RADIANT LOGISTICS EXTENDS ITS AGENT-BASED GROWTH MODEL TO OVER-THE-ROAD AND INTERMODAL SERVICES WITH LAUNCH OF NEW AGENT PROGRAM AT RADIANT ROAD & RAIL
Rhea-AI Summary
Radiant Logistics (NYSE American: RLGT) launched a new independent agent program at Radiant Road & Rail, extending its long-used agent-based growth model from freight forwarding into the U.S. over-the-road and intermodal brokerage market. The program debuts with two initial agency owners, Travis Tackett and Ryan Knight.
According to the company, agents gain access to Radiant’s carrier network, technology platform, centralized back-office support and a bi-modal service offering across truckload, LTL, temperature-controlled, intermodal, drayage and transloading. The model also includes a structured path to build transferable equity and an eventual liquidity event via Radiant’s built-in buyout strategy.
Positive
- Launch of Radiant Road & Rail agent program extends agent model to truck brokerage and intermodal
- New agents receive access to Radiant’s carrier network, technology platform and back-office support
- Program offers agents bi-modal services including truckload, LTL, intermodal, drayage and temperature-controlled freight
- Model includes a structured path for agents to build equity and monetize their business via Radiant buyout
- Initial onboarding of two agency owners demonstrates early adoption of the new program
Negative
- None.
News Explained
Beyond truck brokerage and intermodal services, the new program lets its independent agents cross-sell international air and ocean forwarding, customs brokerage and other value-added services through Radiant’s broader network.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 11 | Q3 earnings report | Positive | +9.8% | Q3 net income increased while adjusted EBITDA reached $7.8 million |
| May 06 | Asia operations expansion | Positive | +3.6% | Hong Kong expansion and Shenzhen office established effective May 1 |
| May 05 | Investor call notice | Neutral | +3.6% | Company scheduled conference call to discuss third-quarter financial results |
| Feb 09 | Q2 earnings report | Positive | +16.3% | Revenue and adjusted gross profit improved on a normalized basis |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
RLGT's recent company news generally aligned with positive price reactions, including earnings, operational expansion, and conference-related coverage.
Key Terms
intermodal technical
drayage technical
transloading technical
transportation management system technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Two-decade track record of building the freight forwarding industry's premier agent network now extends to truck brokerage and intermodal markets, giving agency owners a built-in path to long-term liquidity
Since entering the freight forwarding business in 2006 with the acquisition of Airgroup, Radiant has built one of the industry's leading agent-based networks through a series of acquisitions, including Adcom Worldwide (2008), Distribution By Air (2011) and Service By Air (2015), along with the organic addition of dozens of independent agent locations across
The new Radiant Road & Rail agent program is designed to bring that same value proposition to entrepreneurs in the agent-based truck brokerage ecosystem. Agents gain access to Radiant's carrier base, technology platform, back-office infrastructure and bi-modal service offering spanning truckload, less-than-truckload, temperature-controlled, intermodal, drayage and transloading services.
The platform also gives agents a meaningful edge with their customers. Rather than being limited to truck brokerage alone, they can now offer intermodal services along with international air and ocean freight forwarding, customs brokerage and other value-added services through the broader Radiant network.
Just as importantly, it gives agency owners a clear, structured path to monetize the value of the business they build. That built-in succession and liquidity opportunity is one of the most distinctive features of the Radiant model.
"Our goal at Radiant has always been to be the preferred platform for logistics entrepreneurs," said Bohn Crain, Founder, Chairman and CEO of Radiant Logistics. "For twenty years, we've proven that mission through the growth of our freight forwarding agent network, where we provide our strategic operating partners with the resources to grow their business, as well as a built-in exit strategy when they are ready for one. We have long believed that same model can work equally well in the truck brokerage and intermodal space. With the launch of Radiant Road & Rail's agent program, we will be giving talented, customer-focused operators the platform, technology and support to build their own business under the Radiant umbrella, with a clear path to monetizing what they've built, and we are excited to bring that opportunity to a new community of entrepreneurs."
"Radiant Road & Rail has spent the past several years building the technology, carrier relationships and operational depth needed to compete at the highest levels of the brokerage business," said Chris Brach, SVP and General Manager of Radiant Road & Rail. "Over that time, we've built out our over-the-road brokerage offering using Revenova as our transportation management system and are pleased to now have the opportunity to open up the full capabilities of the Road & Rail platform to independent agents who want the autonomy of running their own business without having to build the infrastructure behind it themselves."
"Whether someone is an established agent looking for a stronger platform, or an experienced sales or operations professional ready to build something of their own, we are here to support them every step of the way. Just as importantly, we can offer a proven path to an eventual exit, backed by the resources of a publicly traded company with a two-decade history of supporting logistics entrepreneurs," said Brach.
With 14 years of experience in the transportation and brokerage industry, Travis Tackett will be servicing customers across
Ryan Knight, with over 13 years of industry experience, will also be servicing customers across
Radiant Road & Rail's agent program is built around the following core offerings:
- Access to Radiant Road & Rail's carrier network and pricing power across truckload, LTL, intermodal, drayage and temperature-controlled freight
- A technology-enabled operating platform supporting quoting, tracking, carrier management and customer-facing tools
- Centralized back-office support, including billing, collections, claims and compliance
- A clear path to building long-term, transferable equity value in an independent agency business, supported by Radiant's built-in exit strategy to monetize what they've built and achieve liquidity on their own timeline
- The ability to cross-sell international air and ocean freight forwarding, customs brokerage and other value-added services through Radiant's broader network
Radiant is actively recruiting experienced logistics entrepreneurs, including current agents seeking a stronger platform, regional brokerages, and sales-driven operators, to join the Radiant Road & Rail network.
For more information, visit rrs.radiantdelivers.com or contact Chris Brach at 630.427.3075 or cbrach@radiantdelivers.com.
About Radiant Road & Rail, Inc.
Radiant Road & Rail, Inc. (rrs.radiantdelivers.com) is a wholly owned subsidiary of Radiant Logistics, Inc. and serves as the platform for the Radiant Network's
About Radiant Logistics, Inc.
Radiant Logistics, Inc. (www.radiantdelivers.com) (NYSE American: RLGT) 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 and Canada. 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 Company-owned and agent-owned offices throughout North America and other key markets around the world.
Forward-Looking Statements
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, regarding future operating performance, events, trends and plans, including statements with respect to the anticipated growth and benefits of the Company's new agent program at Radiant Road & Rail. Such statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Additional information concerning these risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Radiant undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
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SOURCE Radiant Logistics, Inc.