Radiant Logistics, Inc. operates as a non-asset based transportation and logistics services company. The company provides domestic and international freight forwarding services and truck brokerage services through a network of company-owned and strategic operating partner locations operating under the Radiant, Airgroup, Adcom, DBA, and On Time network brands located throughout North America and an integrated service partner network serving other markets worldwide. It also offers a range of value-added supply chain management services, including customs brokerage, order fulfillment, inventory management, and warehousing. The company, through its operating locations across North America, offers domestic and international air, ocean, and ground freight forwarding to an account base consisting of manufacturers, distributors, and retailers. Its primary business operations involve arranging the shipment, on behalf of its customers, of materials, products, equipment, and other goods that are larger than shipments handled by integrated carriers of primarily small parcels, such as FedEx, DHL, and UPS. The company provides a range of value-added logistics solutions to meet customers’ specific requirements for transportation and related services, including arranging and monitoring all aspects of material flow activity utilizing advanced information technology systems. These logistics solutions include domestic and international freight forwarding and door-to-door delivery services using a range of transportation modes, including air, ocean, and truck. The company arranges for transportation of its customers’ shipments through commercial airlines, air cargo carriers, and other asset and non-asset based third-party providers. It selects the carrier for a shipment based on route, departure time, available cargo capacity, and cost. The company might charter cargo aircraft and/or ocean vessel’s from time to time depending upon seasonality, freight volumes, and other factors. Information Services The company 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. Sales and Marketing The company principally markets its services through its network of company-owned and strategic operating partner locations across North America. Regulation Some of the regulations affecting the company’s operations are as follows: Air freight forwarding operations are subject to regulation, as an indirect air cargo carrier, under the Federal Aviation Act as enforced by the Federal Aviation Administration of the U.S. Department of Transportation, and the Transportation Security Administration of the Department of Homeland Security. Surface freight forwarding operations are subject to various state and federal statutes, and are regulated by the Federal Motor Carrier Safety Administration of the U.S. Department of Transportation and the Surface Transportation Board. The Federal Motor Carrier Safety Administration also has the authority to regulate interstate motor carrier operations, including the regulation of certain rates, charges, and accounting systems, to require periodic financial reporting, and to regulate insurance, driver qualifications, operation of motor vehicles, parts and accessories for motor vehicle equipment, hours of service of drivers, inspection, repair, maintenance standards, and other safety related matters. The federal laws governing interstate motor carriers have both direct and indirect application to the company. The Federal Maritime Commission (FMC) regulates and licenses ocean forwarding operations. Non-vessel operating common carriers are subject to FMC regulation, under the FMC tariff filing and surety bond requirements, and under the Shipping Act of 1984, particularly those terms proscribing rebating practices. The United States customs brokerage operations are subject to the licensing requirements of the Bureau of Customs and Border Protection of the Department of Homeland Security. Significant Events In March 2015, Radiant Logistics, Inc. announced the further expansion of its Airgroup network with a new office opening in San Juan, Puerto Rico. 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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