation of beginning and ending Level 3 financial liability balance	The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 preferred stock liability balance for the three and nine months ended September 30, 2017 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2017 Balance, beginning of period $ 546,858 $ — Issuance of preferred stock at fair value — 537,930 Redemption of preferred stock (293,000 ) (293,000 ) Change in fair value of preferred stock (1) 1,788 10,716 Balance, end of period $ 255,646 $ 255,646

Fair Value Measurement Fair VAl

Fair Value Measurement Fair VAlue Measurement (Liabilities on a Recurring Basis) (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 financial liability balance for the three and nine months ended September 30, 2016 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2016 Balance, beginning of period $ 4,211 $ 4,913 Payments of contingent purchase obligations — (798 ) Interest expense (96 ) — Adjustments to contingent purchase obligations (1) (2,458 ) (2,458 ) Balance, end of period $ 1,657 $ 1,657 (1) Adjustments to contingent purchase obligations are reported in other operating expenses in the condensed consolidated statements of operations.
Preferred Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 preferred stock liability balance for the three and nine months ended September 30, 2017 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2017 Balance, beginning of period $ 546,858 $ — Issuance of preferred stock at fair value — 537,930 Redemption of preferred stock (293,000 ) (293,000 ) Change in fair value of preferred stock (1) 1,788 10,716 Balance, end of period $ 255,646 $ 255,646

Stockholders' Investment (Table

Stockholders' Investment (Tables)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Schedule of changes in stockholders' investment	Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Beginning balance $ 143,286 $ 555,264 $ 197,468 $ 556,439 Net loss (10,053 ) (319,618 ) (67,859 ) (321,457 ) Share-based compensation 379 527 1,647 1,653 Issuance of warrants — — 2,571 — Issuance of restricted stock units, net of taxes paid (15 ) (99 ) (230 ) (276 ) Tax deficiency on share-based compensation — (180 ) — (465 ) Ending balance $ 133,597 $ 235,894 $ 133,597 $ 235,894

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Reconciling basic weighted average stock outstanding to diluted weighted average stock outstanding

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of financial data of reportable segments	Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Revenues: TL $ 321,013 $ 335,183 $ 926,028 $ 890,752 LTL 117,618 118,918 348,362 355,617 Ascent 84,015 83,294 261,517 250,299 Eliminations (1,213 ) (5,386 ) (4,975 ) (14,696 ) Total $ 521,433 $ 532,009 $ 1,530,932 $ 1,481,972 Impairment charges: TL $ — $ 157,538 $ — $ 157,538 LTL — 197,312 — 197,312 Ascent 4,402 17,231 4,402 17,231 Total $ 4,402 $ 372,081 $ 4,402 $ 372,081 Operating income (loss): TL $ (3,290 ) $ (147,091 ) $ 144 $ (143,403 ) LTL (8,169 ) (196,635 ) (14,155 ) (194,109 ) Ascent 2,878 (11,176 ) 15,932 3,016 Corporate (1) 19,867 (5,889 ) (16,038 ) (17,993 ) Total $ 11,286 $ (360,791 ) $ (14,117 ) $ (352,489 ) Interest expense 10,502 5,757 45,382 17,060 Loss from debt extinguishment 6,049 — 15,876 — Loss before provision for (benefit from) income taxes $ (5,265 ) $ (366,548 ) $ (75,375 ) $ (369,549 ) Depreciation and amortization: TL $ 6,787 $ 6,632 $ 20,025 $ 20,074 LTL 924 999 2,838 2,733 Ascent 1,168 1,229 3,690 3,684 Corporate 440 388 1,281 1,145 Total $ 9,319 $ 9,248 $ 27,834 $ 27,636 Capital expenditures: TL $ 2,369 $ 4,265 $ 7,994 $ 9,259 LTL 270 1,008 901 3,422 Ascent 105 431 442 3,395 Corporate 1,190 (179 ) 1,875 80 Total $ 3,934 $ 5,525 $ 11,212 $ 16,156 (1) Gain from sale of Unitrans of $35.4 million is included within Corporate for the three and nine months ended September 30, 2017. September 30, 2017 December 31, 2016 Assets: TL $ 478,200 $ 498,330 LTL 67,827 129,899 Ascent 217,773 302,164 Corporate 99,277 4,189 Eliminations (1) (566 ) (1,028 ) Total $ 862,511 $ 933,554 (1) Eliminations represents intercompany trade receivable balances between the three segments.

Organization Nature of Business

Organization Nature of Business and Significant Accounting Policies (Details Textual)	9 Months Ended
	Sep. 30, 2017Segment
Operations [Line Items]
Number of operating segments	3

(Narrative) (Details)

(Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)Segment	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Finite-Lived Intangible Assets [Line Items]
Goodwill, Impaired, Accumulated Impairment Loss	$ 376,483		$ 376,483		$ 372,081
Goodwill, Other Increase (Decrease)			$ 4,402
Number of operating segments | Segment			3
Goodwill	265,296		$ 265,296		312,541
Finite-lived intangible assets	50,850		50,850		65,549
Amortization of Intangible Assets	2,000	$ 2,100	$ 6,100	$ 6,400
Customer Relationships | Minimum
Finite-Lived Intangible Assets [Line Items]
Period of amortization of intangible assets			5 years
Customer Relationships | Maximum
Finite-Lived Intangible Assets [Line Items]
Period of amortization of intangible assets			12 years
TL
Finite-Lived Intangible Assets [Line Items]
Goodwill, Impaired, Accumulated Impairment Loss	157,538		$ 157,538		157,538
Goodwill, Other Increase (Decrease)			0
Goodwill	99,214		99,214		99,214
Finite-lived intangible assets	37,958		37,958		41,367
LTL
Finite-Lived Intangible Assets [Line Items]
Goodwill, Impaired, Accumulated Impairment Loss	197,312		197,312		197,312
Goodwill, Other Increase (Decrease)			0
Goodwill	0		0		0
Finite-lived intangible assets	225		225		275
Ascent [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill, Impaired, Accumulated Impairment Loss	21,633		21,633		17,231
Goodwill					213,327
Finite-lived intangible assets	12,667		12,667		$ 23,907
Ascent [Domain]
Finite-Lived Intangible Assets [Line Items]
Goodwill, Other Increase (Decrease)			4,402
Goodwill	$ 166,082		$ 166,082

(Goodwill acquired in business

(Goodwill acquired in business combination by reportable segment) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Rollforward of goodwill by reportable segment
Goodwill balance as of December 31, 2015			$ 312,541
Goodwill, Written off Related to Sale of Business Unit			(42,843)
Impairment charges	$ (4,402)	$ (372,081)	(4,402)	$ (372,081)
Goodwill balance as of September 30, 2016	265,296		265,296
TL
Rollforward of goodwill by reportable segment
Goodwill balance as of December 31, 2015			99,214
Goodwill, Written off Related to Sale of Business Unit			0
Impairment charges	0	(157,538)	0	(157,538)
Goodwill balance as of September 30, 2016	99,214		99,214
LTL
Rollforward of goodwill by reportable segment
Goodwill balance as of December 31, 2015			0
Goodwill, Written off Related to Sale of Business Unit			0
Impairment charges	0	$ (197,312)	0	$ (197,312)
Goodwill balance as of September 30, 2016	0		0
Ascent [Member]
Rollforward of goodwill by reportable segment
Goodwill balance as of December 31, 2015			213,327
Goodwill, Written off Related to Sale of Business Unit			(42,843)
Impairment charges			(4,402)
Ascent [Domain]
Rollforward of goodwill by reportable segment
Goodwill balance as of September 30, 2016	$ 166,082		$ 166,082

(Intangible Assets Acquired fro

(Intangible Assets Acquired from Business Acquisitions) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
DivestedNetIntangible	$ 8,500		$ 8,500
Amortization of Intangible Assets	2,000	$ 2,100	6,100	$ 6,400
Intangible assets
Gross Carrying Amount	82,758		82,758		$ 94,758
Accumulated Amortization	(31,908)		(31,908)		(29,209)
Net Carrying Value	50,850		50,850		65,549
TL
Intangible assets
Gross Carrying Amount	54,973		54,973		54,973
Accumulated Amortization	(17,015)		(17,015)		(13,606)
Net Carrying Value	37,958		37,958		41,367
LTL
Intangible assets
Gross Carrying Amount	1,358		1,358		1,358
Accumulated Amortization	(1,133)		(1,133)		(1,083)
Net Carrying Value	225		225		275
Ascent [Member]
Intangible assets
Gross Carrying Amount	26,427		26,427		38,427
Accumulated Amortization	(13,760)		(13,760)		(14,520)
Net Carrying Value	$ 12,667		$ 12,667		$ 23,907

(Amortization of Intangibles) (

(Amortization of Intangibles) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 2,000	$ 2,100	$ 6,100	$ 6,400
Estimated amortization expense
Remainder 2,016	1,749		1,749
2,017	6,933		6,933
2,018	6,629		6,629
2,019	6,257		6,257
2,020	6,075		6,075
Thereafter	23,207		23,207
Net Carrying Value	$ 50,850		$ 50,850		$ 65,549

Divestitures (Details)

Divestitures (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business			$ 88,500	$ 1,000
Gain from sale of Unitrans	$ 35,440	$ 0	$ 35,440	$ 0
Stagecoach [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Business Acquisition, Effective Date of Acquisition			Sep. 15, 2017

Debt (Details)

Debt (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Jun. 17, 2016	Jul. 09, 2014
Senior debt:
ABL Facility	$ 196,748,000	$ 0
Total debt	0	450,450,000
Less: Debt issuance costs	(3,671,000)
Debt Issuance Costs, Net		4,861,000
DebtNetofIssuanceAndDiscount	193,077,000
Total Debt, Net of Debt Issuance Costs		445,589,000
Less: Current maturities	(7,597,000)	(445,589,000)
Total long-term debt, net of current maturities and debt issuance costs	185,480,000	0
Revolving credit facility [Member]
Senior debt:
Total debt	0	172,700,000
Term loans [Member]
Senior debt:
Total debt	0	277,750,000
Revolving credit facility [Member]
Senior debt:
ABL Facility	141,037,000	0
Line of Credit Facility, Maximum Borrowing Capacity			$ 250,000,000	$ 350,000,000
Term loans [Member]
Senior debt:
ABL Facility	$ 55,711,000	$ 0

Debt (Details Textual)

Debt (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Jul. 21, 2017	Dec. 31, 2016	Jul. 17, 2016	Jun. 17, 2016	Sep. 24, 2015	Jul. 09, 2014
Line of Credit Facility [Line Items]
Debt Issuance Costs, Net						$ 4,861,000
Debt Instrument Maturities Quarterly Repayments of Principal									$ 3,800,000
Debt Instrument, Maturity Date			Jul. 9, 2019
Gain (Loss) on Extinguishment of Debt	$ (6,049,000)	$ 0	$ (15,876,000)	$ 0
Term loans [Member]
Line of Credit Facility [Line Items]
Term loan									$ 300,000,000	$ 200,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity								$ 250,000,000		$ 350,000,000
Revolving Credit Facility [Member] | Minimum
Line of Credit Facility [Line Items]
Term loan							$ 300,000,000
Revolving Credit Facility [Member] | Maximum
Line of Credit Facility [Line Items]
Term loan							$ 400,000,000
ABL Facility, Maturity July 2022 [Member] | Minimum | Adjusted LIBOR [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1.50%		1.50%
ABL Facility, Maturity July 2022 [Member] | Minimum | Base Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.50%		0.50%
ABL Facility, Maturity July 2022 [Member] | Maximum | Adjusted LIBOR [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.25%		2.25%
ABL Facility, Maturity July 2022 [Member] | Maximum | Base Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1.25%		1.25%
ABL Facility, Maturity July 2022 [Member] | Term Loan Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 56,800,000
Term loan					56,800,000
ABL Facility, Maturity July 2022 [Member] | Asset-Based Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					35,000,000
ABL Facility, Maturity July 2022 [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					200,000,000
Term loan					141,700,000
ABL Facility, Maturity July 2022 [Member] | Bridge Loan [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					20,000,000
ABL Facility, Maturity July 2022 [Member] | Letter of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 30,000,000
Senior debt
Line of Credit Facility [Line Items]
Gain (Loss) on Extinguishment of Debt			$ 9,800,000

Preferred Stock - Schedule of P

Preferred Stock - Schedule of Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	May 01, 2017	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Class of Stock [Line Items]
Proceeds from Issuance or Sale of Equity	$ 540,500
Payments of Stock Issuance Costs			$ 16,112	$ 0
Preferred Stock, Increase (Decrease) In Fair Value		$ 1,800	10,700
Preferred stock		255,646	255,646		$ 0
Change in fair value of preferred stock			(10,716)	$ 0
GainLossOnRepurchaseOfPreferredStock			6,000
Fair Value of Warrants on Date of Issue		2,600	2,600
Common Stock [Member]
Class of Stock [Line Items]
Class of Warrant or Right, Outstanding	379,572
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock		$ 145,083	$ 145,083		0
Preferred Stock, Shares Issued	155,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Redemption Term	8 years
Preferred Stock, Shares Outstanding		155,000	155,000
Shares Issued, Price Per Share	$ 1,000
Preferred Stock, Dividend Rate, Percentage			16.73%
Series B Preferred Stock [Member] | Preferred Stock, Redemption, Period Two [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	105.00%
Series B Preferred Stock [Member] | Preferred Stock, Redemption, Period Three [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	103.00%
Series B Preferred Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component Two, Percentage	4.75%
Series B Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component Two, Percentage	12.50%
Series B Preferred Stock [Member] | London Interbank Offered Rate (LIBOR) [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component One, Basis Spread On Variable Rate	3.00%
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock		$ 68,507	$ 68,507		0
Preferred Stock, Shares Issued	55,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Redemption Price, Percentage	65.00%
Preferred Stock, Redemption Term	8 years
Preferred Stock, Shares Outstanding		55,000	55,000
Shares Issued, Price Per Share	$ 1,000
Preferred Stock, Dividend Rate, Percentage			16.73%
Series C Preferred Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component Two, Percentage	4.75%
Series C Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component Two, Percentage	12.50%
Series C Preferred Stock [Member] | London Interbank Offered Rate (LIBOR) [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component One, Basis Spread On Variable Rate	3.00%
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock		$ 7,829	$ 7,829		0
Preferred Stock, Shares Issued	100
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Redemption Term	8 years
Preferred Stock, Shares Outstanding		100	100
Shares Issued, Price Per Share	$ 1
Preferred Stock, Dividend Rate, Percentage			14.98%
Series F Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued	240,500
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Redemption Term	6 years
Preferred Stock, Shares Outstanding		0	0
Shares Issued, Price Per Share	$ 1,000
Series F Preferred Stock [Member] | Preferred Stock, Redemption, Period Four [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	101.00%
Series F Preferred Stock [Member] | Preferred Stock, Redemption, Period One [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	106.50%
Series F Preferred Stock [Member] | Preferred Stock, Redemption, Period Two [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	103.50%
Series F Preferred Stock [Member] | London Interbank Offered Rate (LIBOR) [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component One, Basis Spread On Variable Rate	6.25%
Series E Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock		$ 34,227	$ 34,227		$ 0
Preferred Stock, Shares Issued	90,000
Preferred Stock, Dividend Rate, Component Two, Percentage	8.50%
Preferred Stock, Redemption Term	6 years
Preferred Stock, Shares Outstanding		37,500	37,500
Shares Issued, Price Per Share	$ 1,000
Preferred Stock, Dividend Rate, Percentage			14.98%
Series E Preferred Stock [Member] | Preferred Stock, Redemption, Period One [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	106.50%
Series E Preferred Stock [Member] | Preferred Stock, Redemption, Period Two [Member]
Class of Stock [Line Items]
Preferred Stock, Redemption Price, Percentage	103.50%
Series E Preferred Stock [Member] | London Interbank Offered Rate (LIBOR) [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Component One, Basis Spread On Variable Rate	5.25%
Common Stock [Member]
Class of Stock [Line Items]
Class of Warrant or Right, Terms	8 years
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.01

Fair Value Measurement (Liabili

Fair Value Measurement (Liabilities on Recurring Basis) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Decrease in contingent consideration liability	$ 0	$ 2,458

Fair Value Measurement Fair V39

Fair Value Measurement Fair Value Measurement (Reconciliation of Level 3 Liabilities) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Redemption of preferred stock	$ (293,000)		$ (293,000)	$ 0
Fair Value, Inputs, Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	255,646	$ 1,657	255,646	1,657	$ 546,858	$ 0	$ 4,211	$ 4,913
Issuance of preferred stock at fair value	0		537,930
Interest Expense		(96)		0
Adjustments to contingent purchase obligation		2,458		2,458
Payments of contingent purchase obligations		$ 0		$ (798)
Change in fair value of preferred stock	$ 1,788		$ 10,716

Stockholders' Investment (Detai

Stockholders' Investment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Stockholders' investment:
Beginning balance	$ 143,286	$ 555,264	$ 197,468	$ 556,439
Net income	(10,053)	(319,618)	(67,859)	(321,457)
Share-based compensation	379	527	1,647	1,653
Issuance of warrants	0	0	2,571	0
Issuance of restricted stock units, net of taxes paid	(15)	(99)	(230)	(276)
Tax deficiency on share-based compensation	0	(180)	0	(465)
Ending balance	$ 133,597	$ 235,894	$ 133,597	$ 235,894

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			1,903,467	3,265,393
Reconciling basic to diluted weighted average stock outstanding to diluted weighted average stock outstanding
Basic weighted average stock outstanding	38,420,000	38,328,000	38,399,000	38,310,000
Dilutive weighted average stock outstanding	38,420,000	38,328,000	38,399,000	38,310,000

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Effective income tax rate	(90.90%)	12.80%	10.00%	13.00%
Federal corporate income tax rate			35.00%

Guarantees (Details)

Guarantees (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Guarantor Obligations [Line Items]
Loss contingency accrual	$ 2.4		$ 2.4		$ 8.9
Loss contingency payments	0.9	$ 2.4	$ 7.9	$ 7.8
Guarantee for portion of value of leased tractors
Guarantor Obligations [Line Items]
Guarantees expiration year			2,021
Guarantor maximum exposure	11.4		$ 11.4
Guarantor obligations	$ 1.4		$ 1.4		$ 1.6

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Loss Contingencies [Line Items]
Reserves for estimated uninsured losses	$ 2,400,000	$ 8,900,000
Insurance Claims
Loss Contingencies [Line Items]
Liability and cargo insurance coverage for claims	1,000,000
Cargo Claims
Loss Contingencies [Line Items]
Liability and cargo insurance coverage for claims	100,000
Uninsured Risk
Loss Contingencies [Line Items]
Reserves for estimated uninsured losses	29,100,000	21,500,000
Legal Reserve [Member]
Loss Contingencies [Line Items]
Reserves for estimated uninsured losses	$ 13,900,000	$ 10,400,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Related Party Transaction [Line Items]
Proceeds from sale leaseback			$ 3.5
Related party income	$ 2.5			$ 5	$ 1.8
Advisory Agreement
Related Party Transaction [Line Items]
Related party transaction, payment				0.2
Annual advisory fee						$ 0.1
Payments To Dedicated Carriers Owned By Employees
Related Party Transaction [Line Items]
Related party transaction, payment	3.8	$ 2.1		9.5	5.6
Facilities Lease
Related Party Transaction [Line Items]
Related party transaction, payment	0.8	$ 1.1		2.3	2.4
Equipment Leases
Related Party Transaction [Line Items]
Related party transaction, payment	$ 0.3			$ 0.9	$ 0.6

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)Segment	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment			3
Schedule of financial data of reportable segments
Revenues	$ 521,433	$ 532,009	$ 1,530,932	$ 1,481,972
Impairment charges	4,402	372,081	4,402	372,081
Operating Income	11,286	(360,791)	(14,117)	(352,489)
Interest expense	10,502	5,757	45,382	17,060
Income before provision for income taxes	(5,265)	(366,548)	(75,375)	(369,549)
Depreciation and amortization	9,319	9,248	27,834	27,636
Capital expenditures, cash and non-cash	3,934	5,525	11,212	16,156
Total assets	862,511		862,511		$ 933,554
TL
Schedule of financial data of reportable segments
Impairment charges	0	157,538	0	157,538
LTL
Schedule of financial data of reportable segments
Impairment charges	0	197,312	0	197,312
Ascent [Member]
Schedule of financial data of reportable segments
Impairment charges			4,402
Operating Segments | TL
Schedule of financial data of reportable segments
Revenues	321,013	335,183	926,028	890,752
Operating Income	(3,290)	(147,091)	144	(143,403)
Depreciation and amortization	6,787	6,632	20,025	20,074
Capital expenditures, cash and non-cash	2,369	4,265	7,994	9,259
Total assets	478,200		478,200		498,330
Operating Segments | LTL
Schedule of financial data of reportable segments
Revenues	117,618	118,918	348,362	355,617
Operating Income	(8,169)	(196,635)	(14,155)	(194,109)
Depreciation and amortization	924	999	2,838	2,733
Capital expenditures, cash and non-cash	270	1,008	901	3,422
Total assets	67,827		67,827		129,899
Operating Segments | Ascent [Member]
Schedule of financial data of reportable segments
Revenues	84,015	83,294	261,517	250,299
Impairment charges	4,402	17,231	4,402	17,231
Operating Income	2,878	(11,176)	15,932	3,016
Depreciation and amortization	1,168	1,229	3,690	3,684
Capital expenditures, cash and non-cash	105	431	442	3,395
Total assets	217,773		217,773		302,164
Eliminations
Schedule of financial data of reportable segments
Revenues	(1,213)	(5,386)	(4,975)	(14,696)
Total assets	(566)		(566)		(1,028)
Corporate
Schedule of financial data of reportable segments
Operating Income	19,867	(5,889)	(16,038)	(17,993)
Depreciation and amortization	440	388	1,281	1,145
Capital expenditures, cash and non-cash	1,190	$ (179)	1,875	$ 80
Total assets	$ 99,277		$ 99,277		$ 4,189

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Mar. 01, 2018	Dec. 15, 2017	May 01, 2017	Jan. 30, 2018	Sep. 30, 2017
Subsequent Event [Line Items]
Proceeds from Issuance or Sale of Equity			$ 540,500,000
Subsequent Event
Subsequent Event [Line Items]
Proceeds from Issuance or Sale of Equity	$ 17,500,000
Maximum [Member] | Adjusted LIBOR [Member] | ABL Facility, Maturity July 2022 [Member]
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					2.25%
Maximum [Member] | Adjusted LIBOR [Member] | ABL Facility, Maturity July 2022 [Member] | Subsequent Event
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				2.25%
Maximum [Member] | Base Rate [Member] | ABL Facility, Maturity July 2022 [Member]
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					1.25%
Maximum [Member] | Base Rate [Member] | ABL Facility, Maturity July 2022 [Member] | Subsequent Event
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				1.25%
Series E-1 Preferred Stock [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Shares Issued	54,750
Preferred Stock, Dividend Rate, Component Two, Percentage	8.50%
Series E-1 Preferred Stock [Member] | London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Dividend Rate, Component One, Basis Spread On Variable Rate	5.25%
E-1FirstTranche [Member] | Series E-1 Preferred Stock [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Shares Issued	17,500
Shares Issued, Price Per Share	$ 1,000
E-1ThirdTranche [Member] | Series E-1 Preferred Stock [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Shares Issued	19,022
Shares Issued, Price Per Share	$ 920
E-1SecondTrance [Member] | Series E-1 Preferred Stock [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Shares Issued	18,228
Shares Issued, Price Per Share	$ 960
Preferred Stock, Redemption, Period One [Member] | Series E-1 Preferred Stock [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Redemption Price, Percentage	106.50%
Preferred Stock, Redemption, Period Two [Member] | Series E-1 Preferred Stock [Member] | Subsequent Event
Subsequent Event [Line Items]
Preferred Stock, Redemption Price, Percentage	103.50%
Asset-Based Facility [Member] | ABL Facility, Maturity July 2022 [Member] | Subsequent Event
Subsequent Event [Line Items]
Line Of Credit Facility, Decrease In Maximum Borrowing Capacity		$ 15,000,000