Radiant Logistics points to some positives on quarterly call

Radiant Logistics said it expects soft market headwinds to persist into 2025 but provided a couple of positive trends for the current quarter on a call with analysts Tuesday evening.

The Renton, Washington-based 3PL reported revenue of $204 million for its fiscal first quarter ended Sept. 30. That was a 3.4% year-over-year decline. Adjusted earnings per share of 16 cents was 2 cents higher than the consensus estimate and 3 cents higher y/y.

Revenue net of purchased transportation expenses fell...

https://www.freightwaves.com/news/radiant-logistics-points-to-some-positives-on-quarterly-call

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