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The Company structured the transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations.\"The USA Logistics transaction and our long-standing partnership with Mike represents another significant milestone in the continued evolution of Radiant,\" remarked Radiant's Founder and CEO, Bohn Crain. \"We launched Radiant in 2006 with the goal of partnering with logistics entrepreneurs who would benefit","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/radiant-logistics-acquires-strategic-operating-131000144.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/radiant-logistics-acquires-strategic-operating-131000144.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RLGT","INC"],"gpt_icon":0},{"id":"2516924667","title":"Radiant Logistics acquires California-based forwarder","url":"https://stock-news.laohu8.com/highlight/detail?id=2516924667","media":"FreightWaves","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516924667?lang=en_us&edition=fundamental","pubTime":"2025-03-04 07:05","pubTimestamp":1741043137,"startTime":"0","endTime":"0","summary":"Radiant Logistics announced Monday it has acquired ocean and air freight forwarder Transcon Shipping.El Segundo, California-based Transcon Shipping specializes in full and less-than-container-load ocean shipments on the trans-Pacific trade lane with air and ground options out of major gateways like Los Angeles, New York and Chicago. Its international agent network primarily serves the furniture, recreational automotive and consumer end markets.Terms of the transaction were not disclosed but Renton, Washington-based 3PL Radiant  said a portion of the purchase price will be tied to Transcon’s future performance.Transcon generated $75 million in revenue during 2024, with earnings before interest, taxes, depreciation and amortization of $4 million. Radiant generated $35.8 million in adjusted EBITDA over the past year with a high-water mark north of $80 million annually prior to the freight recession.The post Radiant Logistics acquires California-based forwarder appeared first on FreightWav","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/radiant-logistics-acquires-california-based-230537133.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4131","RLGT"],"gpt_icon":0},{"id":"2516664479","title":"BRIEF-Radiant Logistics Acquires Transcon 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