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Radiant Logistics, Inc. - $RLGT STOCK NEWS

Welcome to our dedicated page for Radiant Logistics news (Ticker: $RLGT), a resource for investors and traders seeking the latest updates and insights on Radiant Logistics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Radiant Logistics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Radiant Logistics's position in the market.

News
RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2024
Rhea-AI Summary

Radiant Logistics, Inc. will host an investor call on May 9, 2024, to discuss the financial results for the third fiscal quarter ending March 31, 2024. The call will be open to individual investors and press, featuring Founder and CEO Bohn Crain as the host.

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IT'S THE NETWORK THAT DELIVERS: RADIANT RECOGNIZED AS A TOP 100 LOGISTICS AND TOP 100 FREIGHT BROKERAGE PROVIDER FOR 2024
Rhea-AI Summary
Radiant Logistics, Inc. (RLGT) has been recognized as a top player in the logistics industry, ranking 52 in the Logistics Top 100 and 70 in the Freight Brokerage Top 100 for 2024. Despite challenging market conditions, Radiant has maintained its position through industry diversification, technology-driven solutions, and a customer-centric approach.
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RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER VIKING WORLDWIDE, INC.
Rhea-AI Summary
Radiant Logistics, Inc. (RLGT) acquires Viking Worldwide, Inc., a Minnesota-based company with operations in Minneapolis and Houston. The transaction involves a portion of the purchase price based on future performance. Viking specializes in high-tech, brand management, life sciences, and trade show industries. The acquisition aims to strengthen Radiant's network and enhance customer service.
Rhea-AI Impact
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End-of-Day
-1.32%
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acquisition
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RADIANT LOGISTICS ANNOUNCES FURTHER EXPANSION OF ITS SERVICE BY AIR NETWORK WITH NEW OPERATIONS IN SAN ANTONIO, TEXAS
Rhea-AI Summary
Radiant Logistics, Inc. expands its Service By Air network with a new location in San Antonio, Texas, led by Mark and Rebecca Sweat. The company aims to provide a comprehensive range of freight forwarding and logistics services leveraging its technology platform and global network.
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-6.05%
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RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE SECOND FISCAL QUARTER ENDED DECEMBER 31, 2023
Rhea-AI Summary
Radiant Logistics, Inc. reported a decrease in revenues and gross profit for the second fiscal quarter ended December 31, 2023. Net income and adjusted EBITDA also decreased significantly. The company remains debt-free and generated $12.1 million in cash from operations. It acquired two logistics companies and repurchased 532,401 shares of its common stock. The CEO remains optimistic about the company's position despite the challenging freight markets.
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2.09%
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RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER COMPANIES SELECT LOGISTICS, INC. AND SELECT CARTAGE, INC.
Rhea-AI Summary
Radiant Logistics, Inc. (NYSE American: RLGT) has acquired Select Logistics, Inc. and Select Cartage, Inc., both Doral, Florida based companies, to strengthen its cruise logistics service offering in South Florida. The transaction is structured similarly to previous ones, with a portion of the purchase price payable based on the future performance of the acquired operations. Select will transition to the Radiant brand and combine with existing company-owned operations in south Florida. Gabby Santos will assume the role of General Manager, while Hector Cavallo will pursue outside interests. This acquisition represents a significant milestone in the continued evolution of Radiant, according to the Founder and CEO, Bohn Crain.
Rhea-AI Impact
Rhea-AI Sentiment
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1.97%
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acquisition
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RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR SECOND FISCAL QUARTER ENDED DECEMBER 31, 2023
Rhea-AI Summary
Radiant Logistics, Inc. (RLGT) will host a conference call on February 8, 2024, at 4:30 PM Eastern to discuss the financial results for the three and six months ended December 31, 2023. The call is open to all interested parties, and the webcast can be accessed via Radiant's website. Bohn Crain, the Founder and CEO, will host the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
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conferences earnings
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RADIANT LOGISTICS PROMOTES JAIME BECKER TO GENERAL COUNSEL
Rhea-AI Summary
Radiant Logistics, Inc. (RLGT) recently announced the promotion of Jaime Becker to Senior Vice President and General Counsel. Ms. Becker, with over a decade of experience, will be stepping into the role following the departure of John Sobba, 67, who had been with Radiant serving as General Counsel since 2018. Becker's appointment is expected to guide Radiant's legal strategy in support of the company's continued acquisition and organic growth initiatives. Bohn Crain, founder and CEO of Radiant, expressed confidence in Becker's ability to leverage her prior experience in working with other tech-enabled transportation companies to help build out the Radiant platform and take a leading role in various ESG initiatives.
Rhea-AI Impact
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-2.5%
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RADIANT LOGISTICS ANNOUNCES RENEWAL OF ITS STOCK REPURCHASE PROGRAM
Rhea-AI Summary
Radiant Logistics, Inc. (NYSE American: RLGT) authorizes the repurchase of up to five million shares of its common stock through December 31, 2025, with 46,906,586 shares outstanding as of December 1, 2023.
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Rhea-AI Sentiment
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1.33%
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buyback
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RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2023
Rhea-AI Summary
RLGT - Radiant Logistics Reports $7.9M in Cash from Operations, Acquires Daleray Corporation, and Implements Stock Buy-Back Program
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End-of-Day
0.52%
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Stock RLGT logo
Radiant Logistics, Inc.

NYSE:RLGT

RLGT Rankings

#3626 Ranked by Market Cap
#2466 Ranked by Stock Gains
N/A Ranked by Dividends

RLGT Stock Data

241.65M
43.57M
24.18%
55.23%
0.63%
Postal Service
Transportation and Warehousing
Link
United States of America
RENTON

About RLGT

radiant logistics inc. (nyse mkt: rlgt) is a public company operating as a non-asset based third party logistics provider. operating under the brands radiant global logistics, wheels group inc, adcom worldwide, airgroup, on time express, distribution by air, service by air inc. and our minority business affiliate radiant logistics partners, we service a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world. as one of the fastest growing logistics networks in north america, our footprint has expanded to nearly 100 stations domestically, with an increasing presence of international locations. our services domestic •air: nfo, same day, next day am or pm, standard (2 day), economy (3 day), insurance •ground: time definite ltl, ltl, ftl, rollerbed, flatbed, lift gate, air ride, refrigerated, hot shot, pool distribution •specialized: oversized, intermodal,