Radiant Logistics, Inc. acquired Select Logistics, Inc. and Select Cartage, Inc.
February 06, 2024
Share
Radiant Logistics, Inc. (NYSEAM:RLGT) acquired Select Logistics, Inc. and Select Cartage, Inc. on February 1, 2024. As reported, a portion of the expected purchase price is payable in subsequent periods based on the future performance of the acquired operations. On a post-closing basis, Select is expected to transition to the Radiant brand and will combine with the operations of Daleray in south Florida. Gabby Santos will assume the role of General Manager for the newly combined organization which will continue to develop and deliver advanced supply chain solutions for their cruise line and other customers. Hector Cavallo will be moving on to pursue outside interests.
Radiant Logistics, Inc. (NYSEAM:RLGT) completed the acquisition of Select Logistics, Inc. and Select Cartage, Inc. on February 1, 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.
RADIANT LOGISTICS, INC. 
