RADIANT LOGISTICS ACQUIRES TRANSCON SHIPPING
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Radiant Logistics, Inc. (NYSE American: RLGT) has acquired Transcon Shipping Co., Inc., enhancing its international capabilities in key locations such as Los Angeles, New York, and Chicago.
March 03, 2025 | 9:45 pm
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Radiant Logistics has acquired Transcon Shipping, which will strengthen its international logistics capabilities in strategic US gateway locations.
The acquisition of Transcon Shipping by Radiant Logistics is likely to enhance RLGT's service offerings and market position in key US gateway locations, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100