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Company Highlights
Thursday, June 01, 2017
RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER DEDICATED LOGISTICS TECHNOLOGIES
   

BELLEVUE, WA June 1, 2017 – Radiant Logistics, Inc. (NYSE MKT: RLGT), a third-party logistics and multimodal transportation services company, today announced it has completed the acquisition of the assets of its strategic operating partner Dedicated Logistics Technologies (“Dedicated”), a privately held company that has historically operated under the Company’s Service By Air brand in Newark, New Jersey and Los Angeles, California.


Tuesday, May 30, 2017
RADIANT LOGISTICS APPOINTS RANDY BRIGGS AS VICE PRESIDENT OF INTERNATIONAL SERVICES
   

BELLEVUE, WA, May 26, 2017 – Radiant Logistics, Inc. (NYSE MKT: RLGT), a third-party logistics and multimodal transportation services company, today announced it has appointed Randy Briggs as Vice President of International Services of its freight forwarding operations.


05/11/17 9:44 am
RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER

BELLEVUE, WA, May 10, 2017 – Radiant Logistics, Inc. (NYSE MKT: RLGT), a third party logistics and multi-modal transportation services company, today reported financial results for the three and nine months ended March 31, 2017.

Third Fiscal Quarter Financial Highlights (Quarter Ended March 31, 2017)
  • Revenues were $181.8 million, up $3.5 million or 2.0% compared to revenues of $178.3 million for the comparable prior year period.
  • Net revenues were $45.7 million, up $3.9 million or 9.3% compared to net revenues of $41.8 million for the comparable prior year period.
  • Net income attributable to common stockholders was $0.4 million, or $0.01 per basic and fully diluted share for the third fiscal quarter ended March 31, 2017, compared to a net loss of $2.2 million, or $0.05 per basic and fully diluted share for the comparable prior year period.
  • Adjusted net income attributable to common stockholders was $3.4 million, or $0.07 per basic and fully diluted share for the third fiscal quarter ended March 31, 2017, compared to adjusted net income of $1.8 million, or $0.04 per basic and fully diluted share for the comparable prior year period. Periods are calculated by applying a normalized tax rate of 36% and excluding other items not considered part of regular operating activities.
  • Adjusted EBITDA increased 39.5% to $6.5 million for the third fiscal quarter ended March 31, 2017, compared to adjusted EBITDA of $4.7 million for the comparable prior year period. Normalizing these results to exclude non-recurring transition costs associated with the interim operation of Service by Air’s back-office operations, adjusted EBITDA would have been $6.9 million for the third fiscal quarter ended March 31, 2017 compared to $5.2 million for the comparable prior year period.

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