Company information
- Ticker
- RLGT
- Country
- United States
- Sector
- Industrials
- Industry
- Air Freight and Logistics
RADIANT LOGISTICS Business Summary
Radiant Logistics, Inc. (RLGT) operates as a non-asset-based third-party logistics (3PL) provider, generating revenue primarily through transaction-based fees for multimodal transportation and value-added supply chain services. The company’s business is structured into two primary geographic segments: the United States and Canada. Its service portfolio encompasses domestic and international freight forwarding, truck and rail brokerage, customs brokerage, and contract logistics, including warehousing and inventory management. Radiant differentiates itself through a hybrid "agent-station" model, utilizing a network of both company-owned and strategic operating partner locations supported by its proprietary Navegate technology platform and its recently launched AI agent, "Ray." In the competitive landscape, Radiant contends with larger 3PL and brokerage firms such as ArcBest Corp, Hub Group, Landstar System, and XPO Inc, positioning itself as a flexible, technology-centric consolidator that scales through organic growth and strategic "tuck-in" acquisitions. The company was founded in 2005 by Bohn Crain, who continues to serve as Chairman and CEO, bringing over 30 years of industry pedigree including executive roles as CFO of Stonepath Group and Schneider Logistics, and treasury positions at CSX Corporation. The leadership team includes Senior VP and CFO Todd Macomber, formerly the CFO of Biotrace International, and Senior VP and CTO Laurent Grousseau, who previously served as CIO of Pilot Freight Services and held leadership roles at CEVA Logistics and Kuehne + Nagel. Radiant’s governance is overseen by a seasoned board including Lead Independent Director Richard Palmieri and directors Michael Gould and Kristin Toth. Notable institutional backing has historically included Crescent Capital BDC, alongside significant insider ownership by Crain, who maintains an approximate 22% stake, aligning management incentives with long-term shareholder value.