Radiant Logistics, Inc. operates as a third party logistics company that provides multi-modal transportation and logistics services primarily in the United States and Canada. The company services a diversified account base consisting of consumer goods, food and beverage, manufacturing and retail customers, which it supports from a network of approximately 140 operating locations across North America, as well as an integrated international service partner network located in other markets worldwide. It provides services through a multi-brand network, including 18 company-owned offices. The company has approximately 10,000 asset-based transportation companies, including motor carriers, railroads, airlines, and ocean lines in its carrier network. Through its operating locations across North America, the company offers domestic and international air and ocean freight forwarding services and freight brokerage services, including truckload services, less than truckload (LTL) services, and intermodal services. The company's primary business operations involve arranging the shipment, on behalf of its customers, of materials, products, equipment, and other goods that are generally larger than shipments handled by integrated carriers of primarily small parcels, such as FedEx, DHL and UPS, including arranging and monitoring various aspects of material flow activity. The company also provides other value-added logistics services, including customs brokerage and materials management and distribution solutions to complement its core transportation service offering. Segments The company is organized in two geographic segments, U.S. and Canada. Its transportation services for both the U.S. and Canada segments could be placed into the categories of freight forwarding and freight brokerage services. Freight Forwarding: As a freight forwarder, the company operates as a non-asset based carrier providing domestic and international air and ocean freight forwarding services. Its freight forwarding operations involve obtaining shipment or material orders from customers, creating and delivering a range of logistics solutions to meet customers' specific requirements for transportation and related services, and arranging and monitoring various aspects of material flow activity. The company arranges for transportation of its customers’ shipments via trucking companies, commercial airlines, air cargo carriers, ocean carriers, and other asset and non-asset based third-party providers. Freight Brokerage: The company also provides bi-modal brokerage capabilities providing truck load, LTL and intermodal services throughout the United States and Canada. It has a sales presence in approximately 25 markets across North America, which is managed through its centralized service centers in Chicago, Illinois and Toronto, Ontario. The company offers temperature-controlled, dry van, intermodal drayage, and flatbed services and specializes in the transport of food and beverage, consumer packaged goods and frozen food and refrigerated products. As an intermodal marketing company, the company arranges for the movement of its customers’ freight in containers, trailers and rail boxcars, typically over long distances of 750 miles or more. It contracts with railroads to provide transportation for the long-haul portion of the shipment and with local trucking companies, known as ‘drayage companies’, for pickup and delivery. To complement its core transportation service offerings, the company also provides various value-added services, including customs brokerage and materials management and distribution solutions. Information Services In its forwarding operations, the company uses a Web-enabled third-party freight forwarding software (Cargowise) that is integrated to its third-party accounting system (SAP). Strategy The company's strategy is to expand its operations through a combination of organic growth and the strategic acquisition of non-asset based transportation and logistics providers meeting its acquisition criteria. Sales and Marketing The company markets its services through its network of company-owned and strategic operating partner locations across North America. History Radiant Logistics, Inc. was founded in 2001.
radiant logistics inc (RLGT:NYSE Amex)
405 114th Avenue SE
Bellevue, WA 98004
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