Radiant Logistics Acquires Foundation Logistics & Services; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Radiant Logistics has acquired Foundation Logistics & Services to enhance its capabilities in the oil and gas industry. The financial terms of the acquisition were not disclosed.
September 04, 2024 | 8:29 pm
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Radiant Logistics has acquired Foundation Logistics & Services, aiming to strengthen its position in the oil and gas sector. This strategic move could enhance RLGT's service offerings and market reach.
The acquisition of Foundation Logistics & Services by Radiant Logistics is a strategic move to bolster its capabilities in the oil and gas industry. This could lead to increased business opportunities and revenue growth, positively impacting RLGT's stock price in the short term.
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