Radiant Logistics, Inc. operates as a third party logistics company. The company provides multi-modal transportation and logistics services primarily in the United States and Canada. The company services an account base consisting of consumer goods, food and beverage, manufacturing and retail customers, which the company supports from a network of approximately 150 operating locations across North America. The company provides these services through a multi-brand network consisted of approximately 31 company owned offices and 128 locations operated by its independent agents, as well as an integrated international service partner network located in other key markets worldwide. As a third party logistics company, the company has approximately 10,000 asset-based transportation companies, including motor carriers, railroads, airlines, and ocean lines in its carrier network. The company, through its operating locations across North America, offers domestic and international air and ocean freight forwarding services and freight brokerage services, including truckload services, less than truckload services, and intermodal services, which is the movement of freight in trailers or containers by combination of truck and rail. 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. The company is organized functionally in two geographic operating segments, U.S. and Canada. The company’s 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. The company’s 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 utilizing advanced information technology systems. The company arranges for transportation of its customers’ shipments through 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, less–than-truckload, and intermodal services throughout the United States and Canada. The company has a sales presence in approximately 25 key 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. The company 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. The company also provides other value-added logistics services, including customs brokerage, order fulfillment, inventory management and warehousing services to complement its core transportation service offering. Information Services In the company’s forwarding operations, it uses a Web-enabled third-party freight forwarding software (Cargowise) that is integrated to its third-party accounting system (SAP). These systems combine to form the foundation of the company’s supply-chain technologies, which it calls ‘Globalvision’, and which provides the company with a common set of back-office operating, accounting and customer facing applications used across its network. In the company’s brokerage operations, it utilizes Wheels Group, Inc.’s TEDS system for transportation management and Megatrans for intermodal services. In its warehousing operations, the company uses Microsoft’s Navision. Sales and Marketing The company principally markets its services through its network of company-owned and strategic operating partner locations across North America. Customers The company services an account base of approximately 12,000 accounts consisting of consumer goods, food and beverage, manufacturing and retail customers. Acquisitions In 2015, the company acquired Service by Air, Inc., a domestic and international air freight forwarder serving manufacturers, distributors and retailers through a combination of three company-owned operating locations and 40 independent agency locations across North America. In 2014, the company acquired Trans-NET, Inc., which expands company-owned operations in Seattle, Washington and provides a gateway of services to the Russian Far East. Growth Strategy The company has executed a strategy to expand operations through a combination of organic growth and the strategic acquisition of non-asset based transportation and logistics providers meeting its acquisition criteria. The company’s strategy is to leverage the people, process and technology available through a central platform; and develop and maintain strong customer relationships. 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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