Radiant Logistics acquires Foundation Logistics & Services [Yahoo! Finance]
Radiant Logistics, Inc. (RLGT)
NASDAQ:AMEX Investor Relations:
radiantdelivers.com
Company Research
Source: Yahoo! Finance
Humble, Texas-based Foundation is a 10-year-old logistics services provider to companies focused on the exploration, drilling and production of oil and gas. It specializes in the global transport of hazardous materials, explosives and oilfield equipment. Financial terms of the transaction were not disclosed, but like other acquisitions Radiant ( NYSE: RLGT ) has made, a portion of the purchase price will be paid based on future performance of the acquired entity. Foundation will continue to be operated by its founders, Larry Earley and Cindy Jones. The company will transition and operate under the Radiant banner at some point next year. “We were looking for a long-term partner with that same passion for servicing the customer and a shared vision to further advance our business, while also providing an opportunity for growth for our employees,” Earley said in a news release. Renton, Washington-based Radiant acquired time-critical logistics provider Cascade Transportation in Ju
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RLGT
News
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- Radiant Logistics Inc (RLGT) Q1 2025 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
- Radiant Logistics points to some positives on quarterly call [Yahoo! Finance]Yahoo! Finance
- RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2024PR Newswire
RLGT
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- RLGT's page on the SEC website