Archive for ◊ April, 2017 ◊

Author:
• Monday, April 17th, 2017

BELLEVUE, WA, April 14, 2017 – Radiant Logistics, Inc. (NYSE MKT: RLGT), a domestic and international freight forwarding and logistics services company, today announced that in accordance with the terms of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock (RLGTPA), its Board of Directors has declared a cash dividend of $0.609375 per share. The dividend is payable with respect to the period commencing on January 31, 2017 and ending on April 28, 2017. The dividend is payable on May 1, 2017 to preferred stockholders of record as of April 28, 2017.

About Radiant Logistics

Radiant Logistics, Inc. (www.radiantdelivers.com) is a comprehensive North American provider of third party logistics and multimodal transportation services. As a non-asset provider, with minimal investment in equipment, the company delivers advanced supply chain solutions through a network of company-owned and strategic operating partner locations across North America. Through its comprehensive service offering, Radiant provides domestic and international freight forwarding services, truck and rail brokerage services and other value-added supply chain management services, including customs brokerage, order fulfillment, inventory management and warehousing to a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world.

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management’s expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to trends in the domestic and global economy, our ability to attract new and retain existing agency relationships, acquisitions and integration of acquired entities, availability of capital to support our acquisition strategy, our ability to maintain and improve back office infrastructure and transportation and accounting information systems in a manner sufficient to service our revenues and network of operating locations, outcomes of legal proceedings, competition, management of growth, potential fluctuations in operating results, and government regulation. More information about factors that potentially could affect Radiant Logistics, Inc. financial results is included Radiant Logistics, Inc.’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

 

Category: 2017, Press Releases  | Comments off
• Monday, April 03rd, 2017

BELLEVUE, WA   April 3, 2017 – Radiant Logistics, Inc. (NYSE MKT: RLGT), a third party logistics and multi-modal transportation services company, announced that, on April 1, 2017, it acquired Lomas Logistics, a division of L.V. Lomas Limited, through its wholly owned subsidiary, Wheels International Inc.  Lomas Logistics operates as a third party logistics provider serving companies across a range of industries including consumer goods, healthcare, food, chemicals and technology and operates from locations in Ontario and British Columbia, Canada. Lomas Logistics, generated approximately CAD$17.0 million in revenues for calendar 2016, which resulted in approximately CAD$2.1 million in normalized adjusted EBITDA.  A reconciliation of adjusted EBITDA to the most directly comparable GAAP measure appears at the end of this release.

Lomas Logistics will transition to operate as Wheels International. Radiant’s Founder and CEO, Bohn Crain remarked, “The acquisition of Lomas Logistics enhances our ability to provide distribution services while leveraging our full suite of transportation services through the Radiant / Wheels network to a broader and more diverse group of target industries.  We are thrilled to welcome Harry Smit and the Lomas Logistics team to the Radiant / Wheels organization. We expect the integration to take place quickly over the next couple of months.”

Crain continued, “Wheels serves as a platform to support our Canadian centric acquisition initiatives and the addition of Lomas Logistics is contributing to the further strengthening of our position in the Canadian marketplace. In addition, Lomas Logistics brings unique healthcare service offerings with licenses from Health Canada to distribute medical devices, pharmaceutical and natural health products which is expected to accelerate the development of a robust healthcare service offering for Wheels and Radiant.  The scaling of our full distribution capabilities, including global inbound transportation and a full range of outbound transportation services, positions us to support the evolving needs for multi-channel fulfillment and distribution for many industries.”

Non-GAAP Financial Measures

This press release contains a financial measure, adjusted EBITDA, which is considered a “non-GAAP” financial measure under applicable Securities & Exchange Commission rules and regulations.  This non-GAAP financial measure should be considered supplemental to and not a substitute for financial information prepared in accordance with generally accepted accounting principles.  Our definition of this non-GAAP measure may differ from similarly titled measures used by others.  The non-GAAP financial measure used in this press release adjusts for specified items that can be highly variable or difficult to predict.  We view this non-GAAP financial measure as a means to facilitate management’s financial and operational decision-making, including evaluation of our historical operating results and comparison to competitors’ operating results.  This non-GAAP financial measure reflects an additional way of viewing aspects of our operations that, when viewed with GAAP results and the reconciliations to the corresponding GAAP financial measure, may provide a more complete understanding of factors and trends affecting our business.

A reconciliation of adjusted EBITDA amounts to the most directly comparable GAAP measure attributed to Lomas Logistics for the year ended December 31, 2016 is shown below:

Reconciliation of net income to normalized adjusted EBITDA Year ended December 31, 2016
(CAD, in thousands)
Net income before taxes $         1,299

Income tax expense

                —

Depreciation and amortization

              580
EBITDA $         1,879
Contractual reduction in compensation               292
Normalized adjusted EBITDA $         2,171

About Radiant Logistics (NYSE MKT: RLGT)

Radiant Logistics, Inc. (www.radiantdelivers.com) is a comprehensive North American provider of third party logistics and multimodal transportation services. As a non-asset provider, with minimal investment in equipment, the company delivers advanced supply chain solutions through a network of company-owned and strategic operating partner locations across North America. Through its comprehensive service offering, Radiant provides domestic and international freight forwarding services, truck and rail brokerage services and other value-added supply chain management services, including customs brokerage, order fulfillment, inventory management and warehousing to a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world.

About L.V. Lomas (NYSE MKT: RLGT)

L.V. Lomas is one of North America’s leading distributors of chemicals and ingredients, raw materials and packaging products founded in 1960 by Lloyd V. Lomas.

Cautionary Note Regarding Forward-Looking Statements

This report contains “forward-looking statements” within the meaning set forth in United States securities laws and regulations – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business, financial performance and financial condition, and often contain words such as “anticipate,” “believe,” “estimates,” “expect,” “future,” “intend,” “may,” “plan,” “see,” “seek,” “strategy,” or “will” or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. We have developed our forward-looking statements based on management’s beliefs and assumptions, which in turn rely upon information available to them at the time such statements were made. Such forward-looking statements reflect our current perspectives on our business, future performance, existing trends and information as of the date of this report. These include, but are not limited to, our beliefs about future revenue and expense levels, growth rates, prospects related to our strategic initiatives and business strategies, along with express or implied assumptions about, among other things: our continued relationships with our strategic operating partners; the performance of our historic business, as well as the businesses we have recently acquired, at levels consistent with recent trends and reflective of the synergies we believe will be available to us as a result of such acquisitions; our ability to successfully integrate our recently acquired businesses (including Lomas Logistics); our ability to locate suitable acquisition opportunities and secure the financing necessary to complete such acquisitions; the occurrence of no adverse developments affecting domestic and international economic, political or competitive conditions within our industry; transportation costs remaining in-line with recent levels and expected trends; our ability to mitigate, to the best extent possible, our dependence on current management and certain of our larger strategic operating partners; the absence of any adverse laws or governmental regulations affecting the transportation industry in general, and our operations in particular; and such other factors that may be identified from time to time in our Securities and Exchange Commission filings and other public announcements including those set forth under the caption “Risk Factors” in our Form 10-K for the year ended June 30, 2016. We disclaim any intention or obligation to update any forward-looking statement even if new information becomes available, as a result of future events or for any other reason. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement.

 

Category: 2017, Press Releases  | Comments off
x

Total Global Coverage

Over 100 North American locations and a network of independent carriers and international agents around the globe.
United States and Canada Texas Florida Alaska California Georgia Alabama Mississippi Louisiana Nevada South Carolina North Carolina Tennessee Virginia District Of Columbia West Virginia Washington British Columbia Oregon Utah Colorado Kansas Oklahoma Missouri Arkansas Kentucky Illinois Indiana Ohio Nebraska Minnesota North Dakota South Dakota Idaho Montana Wyoming Iowa Wisconsin Michigan Maryland Pennsylvania New York New Jersey Delaware Connecticut Massachusetts Vermont New Hampshire Maine Ontario Hawaii

Search by State

Click on a region to find stations in the area.

Click on a city name for contact information.
GEORGIA
Atlanta
Adcom Worldwide  (ATL)
5169 Southridge Parkway
Suite 106
College Park, GA
30349
T (404) 209-7071
F (404) 209-7603
Airgroup  (ATL)
4605 Coates Drive
Suite B
Fairburn, GA
30213
T (877) 821-7155
F (404) 941-1605
Distribution By Air  (ATL)
683 Atlanta South Parkway
Atlanta, GA
30349
T 877-991-2975
F 404-305-1629
MARYLAND
Baltimore
Distribution By Air  (BWI)
4711 Hollins Ferry Road
Suite 117
Baltimore, MD
21227
T 800-310-1033
F 410-863-1906
MINNESOTA
Bloomington
Radiant Global Logistics  (MSP)
396 American Blvd E
Bloomington, MN
55420
T 1-800-969-7928
Minneapolis
Airgroup  (MSP)
990 Lone Oak Road
Suite 122
Eagan, MN
55121
T (888) 463-8326
F (651) 681-0725
Distribution By Air  (MSP)
14575 Grand Avenue South
Burnsville, MN
55306
T 800-340-5097
F 952-378-2883
MASSACHUSETTS
Boston
Adcom Worldwide  (BOS)
240 William F. McClellan Hwy.
East Boston, MA
02128
T (800) 370-7700
F (617) 567-3968
Distribution By Air  (BOS)
256 Marginal street #3
Boston, MA
02128
T 800-999-3734
F 617-569-0040
CALIFORNIA
Burbank
Airgroup  (BUR)
26007 Huntington Lane
Suite #2
Valencia, CA
91355
T (800) 635-5726
F (661) 294-3996
Los Angeles
Adcom Worldwide  (LAX)
17727 S. SUSANA ROAD
RANCHO DOMINGUEZ, CA
90220
T (310) 928-7525
F (310) 410-0104
Airgroup  (LAX)
601 SOUTH FIGUERORA STREET
SUITE 4050
Los Angeles, CA
90017
T 213.623.2307
F 213.402.2409
Adcom Worldwide  (LAX)
International Services
19300 S. Hamilton Ave. Suite 195
Gardena, CA
90248
T (877) 288-4416
F (310) 216-9625
Distribution By Air  (LAX)
17727 SOUTH SUSANA ROAD
RANCHO DOMINGUEZ, CA
90220
F 310-886-5695
Radiant Global Logistics  (LAX)
1421 Charles Willard Street
Carson, CA
90746
T (866) 225-5289
F (310) 743-8347
LAX@radiantdelivers.com
Oakland
Airgroup  (OAK)
2138 Myrtle Beach Lane
Danville, CA
94526
T 925-406-4631
F 925-406-4634
SAN DIEGO
Adcom Worldwide  (SAN)
33830 CHANNEL STREET
TEMECULA, CA
92592
F 626-638-3296
Airgroup  (SAN)
13691 Danielson S.
Ste A
POWAY, CA
92064
F 858-750-1211
Sacramento
Adcom Worldwide  (SMF)
4300 Raley Blvd.
Sacramento, CA
95838
T (877) 700-2700
F (916) 922-6600
San Francisco
Adcom Worldwide  (SFO)
156 South Spruce Ave
Suite 211
South San Francisco, CA
94080
T (800) 219-9009
F (650) 871-7009
San Jose
Adcom Worldwide  (SJC)
4300 Raley Blvd
Sacramento, CA
95838
T (877) 700-2700
F (916)-922-6600
Airgroup  (SJC)
1972 HARTOG DRIVE
San Jose, CA
95131
T (877) 885-1840
F (408) 573-7600
Santa Ana
Adcom Worldwide  (SNA)
2346 E Walnut Avenue
Fullerton, CA
92831
T 714-870-7447
F 714-870-4647
ILLINOIS
Chicago
Radiant Global Logistics  (ORD)
800 N. Thomas Drive
Bensenville, IL
60106
F (847) 881-0881
Airgroup  (ORD)
610 Supreme Drive
Bensenville, IL
60106
T (800) 935-6588
F (847) 297-3985
Distribution By Air  (ORD)
1110 Lake Cook Road
Suite 245
Buffalo Grove, IL
60089
T 800-774-8376
F 847-215-0090
OHIO
CVG
Radiant Global Logistics  (CVG)
1150 Aviation Blvd.
Hebron, KY
41048
T 888-493-2744
F 859-371-8159
Cincinnati
Adcom Worldwide  (CVG)
1009 Sargent St.
Cincinnati, OH
45203
T (513) 241-4080
F (513) 241-3719
Airgroup  (CVG)
1512 Distribution Dr.
Burlington, KY
41005
T (859) 283-9890
F (859) 283-9903
Cleveland
Adcom Worldwide  (CLE)
16115 Puritas
Cleveland, OH
44135
F (216) 676-0042
Columbus
Airgroup  (CMH)
3614 Lake Mead Drive
Grove City, OH
43123
T (888) 404-4446
F (877) 302-8947
SOUTH CAROLINA
Charleston
Airgroup  (CHS)
102 W 8th North St.
Unit E
Summerville, SC
29483
T (800) 541-6470
F (843) 871-4968
Greenville
Adcom Worldwide  (GSP)
150 West Phillips Road
Suite H
Greer, SC
29650
T (864) 848-2886
F (864) 848-2711
NORTH CAROLINA
Charlotte
Adcom Worldwide  (CLT)
3401 INTERNATIONAL AIRPORT DR.
SUITE 200
Charlotte, NC
28208
T (704) 405-0691
F (704) 329-0315
Airgroup  (CLT)
218 Sigel Rd.
Fort Mill, SC
29715
T (800) 613-5959
F (803) 548-2951
Distribution By Air  (CLT)
1800 Associates Lane
Suite G
Charlotte, NC
28217
T 980-224-8451
F 980-224-8454
TEXAS
Dallas/Ft. Worth
Airgroup  (DFW)
801 B Port America Pl.
Grapevine, TX
76051
F (817) 488-4840
Houston
Airgroup  (IAH)
2700 Greens Road
Bldg. K Ste 400
Houston, TX
77032
T (866) 449-7001
F (281) 449-0992
Laredo
Radiant Global Logistics  (LAR)
4209 Pan American Blvd.
LAREDO, TX
78045
T 855-205-4908
F 956-790-0231
Radiant Global Logistics  (LRD)
216 West Village Blvd.
Suite 301
Laredo, TX
78041-2322
T 888-759-2200
F 956-728-8338
McAllen
Adcom Worldwide  (MFE)
3620 W MILITARY HWY
McAllen, TX
78503
F 956-213-8625
Radiant Global Logistics  (MFE)
1501 International Blvd,
Suite 500
Hidalgo, TX
78557
T 866-301-8326
SAT
Airgroup  (SAT)
3900 N. 10th Street
Ste. #1050
McAllen, TX
78501
San Antonio
Adcom Worldwide  (SAT)
9033 Aero Drive
Suite 200
San Antonio, TX
78217
T (210) 826-0860
F (210) 826-0064
COLORADO
Denver
Adcom Worldwide  (DEN)
16600 E 33rd Avenue
Unit 26
Aurora, CO
80011
T (888) 329-0702
F (303) 344-2302
Airgroup  (DEN)
14114 E. 100th Ln
Commerce City, CO
80022
T 855-550-6006
F 303-289-8082
Distribution By Air  (DEN)
11100 East 55th Avenue
Suite C
Denver, CO
80239
T 877-251-1791
F 303-783-4836
MICHIGAN
Detroit
Radiant Logistics Partners  (DTW)
25911 Northline Commerce Dr.
Suite 300
Taylor, MI
48180
T 800-521-1042
F 734-893-6645
OREGON
Eugene
Airgroup  (EUG)
24350 SE Bohna Park Road
Boring, OR
97089
T (800) 410-3454
F (503) 658-3569
Portland
Radiant Global Logistics  (PDX)
5440 SW Westgate Drive
Suite 325
Portland, OR
97221
T (800) 492-0107
F (503) 233-1522
FLORIDA
Fort Lauderdale
Adcom Worldwide  (FLL)
2640 Hollywood Blvd.
Suite 207
Hollywood, FL
33020
T 866-971-3247
F 954-927-4455
Distribution By Air  (FLL)
701 SE 32nd Court, Ste 205
Fort Lauderdale, FL
33316
F 954-527-1838
Miami
Airgroup  (AGE)
2500 NW 79TH AVE
SUITE 122/123
DORAL, FL
33122
T 305-909-2243
F 305-851-5222
Adcom Worldwide  (MIA)
2125 NW 86TH AVE
Doral, FL
33122
T (866) 612-3266
F (305) 471-4807
Orlando
Adcom Worldwide  (MCO)
6745 Tamarind Circle
Orlando, FL
32818
T (407) 219-4883
F (407) 857-4672
Airgroup  (MCO)
2425 E Landstreet Rd Ste 700
Orlando, FL
32824
T 407-855-7751
F 407-855-7775
Tampa
Adcom Worldwide  (TPA)
5901 Benjamin Center Dr.
Suite 105
Tampa, FL
33634
T (888) 887-3747
F (813) 864-6661
Airgroup  (TPA)
5919 Fitzgerald Road
Odessa, FL
33556
T (800) 982-5096
F (813) 876-6711
PENNSYLVANIA
Harrisburg
Airgroup  (MDT)
900 Calcon Hook Rd
STE: 8
Sharon Hill, PA
19079
T (888) 313-1350
F (610) 543-5588
Philadelphia
Airgroup  (PHL)
28 South Main Street
2nd Floor, Suite 1
Allentown, NJ
08501
T (800) 892-2133
F (855) 208-9576
Distribution By Air  (PHL)
677 West Dekalb Pike
Ste 350
King of Prussia, PA
19406
T 800-310-1033
F 410-863-1906
Radiant Global Logistics  (PHL)
514 Kaiser Drive
Folcroft, PA
19032
T 800-719-0001
F 610-586-5511
Pittsburgh
Adcom Worldwide  (PIT)
1407 Parkway View Dr.
Pittsburgh, PA
15205
T 877-787-1020
F 412-787-2222
Adcom Worldwide  (PIT)
1407 Parkway View Dr.
Pittsburgh, PA
15205
T 877-787-1020
F 412-787-2222
CONNECTICUT
Hartford
Adcom Worldwide  (BDL)
12 Cedar St.
Unit E
East Hartford, CT
06108
T (800) 536-2326
F (860) 216-6878
Distribution By Air  (BDL)
70 Glendale Circle
Windsor Locks, CT
06096
INDIANA
Indianapolis
Airgroup  (IND)
5700 Minnesota, A-3
Indianapolis, IN
46241
T 800-969-2567
F 317-244-2609
HAWAII
Kahului
Airgroup  (OGG)
283 Lalo Street
Unit 202
Kahului, HI
96732
T 808-877-0088
F 808-877-0080
MISSOURI
Kansas City
Distribution By Air  (MCI)
609 EAST 17TH STREET
Kansas City, MO
64108
T 888-248-3554
F 816-880-0022
St. Louis
Airgroup  (STL)
4555 James S McDonnell Blvd
St. Louis, MO
63134
T (888) 423-5938
F (314) 423-6008
NEVADA
Las Vegas
Airgroup  (LAS)
4050 West Sunset Road
Suite B
Las Vegas, NV
89118
T (800) 688-6909
F (702) 798-8026
Reno
Airgroup  (RNO)
4348 Loreto Lane
Reno, NV
89502
T (530) 402-9108
F (775) 657-8649
ARKANSAS
Little Rock
Distribution By Air  (LIT)
1601 Westpark Drive
Suite 4C
Little Rock, AR
72204
F 501-725-4901
TENNESSEE
MEM
Radiant Global Logistics  (MEM)
4320 Executive Drive
Suite 200
Southaven, MS
38672
NEW HAMPSHIRE
Manchester
Airgroup  (MHT)
125 Aviation Avenue
Suite 5
Portsmouth, NH
03801
T 866-344-4248
F 603-431-1621
WISCONSIN
Milwaukee
Airgroup  (MKE)
3383 East Layton Avenue
2nd Floor
Cudahy, WI
53110
T (414) 481-6161
F (414) 481-5920
NEW YORK
New York City
Adcom Worldwide  (JFK)
145 Hook Creek Blvd
Bldg B6B 2nd Floor
Valley Stream, NY
11581
T (800) 221-6020
F (516) 593-1635
Radiant Global Logistics  (JFK)
222 Crossways Park Drive
Woodbury, NY
11797
T 888-456-6602
F 718-995-0821
D.C. Metro
Northern Virginia
Airgroup  (BWI)
44190 Waxpool Rd.
Ste. 177
Ashburn, VA
20147
T (800) 297-6845
F (703) 483-8566
Washington DC
Adcom Worldwide  (DCA)
5655-D General Washington Dr
Alexandria, VA
22312-2403
T (800) 486-7447
F (703) 684-3925
OKLAHOMA
OKLAHOMA CITY
Adcom Worldwide  (OKC)
4020 Will Rogers Parkway
Suite 600
OKLAHOMA CITY, OK
73108
T 855-711-1111
F 405-516-1363
Tulsa
Adcom Worldwide  (TUL)
10514 E PINE STREET
TULSA, OK
74116
T 800-585-8326
F 918-688-0329
Airgroup  (TUL)
160 S 122nd East Avenue
Tulsa, OK
74128
T (800) 934-3243
F (918) 438-0263
NEBRASKA
Omaha
Airgroup  (OMA)
11516 Nicholas Street
Suite 303
Omaha, NE
68154
T 888-665-7284
F 402-451-7822
Distribution By Air  (OMA)
5404 N 99th St.
Omaha, NE
68134
T 402-346-1141
F 402-346-1161
ARIZONA
Phoenix
Radiant Global Logistics  (PHX)
733 W. 22nd St
Tempe, AZ
85282
F 480-634-0834
Airgroup  (PHX)
1425 West 12th Place
Suite 101
Tempe, AZ
85281
T (800) 279-4250
F (480) 921-8635
Distribution By Air  (PHX)
3235 E Jackson
Phoenix, AZ
85034
T 877-446-1141
F 866-832-1161
TUCSON
Distribution By Air  (TUS)
1067 N. INDEPENDENCE AVE
TUCSON, AZ

Tuscon
Airgroup  (TUS)
1254 South Avienda Sirio
Tucson, AZ
85710
T 520-901-0306
F 520-300-5246
UTAH
Salt Lake City
Adcom Worldwide  (SLC)
5106 West Amelia Earhart Drive
Unit C
Salt Lake City, UT
84116
T (866) 364-3512
F (801) 364-3503
Distribution By Air  (SLC)
2905 W Parkway Blvd
Salt Lake City, UT
84119
T 801-410-4187
F 801-410-4747
Ontario
Toronto
Adcom Worldwide  (YYZ)
556 BRYNE DRIVE
UNIT 20
BARRIE, ON
L4N 9P6
T (905) 565-5755
F (905) 565-8332
Airgroup  (YYZ)
50 Fasken Drive
Unit 22
Toronto, ON
M9W 1K5
T (800) 263-1975
F (416) 640-0363
British Columbia
Vancouver BC
Airgroup  (YVR)
19088 25th Avenue
Unit 101-103
Surrey, B.C.
V3Z 3V2
T (800) 800-9536
F (604) 538-7122
KANSAS
Wichita
Airgroup  (ICT)
100 S Market St.
Suite 2G
Wichita, KS
67202
T 316-413-6111
F 316-755-9833
NEW JERSEY
Woodbridge
Radiant Global Logistics  (EWR)
10 Woodbridge Center Drive
Ste 1010
Woodbridge, NJ
07095
T 800-272-1379
F 732-874-7001
Radiant Headquarters
405 114th Ave SE
Third Floor
Bellevue, WA 98004
Toll Free: (800) 843-4784
Local: (425) 462-1094
Fax: (425) 462-0768