Radiant Logistics Announces New $200m Secured Credit Facility
Radiant Logistics, Inc. today announced that it has secured a new $200.0 million syndicated secured revolving credit facility (the “Secured Facility”) to replace its existing $150.0 million revolving facility. The Secured Facility enhances the Company’s financial flexibility, providing increased capacity to fund future acquisitions, capital expenditures or for other corporate purposes, including, if warranted at the time, the repurchase of the Company’s common stock.
Radiant Announces Rebrand of Radiant Clipper to Radiant Road & Rail
Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced the rebranding of its U.S. brokerage platform, the Clipper Express Company (d/b/a Radiant Clipper), to Radiant Road & Rail.
Radiant Logistics Announces Record Results For The Third Fiscal Quarter Ended March 31, 2022
Reports quarterly results with revenues of $460.9 million, up $224.4 million or 94.9%; Net revenues of $84.9 million, up $28.1 million or 49.5%; Net income of $14.3 million, up $9.3 million or 186.0%; and Adjusted EBITDA of $23.6 million, up $10.7 million or 82.9%
Radiant Logistics, Inc. (NYSE American: RLGT) today reported financial results for the three and nine months ended March 31, 2022.