Updates Preliminary Guidance for FYE June 30, 2016 with Adjusted EBITDA in the Range of $30.0 - 35.0 Million on $900.0 - $960.0 Million in Revenues

BELLEVUE, WA June 9, 2015 - Radiant Logistics, Inc. (NYSE MKT: RLGT), a third-party logistics and multimodal transportation services company, today announced it has acquired Kentucky-based Highways and Skyways, Inc., a privately held company that provides a full range of domestic and international transportation and logistics services across North America.

Founded in 1987, Highways and Skyways is located near the Cincinnati, Ohio airport ("CVG") and services a wide range of accounts including but not limited to customers in the manufacturing, apparel, paper products, medical devices, consumer products and technology industries. From inception through the date of acquisition, Highways and Skyways operated as an independent agency for Service By Air, an agent-based forwarding network acquired by Radiant yesterday. On a post-closing basis, Highways and Skyways will transition to the Radiant brand and operate as the CVG gateway supporting the Company's 150+ company-owned and agency locations across North America and international partners around the world.

"We are proud to announce our partnership with Hank Gamm, David Scinta, Larry Widlowski and the entire CVG team," remarked Radiant's Founder and CEO, Bohn Crain. "We have purposefully positioned ourselves to bring value to logistics entrepreneurs like Hank, David and Larry and believe that the Highways and Skyways transaction is representative of the broader pipeline of opportunities available to us in the marketplace. We also believe the transaction is further validation of the strength of our value proposition in the marketplace, which is to bring new value to the agent based forwarding community by: (1) leveraging our status as a public company to provide our partners with an opportunity to share in the value they help create; (2) providing a robust platform in terms of people, process and technology which translates into better purchasing power with our vendors and more sophisticated technology solutions for our customers; and (3) offering a unique opportunity in terms of succession planning and liquidity for our station owners. In this regard, we are still very early in the process and believe we will have the opportunity to welcome a number of additional like-minded entrepreneurs who can benefit from the Radiant platform."

Crain continued: "With the benefit of our recent acquisitions of Service By Air and Highways and Skyways we are also updating our preliminary guidance for our fiscal year ending June 30, 2016 and are projecting adjusted EBITDA in the range of $30.0 - $35.0 on $900.0 - $960.0 million in revenues. This is before considering the benefit of an additional $1.0 - $1.5 million in cost synergies that we expect to capture as we work through the integration process during our fiscal year ended June 30, 2016. This is a particularly exciting time for us and we see even more opportunity on the horizon to deliver further revenue and earnings growth through a combination or organic and acquisition growth initiatives. At the right place, at the right time with the right value proposition, we believe we remain uniquely positioned to deliver value for our operating partners, shareholders and the end customers we serve." A reconciliation of adjusted EBITDA to net income, the most directly comparable GAAP measure, appears at the end of this release.

Hank Gamm, of Highways and Skyways commented, "We are thrilled about joining Radiant. Through years of dedicated service, our customers have always remained our top priority whether they were here in U.S. or abroad. This philosophy has been key to our success. We were looking for a long term partner with that same passion for servicing the customer and a shared vision to further advance our business and provide an opportunity for growth for our employees. We found that partner in Radiant. Radiant has a real appreciation for the needs for the local owner/entrepreneur and a clear and achievable plan for building a world-class logistics organization. We are looking forward to leveraging our own strengths along with the capabilities of the Radiant network to bring additional value to our customers while enjoying the benefits of participating in an organization that, through its status as a public company, gives our team the opportunity to work as shareholders and participate in the value that we all help create." Mr. Gamm will continue as General Manager, Mr. Scinta as Sales Manager and Mr. Widlowski as Operations Manager for Radiant's CVG location.

Investor Conference Call

Radiant will host a conference call for shareholders and the investing community on Tuesday, June 9, 2015 at 4:00 pm, ET to discuss the contents of the release. The call can be accessed by dialing (877) 407-8031, or (201) 689-8031 for international participants, and is expected to last approximately 30 minutes. Callers are requested to dial in 5 minutes before the start of the call. An audio replay will be available for one week after the teleconference by dialing (877) 660-6853, or (201) 612-7415 for international callers, and using conference ID number 13611777. The call will also be webcast and may be accessed via Radiant's web site at http://radiantdelivers.com or through www.InvestorCalendar.com.

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 under the Radiant®, Wheels™, On-Time™, Airgroup®, Adcom®, Distribution By Air™ and Service By Air™ network brands. 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.

Reconciliation of Non-GAAP Financial Measures to Preliminary Guidance

This press release contains certain non-GAAP financial measures as defined under the Securities Exchange Commission ("SEC") rules such as adjusted net income, adjusted net income per share and earnings before interest, taxes, depreciation and amortization ("EBITDA"). We believe that supplemental disclosure of these amounts are important metrics used by management to evaluate and understand the performance of the ongoing operations of Radiant's business that eliminates depreciation, amortization and certain other non-cash costs and other significant items that are not part of regular operating activities. This supplemental financial information is presented for informational purposes only and is not a substitute for the financial information presented in accordance with accounting principles generally accepted in the United States. A reconciliation of adjusted net income, adjusted net income per share and adjusted EBITDA for the Company's preliminary guidance for its pro forma fiscal year ending June 30, 2016 is as follows:

Click to View Financial Detail

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans.All statements other than statements of historical fact contained herein, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. We have based these forward-looking statements on our current expectations and projections about future events. 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. Important factors that could cause our actual results to differ from our expectations, include but are not limited to, the ability of Service By Air and Highways and Skyways following the acquisitions to maintain and grow their revenues and operating margins in a manner consistent with their most recent operating results and trends, our ability to integrate Service By Air's and Highways and Skyways' operations with our historic operations, our ability to realize cost synergies through such integration, the effect that the acquisitions will have on Service By Air's and Highways and Skyways' existing customers and employees as well as those risk factors that apply to our operations as disclosed in Item 1A of our Report on Form 10-K for the year ended June 30, 2014 and other filings with the Securities and Exchange Commission and other public documents and press releases which can be found on our web-site (www.radiantdelivers.com). Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances occurring after the date hereof.

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