CSIMarket
 
Radiant Logistics Inc   (RLGT)
Other Ticker:  
 
 
Price: $5.6900 $-0.09 -1.557%
Day's High: $5.77 Week Perf: -0.52 %
Day's Low: $ 5.66 30 Day Perf: -14.31 %
Volume (M): 121 52 Wk High: $ 7.76
Volume (M$): $ 689 52 Wk Avg: $6.33
Open: $5.74 52 Wk Low: $5.20



 Market Capitalization (Millions $) 279
 Shares Outstanding (Millions) 49
 Employees 758
 Revenues (TTM) (Millions $) 965
 Net Income (TTM) (Millions $) 16
 Cash Flow (TTM) (Millions $) 12
 Capital Exp. (TTM) (Millions $) 12

Radiant Logistics Inc

Radiant Logistics, Inc., operates as a third-party logistics company, providing multi-modal transportation and logistics services primarily to customers based in the United States and Canada. We service a large and diversified account base which we support from an extensive network of over 100 operating locations across North America as well as an integrated international service partner network located in other key markets around the globe. We provide these services through a multi-brand network which includes 20 Company-owned offices. As a third-party logistics company, we have approximately 10,000 asset-based transportation companies, including motor carriers, railroads, airlines and ocean lines in our carrier network. We believe shippers value our services because we are able to objectively arrange the most efficient and cost-effective means, type and provider of transportation service without undue influence caused by the ownership of transportation assets. In addition, our minimal investment in physical assets affords us the opportunity for a higher return on invested capital and net cash flows than our asset-based competitors.

Through our operating locations across North America, we offer domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less than truckload (“LTL”) services, and intermodal services, which is the movement of freight in trailers or containers by combination of truck and rail. Our primary business operations involve arranging the shipment, on behalf of our customers, of materials, products, equipment and other goods that are generally larger than shipments handled by integrated carriers of primarily small parcels, such as FedEx, DHL and UPS. Our services include arranging and monitoring all aspects of material flow activity utilizing advanced information technology systems. We also provide other value-added logistics services, including customs brokerage, order fulfillment, inventory management and warehouse services to complement our core transportation service offering.

We expect to grow our business organically and by completing acquisitions of other companies with complementary geographical and logistics service offerings. Our organic growth strategy will continue to focus on strengthening existing and expanding new customer relationships leveraging the benefit of our truck brokerage and intermodal service offerings, while continuing our efforts on the organic build-out of our network of strategic operating partner locations. In addition, as we continue to grow and scale the business, we believe that we are creating density in our trade lanes which creates opportunities for us to more efficiently source and manage our transportation capacity. In addition to our focus on organic growth, we will continue to search for acquisition candidates that bring critical mass from a geographic and purchasing power standpoint along with providing complementary service offerings to the current platform. As we continue to grow and scale the business, we also remain focused on leveraging our back-office infrastructure and technology systems to drive productivity improvement across the organization.

The logistics industry is highly fragmented with thousands of companies of various sizes competing in the domestic and international markets. As business requirements for efficient and cost-effective logistics services have increased, so has the importance and complexity of effectively managing freight transportation. Businesses increasingly strive to minimize inventory levels, perform manufacturing and assembly operations in the lowest cost locations, and distribute their products in numerous global markets. As a result, companies are increasingly looking to third-party logistics providers to help them execute their supply chain strategies.

Shippers typically manage their supply chains using some combination of asset and non-asset based service providers. We operate principally as a non-asset based third-party logistics provider focused on freight forwarding, truck brokerage and intermodal transportation services along with associated value-added services. According to Armstrong and Associates, the market for third-party logistics services in the United States and Canada is estimated at approximately $175.5 billion.

Because non-asset based companies select from various transportation options in routing customer shipments, they are often able to serve customers less expensively and with greater flexibility than their asset based competitors, who are typically focused on maximizing the utilization of their own captive fleets of trucks, aircraft and ships rather than the specific needs of the customer.



   Company Address: Triton Tower Two Renton 98057 WA
   Company Phone Number: 462-1094   Stock Exchange / Ticker: NYSEAMER RLGT
   


Customers Net Income fell by RLGT's Customers Net Profit Margin fell to

-58.17 %

2.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHRW        2.37% 
HUBG        1.75% 
ARCB   -0.68%    
JBHT        2.14% 
KNX        1.8% 
ODFL        6.31% 
• View Complete Report
   



Radiant Logistics Inc

Radiant Logistics Inc Faces Dismal Profitability in Fiscal Interval Ending Sept. 30, 2023



Radiant Logistics Inc, a leading logistics company, recently released its financial results for the July to September 30, 2023 financial period. The numbers paint a concerning picture for the company, with significant declines in income, revenue, and net profits. This article will delve into the implications of these figures, exploring how they may impact Radiant Logistics Inc going forward.
Income and Revenue Decline
During the July to September 30, 2023 financial period, Radiant Logistics Inc experienced a sharp decline in income per share. With a drop of -70.59% to $0.05 per share compared to $0.17 per share the previous year, investors may be left questioning the underlying reasons for this decrease. Sequentially, income decreased by -23.89% from the preceding quarter, further indicating a downward trend.

Radiant Logistics Inc

Radiant Logistics Inc. Faces Sharp Decline in Fourth Quarter 2023 Earnings Season

Radiant Logistics Inc, a leading marine transportation company, recently released its financial results for the fourth quarter of 2023 earnings season. These results were not as favorable as investors had hoped, as there was a significant decline in earnings and profits compared to the previous year.
Earnings per share for the fourth quarter of 2023 fell by a staggering -79.72% to $0.07 per share, compared to $0.32 per share the previous year. Meanwhile, profits also took a hit, decreasing by -17.88% from $0.08 per share in the preceding financial reporting period.

Radiant Logistics Inc

Radiant Logistics Inc Reports Sharp Decline in Revenue for Fiscal Period Ending March 31, 2023

Radiant Logistics Inc, a transportation and logistics company, recently released its financial results for the period ended March 31, 2023. The results revealed a significant decline in the company's earnings, income, and revenue compared to the corresponding reporting period a year earlier.
Radiant Logistics Inc's earnings per share for the financial period ending March 31, 2023, decreased by 71.43% to $0.08 per share from $0.28 per share in the previous year. The income also fell by 20% from $0.10 to $0.08 per share from the preceding reporting period. The revenue dropped by 47.023% to $244.17 million from $460.90 million a year earlier, and the sequential Revenue decreased by 12.206% from $278.12 million. The company's bottom-line of $4.544 million in the financial period ending March 31, 2023, declined by 69.9% from $15.095 million the previous year.






 

Radiant Logistics Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com