Radiant Logistics, Inc. (NYSEAM:RLGT) is looking for tuck-in acquisitions. Bohn Crain, Founder and Chief Executive Officer said, "Looking ahead, we will remain focused on delivering profitable growth through a combination of organic and acquisition initiatives and thoughtfully relevering our balance sheet through a combination of agent station conversions, strategic tuck-in acquisitions and stock buybacks".
Radiant Logistics, Inc. operates as a third-party logistics company, providing technology-enabled global transportation and value-added logistics services in the United States and Canada. It provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base, including manufacturers, distributors and retailers that have agent-owned offices throughout North America and other markets around the world. Its value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management, and technology services. It serves various industries, such as consumer goods, food and beverage, electronics and high-tech, aviation and automotive, military and government, and manufacturing and retail customers. As a third-party logistics provider, its primary business operations involve arranging the shipment, on behalf of its customers, of materials, products, equipment and other goods.