Radiant Logistics, Inc. acquired Operations from Viking Worldwide, Inc.
April 02, 2024
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Radiant Logistics, Inc. (NYSEAM:RLGT) acquired Operations from Viking Worldwide, Inc. on April 3, 2024. The expected purchase price payable in subsequent periods based on the future performance of the acquired operations.
Radiant Logistics, Inc. (NYSEAM:RLGT) completed the acquisition of Operations from Viking Worldwide, Inc. on April 3, 2024.
Radiant Logistics, Inc. operates as a third-party logistics company, providing technology-enabled global transportation and value-added logistics services in the United States and Canada. It provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base, including manufacturers, distributors and retailers that have agent-owned offices throughout North America and other markets around the world. Its value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management, and technology services. It serves various industries, such as consumer goods, food and beverage, electronics and high-tech, aviation and automotive, military and government, and manufacturing and retail customers. As a third-party logistics provider, its primary business operations involve arranging the shipment, on behalf of its customers, of materials, products, equipment and other goods.