Radiant Logistic Stock Price, News & Analysis

Radiant Logistics (NYSE American: RLGT), a technology-enabled global transportation and logistics services company, has scheduled a conference call for Monday, May 12, 2025, at 4:30 PM Eastern to discuss its financial results for Q3 FY2025 ended March 31, 2025. The call will be hosted by CEO Bohn Crain and is open to all interested parties. A webcast will be available through the company's website, and a replay will be accessible from May 13 to May 26, 2025.

Radiant Logistics (NYSE American: RLGT) has achieved dual recognition in Transport Topics' 2025 rankings, securing positions as the #71 third-party logistics provider and #92 freight brokerage firm in North America. The rankings, based on full-year gross revenue, showcase Radiant's resilience in a challenging market environment marked by slow freight recovery and supply chain uncertainties due to tariffs and shifting trade policies.

The company's success is attributed to its diversified business model across industries and geographies, coupled with its comprehensive domestic and international transportation services. CEO Bohn Crain highlighted Radiant's proprietary global trade management platform (GTM) as a key differentiator in helping customers navigate complex supply chain challenges. Since 2006, the company has maintained its commitment to a relationship-driven, technology-forward approach, serving manufacturers, distributors, and retailers throughout North America and global markets.

Radiant Logistics (NYSE American: RLGT) has announced the acquisition of USA Logistics Services, Inc. and USA Carrier Services, , Philadelphia-based companies that have operated under its Service By Air brand since 2014. The acquired companies, founded in 1999, specialize in medical equipment transport, time-sensitive air freight, and oversized project cargo.

The transaction follows Radiant's previous acquisition structure, with part of the purchase price tied to future performance. Post-acquisition, USA Logistics will transition to the Radiant brand and merge with existing Philadelphia operations. Mike Boyce, founder of USA Logistics, will serve as General Manager of the combined organization, reporting to Tim O'Brien, SVP of Radiant's U.S. forwarding operations.

This strategic acquisition strengthens Radiant's Mid-Atlantic freight forwarding and cartage operations, maintaining the existing customer service infrastructure while leveraging Radiant's larger operational platform.

Radiant Logistics (NYSE American: RLGT) has acquired Transcon Shipping, a California-based company specializing in ocean freight forwarding services. Transcon, founded in 1997, generated approximately $4.0 million in normalized EBITDA on $75.0 million in revenues for calendar year 2024.

The acquisition strengthens Radiant's international capabilities in strategic gateway locations including Los Angeles, New York, and Chicago. Transcon offers ocean import business from the transpacific, including buyer consolidation services, LCL, FCL, and special projects for industries such as furniture, recreational automotive, food, and consumer goods.

The transaction structure includes performance-based payments in subsequent periods. Transcon will transition to the Radiant brand throughout 2025, with Terry Lynch continuing as VP of Global Network Development.

Radiant Logistics (NYSE: RLGT) reported strong financial results for Q2 FY2024 ended December 31, 2024, with revenues reaching $264.5 million, up 31.5% year-over-year. Net income increased significantly to $6.5 million ($0.14 per basic share), a 550% improvement from the prior year.

The company achieved Adjusted EBITDA of $12.0 million, up 55.8% year-over-year, with an improved EBITDA margin of 19.0%. During the quarter, RLGT completed three strategic acquisitions: Foundation Logistics & Services, Focus Logistics, and TCB Transportation.

Despite strong Q2 results, management expects near-term challenges due to market headwinds and potential impacts from recently introduced tariffs with China, Mexico, and Canada. The company maintains a strong financial position with $20.0 million in cash and an untapped $200 million credit facility.

Radiant Logistics (NYSE American: RLGT) has announced it will host a conference call on Monday, February 10, 2025, at 4:30 PM Eastern to discuss the company's financial results for the three and six months ended December 31, 2024. The call will be hosted by Founder and CEO Bohn Crain and is open to all interested parties, including individual investors and press.

The conference call will be accessible via phone with dial-in numbers provided for both US and international participants. A replay will be available from February 11, 2025, at 9:30 AM Eastern until February 24, 2025, at 4:30 PM Eastern. Additionally, the call will be webcast and can be accessed through Radiant's website.

Radiant Logistics (NYSE American: RLGT) has acquired TCB Transportation Associates, a St Louis-based intermodal marketing company specializing in 40 and 53-foot container movements across North America. The acquisition was executed through Radiant's subsidiary Radiant Road and Rail, with part of the purchase price tied to future performance.

Founded in 1999, TCB operates as a door-to-door service provider, working with steamship lines, Class I railroads, and drayage networks. The company serves multiple sectors including forestry products, food & beverage, metals & mining, and chemicals. TCB will continue under founder Jerry Kausch Jr.'s leadership before transitioning to the Radiant brand in 2025.

Radiant Logistics (NYSE American: RLGT) reported financial results for the first fiscal quarter ended September 30, 2024. Revenues were $203.6 million, down 3.4% year-over-year. Gross profit declined 5.9% to $54.1 million. Adjusted gross profit was $57.6 million, down 5.3%. Net income rose 30.8% to $3.4 million, or $0.07 per share. Adjusted net income increased 21.5% to $7.9 million, or $0.17 per share. Adjusted EBITDA grew 3.3% to $9.5 million, with an adjusted EBITDA margin of 16.4%.

Radiant acquired Foundation Logistics & Services and Focus Logistics, continuing its strategy of growth through acquisitions. The company also executed a stock buyback, purchasing 129,360 shares. Radiant maintains a strong balance sheet with $10 million cash on hand and a $200 million credit facility.