Roadrunner Transportation Systems, a transportation and logistics service provider, announced the company expanded its existing credit facility to $700 million from $550 million through 2019. Additionally, the amended credit agreement provides for the modification of certain limits and terms.

According to a related 8-K filing, U.S. Bank served as administrative agent, swing line lender and L/C issuer for the lender group.

“This agreement is a testament to the confidence our banking partners have in Roadrunner,” said Mark DiBlasi, CEO. “The amendment reflects the company’s strong capital position and financial flexibility, providing an ongoing ability to drive growth organically and through strategic acquisitions. We are extremely pleased with the support of our bank group and look forward to continuing our relationship with such strong business partners.”