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Stock impact report

PS Logistics acquires Louisiana flatbed carrier Fluker Transportation [Yahoo! Finance]

Radiant Logistics, Inc. (RLGT) 
NASDAQ:AMEX Investor Relations: radiantdelivers.com
Company Research Source: Yahoo! Finance
Hammond, Louisiana-based Fluker provides flatbed and heavy-haul transportation to the construction and military defense markets throughout the U.S. Southeast. Financial terms of the transaction were not disclosed. Fluker's drivers and employees will operate under the Blair Logistics banner. “Fluker aligns nicely with our desire to partner with founder- or family-owned trucking companies that put their drivers first, and PS Logistics is looking forward to the growth opportunities that will result from this acquisition,” said Scott Smith, CEO and co-founder of PS Logistics, in a news release. Birmingham, Alabama-based PS Logistics provides asset-based transportation as well as nonasset offerings like brokerage, third-party logistics and managed transportation. It has acquired 27 trucking companies and five nonasset logistics operators since 2016. “Throughout the process of working with [PS Logistics], it became evident that they are committed to the drivers' success, and I'm ex Show less Read more
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