Economic Development

Roadrunner Transportation Systems Inc. announced it has acquired all of the outstanding stock of Expedited Freight Systems Inc., a regional overnight less-than-truckload (LTL) provider based in Kenosha, for approximately $10 million plus an earnout over four years.

Milwaukee-based travel agency Funjet Vacations has acquired Boston-based travel agency TNT Vacations.

Today, the Commerce Department reported the deficit on international trade in goods and services was $42.9 billion in June.

Jack Nelson has been hired as senior vice president- financial advisor sales manager at Johnson Financial Group. He has...

Milwaukee-based Harley-Davidson Inc. reported that its second quarter profit of $247.25 million, up 29.7 percent from its 2011 second quarter profit of $190.58 million. Diluted earnings per share were $1.07, up 32 percent from 81 cents in the 2011 second quarter.

Green Bay-based Tosca Limited, a provider of reusable container pooling and logistics services to the food supply chain, announced it has acquired the reusable plastic container division of Georgia-Pacific LLC.

Brookfield-based Fiserv Inc. has a banner second quarter with a 79 percent increase in net income to $161 million, or $1.17 dilutes earnings per share.

The poor housing market and large number of foreclosures continues to plague Milwaukee-based MGIC Investment Corp., which reported that its second quarter loss increased by 80.5 percent to $273.89 million.

BMO Financial Group announced the creation of BMO Harris Financial Advisors, a dedicated network of professionals committed to serving the financial planning and wealth management needs of BMO Harris Bank clients.

Menomonee Falls-based Assisted Living Concepts Inc. reported Thursday that it had a net loss of $25.1 million in the second quarter, compared to positive net income of $6.28 million in the second quarter of 2011.