RADIANT LOGISTICS EXPANDS HONG KONG OPERATIONS AND ESTABLISHES NEW PRESENCE IN SHENZHEN

Radiant Logistics (NYSE: RLGT) expanded company-owned operations in Hong Kong and established a new company-owned office in Shenzhen, effective May 1, 2026.

Rhea-AI Summary

Radiant Logistics (NYSE: RLGT) expanded company-owned operations in Hong Kong and established a new company-owned office in Shenzhen, effective May 1, 2026. These additions complement Radiant's existing Shanghai presence, creating a direct footprint across three major Asia freight gateways.

The moves integrate teams acquired with Transcon in March 2025, preserve service continuity under General Manager Thomas Wong, and connect Hong Kong and Shenzhen operations to Radiant's Navegate® platform and global network.

Positive

• Direct Asia footprint across Hong Kong, Shenzhen and Shanghai
• Service continuity retained by existing Transcon-era teams under Radiant
• Integration with Navegate® enhances shipment visibility and coordination

Negative

• None.

Argus May 6 session

+3.65% close to close Open Argus

Details

News Market Reaction – RLGT

In the May 6 session, RLGT gained 3.65%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement expands RLGT’s company-owned operations into Hong Kong and Shenzhen, effective May...

Analysis

This announcement expands RLGT’s company-owned operations into Hong Kong and Shenzhen, effective May 1, 2026, complementing its existing Shanghai presence and strengthening its Asia freight gateway coverage. The move builds on the 2025 Transcon acquisition and integrates long-standing local teams into Radiant’s network and Navegate platform. In context with prior earnings growth and an existing $150,000,000 shelf, investors may track execution on this expansion and any future capital deployment decisions.

Key Figures

Effective date: May 1, 2026 Transcon acquisition date: March 2025 Asia freight gateways: 3 markets

Effective date

May 1, 2026

Hong Kong expansion and new Shenzhen operations effective date

Transcon acquisition date

March 2025

Radiant’s acquisition of Transcon Shipping Co., Inc.

Asia freight gateways

3 markets

Direct footprint across Hong Kong, Shenzhen, and Shanghai

Historical Context

5 past events · Latest: Feb 09

5 events

1. Feb 09

   Earnings results

   24h Move

   +16.3%

   Q2 FY2026 results with revenue growth ex-Milton and stronger EBITDA.

2. Feb 04

   Earnings call notice

   24h Move

   -1.9%

   Announcement of investor conference call to discuss Q2 FY2026 results.

3. Jan 15

   Dividend tax info

   24h Move

   -2.5%

   ALEX detailed 2025 dividend allocations and tax reporting information.

4. Jan 15

   Share count update

   24h Move

   +0.9%

   DANOY reported total shares and voting rights as of year-end 2025.

5. Nov 17

   Buyback authorization

   24h Move

   -0.3%

   Board renewed authorization to repurchase up to 5,000,000 RLGT shares.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

third party logistics, freight forwarding, customs brokerage

3 terms

third party logistics technical

"Radiant Logistics, Inc. ... is a publicly traded third party logistics company"

An outside company that handles a firm’s storage, shipping, order handling and returns instead of the firm doing those tasks itself; think of it as hiring a moving-and-delivery service to hold and send products when customers buy them. Investors care because using a third party can cut upfront costs, speed growth, and affect profit margins and customer satisfaction, while also creating operational dependency and service risk that can influence a company’s financial performance.

freight forwarding technical

"Radiant provides domestic and international freight forwarding along with truck and rail brokerage"

Freight forwarding is a service that organizes the movement of goods from seller to buyer, handling carrier bookings, paperwork, customs clearance and coordination between trucks, ships, planes and warehouses. Think of it like a travel agent for shipments: it plans the route, deals with rules and paperwork, and helps keep costs and delivery times predictable — factors that directly affect companies’ inventory, sales timing and profit margins, so investors watch it as a sign of supply-chain efficiency and trade demand.

customs brokerage technical

"Radiant's value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment"

A customs brokerage is a service that helps goods move legally and efficiently across national borders by handling required paperwork, duties, taxes and communication with customs authorities. For investors, it's important because delays, fines or extra costs from customs can disrupt supply chains and squeeze profit margins, so brokers act like a translator and traffic controller that keeps international trade flowing and predictable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Deepens Direct Footprint Across Key Asia-Pacific Gateways, Building on Existing Operations in Hong Kong and Shanghai

RENTON, Wash., May 6, 2026 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value-added logistics solutions, today announced the expansion of its company-owned operations in Hong Kong and the establishment of new company-owned operations in Shenzhen, China, effective May 1, 2026.

The expanded Hong Kong operations and newly established Shenzhen office complement Radiant's existing company-owned presence in Shanghai, giving the Company a direct footprint across three of the most important freight gateway markets in Asia. Together, the Hong Kong and Shenzhen operations serve as essential gateways for customers moving freight between Asia and global markets, and their integration into the Radiant platform further strengthens the Company's ability to deliver seamless, end-to-end supply chain solutions.

The Hong Kong and Shenzhen teams bring with them a long track record of excellence, having served for many years in these markets in support of Transcon Shipping Co., Inc. ("Transcon"), the U.S.-based freight forwarder that Radiant acquired in March of 2025. Customers who have relied on this team will experience complete service continuity: the same trusted professionals and the same local expertise, now operating under the Radiant flag and supported by the full strength of the Radiant network.

The combined Hong Kong and Shenzhen operations are led by Thomas Wong, a respected logistics professional with deep expertise in the region and decades of experience in supporting Transcon and its customers. Thomas Wong will report to Randy Briggs, SVP International Products and Services, as part of Radiant's growing international platform.

For customers, this expansion means access to a broader global network, a stronger international agent base, enhanced inland transportation capabilities across South China, and integration with Navegate®, Radiant's proprietary global collaboration platform, delivering greater visibility, coordination and control across international shipments.

"This is an important milestone in the continued evolution of our international platform," said Bohn Crain, Founder and CEO of Radiant Logistics. "With our acquisition of Transcon in 2025, we inherited a strong U.S. operation and a deep relationship with an exceptional Asia-based team. Expanding our Hong Kong presence and establishing a direct company-owned operation in Shenzhen is the natural next step. Our customers now have the benefit of that local expertise fully integrated into the Radiant network."

"Our team has been a proud partner to Transcon and its customers for many years, and we are equally proud to now be a direct part of the Radiant family," added Thomas Wong, General Manager of Radiant's Hong Kong and Shenzhen operations. "For our customers, nothing changes in terms of who is taking care of them day to day. What changes is the depth of resources and global reach we can now bring to support their business."

About Radiant Logistics (NYSE American: RLGT) 

Radiant Logistics, Inc. (www.radiantdelivers.com) is a publicly traded third party logistics company providing technology-enabled global transportation and value added logistics solutions primarily to customers based in the United States, Canada and Mexico. Through its comprehensive service offering, Radiant provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base including manufacturers, distributors and retailers which it supports from an extensive network of Radiant and agent-owned offices throughout North America and other key markets around the world. Radiant's value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management and technology services.

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/radiant-logistics-expands-hong-kong-operations-and-establishes-new-presence-in-shenzhen-302763686.html

SOURCE Radiant Logistics, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Radiant Logistics (RLGT) announce about Hong Kong and Shenzhen on May 1, 2026?

Radiant announced expanded company-owned operations in Hong Kong and a new company-owned office in Shenzhen, effective May 1, 2026. According to Radiant, these moves create a direct footprint across three Asia gateways including Shanghai and integrate teams from the Transcon acquisition.

How will RLGT customers be affected by the Hong Kong and Shenzhen expansion?

Customers will see continuity of day-to-day service with added resources and reach. According to Radiant, the same local professionals now operate under Radiant and gain access to a broader international network and inland transportation in South China.

Who will lead Radiant's Hong Kong and Shenzhen operations (RLGT)?

Thomas Wong will lead the combined Hong Kong and Shenzhen operations, reporting to Randy Briggs. According to Radiant, Wong has decades of regional logistics experience and previously supported Transcon and its customers in these markets.

Does the RLGT expansion include technology integration for international shipments?

Yes. Radiant will integrate the Hong Kong and Shenzhen operations with Navegate®, its proprietary global collaboration platform. According to Radiant, this integration aims to improve visibility, coordination and control across international shipments.

How does the RLGT expansion relate to the Transcon acquisition of March 2025?

The Hong Kong and Shenzhen teams previously served Transcon and now operate under Radiant following the March 2025 acquisition. According to Radiant, customers of those teams will experience uninterrupted service and expanded global support.