Radiant Logistics announced it has acquired strategic operating partner Daleray Corp.
Fort Lauderdale, Florida-based Daleray is a domestic and international freight forwarder, primarily focused on serving cruise lines. It has been operating under Radiant’s Distribution By Air banner since 2014.
Financial terms of the transaction were not disclosed, but Radiant (NYSE: RLGT) said part of the purchase price will be based on Daleray’s future performance.
Daleray founder Dale Kloss will remain with the...
https://www.freightwaves.com/news/radiant-logistics-acquires-florida-operating-partner-daleray