What happened with RLGT today?
No read yet
Uses news and trading volume to explain the day’s move and how it relates to the market.
Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.
Radiant Logistics helps businesses move goods domestically and internationally, generally handling shipments larger than small parcels. Its customers span manufacturing, retail and other industries, primarily in the United States, Canada and Mexico. Freight forwarding and brokerage provide most of its revenue; materials management, distribution and customs-related services provide a smaller share.
Customers generally pay an origin-to-destination price. Radiant selects outside trucking companies, airlines, ocean carriers or railroads, negotiates rates, arranges payment and monitors delivery rather than owning the equipment that moves the goods. Its margin depends on sourcing transportation at prices below what customers pay and adjusting customer prices when carrier costs rise.
Radiant reaches customers through company-owned locations and independent operating partners under brands including Airgroup, Adcom, DBA and Service by Air. These partners work exclusively on its behalf, handle local sales and operations, and use Radiant’s systems, billing support and carrier network. Partners contribute a substantial share of the business, though no single customer or partner dominates revenue. The business depends on retaining these relationships and securing enough outside carrier capacity to fulfill shipments.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
C.H. Robinson competes with Radiant for shippers paying to arrange North American full-truck and shared-truck shipments, international air and ocean freight, and customs clearance. Its North American Surface Transportation results offer a read on the truck brokerage market Radiant serves.
Expeditors competes with Radiant for shippers buying international freight and related logistics services: both buy space from carriers and resell it to customers for cargo beyond small parcels. Watch Expeditors’ airfreight revenue for a view of a market both serve.
Forward Air competes with Radiant for customers paying for freight forwarding, time-sensitive deliveries and added logistics services through its Omni Logistics and expedited transportation offerings. Its Omni Logistics and Expedited Freight revenue is more relevant to that overlap than its Intermodal business.
Covenant Logistics Group competes with Radiant for customers paying others to arrange and manage freight transportation without relying on their own trucks, with further overlap in warehousing. Focus on its Managed Freight business, which supplied 27.08% of its 2025 freight revenue excluding fuel surcharges, rather than its truck-owning operations.
Marten Transport’s truckload hauling and shipment-arranging businesses face the same North American freight-demand and rate cycle as Radiant’s truckload brokerage. Watch its Truckload and Brokerage results, while remembering that Marten also carries temperature-sensitive freight rather than only arranging transport for shippers.
Heartland Express reflects the U.S. shipment demand and available truck capacity behind Radiant’s domestic truckload brokerage: Heartland hauls freight for major U.S. shippers, while Radiant arranges transport with carriers. Its dry-van truckload business is the relevant comparison, rather than its small temperature-controlled and Mexico operations.
C.H. Robinson Worldwide, Inc. earningsCHRW
C.H. Robinson competes with Radiant for freight-brokerage customers, and its North American Surface Transportation results will show whether shipment activity and gross profit per shipment are improving in their shared market.
Look at C.H. Robinson's North American Surface Transportation shipment activity alongside adjusted gross profit per shipment, which shows what remains after direct transportation costs. If both hold up or improve, customer demand and brokers' spread between buying and selling transport look better supported in a market Radiant also serves. If both weaken, demand and the brokerage spread are under pressure, making it harder for Radiant to turn arranged shipments into adjusted gross profit.
Fed Interest Rate Decision
Radiant arranges freight for customers and pays third-party carriers, while interest rates can change the cost of its revolving-credit borrowing and its interest expense.
Expected4.0%Last release4.0%
If it comes in above expectations
If policy rates rise more than expected, Radiant may pay more interest on borrowing that reprices and on new borrowing, leaving less of its freight-service earnings after interest expense.
If it comes in below expectations
If policy rates fall more than expected, interest costs on borrowing that reprices and on new borrowing may ease, leaving Radiant more of its freight-service earnings after interest expense.
Heartland Express Inc earningsHTLD
Heartland Express hauls U.S. dry-van freight with its own trucks, and its results will show the shipment demand and truck pricing facing Radiant when it arranges domestic transport for customers.
Watch activity and pricing in Heartland Express's dry-van business. Improving freight activity without a sharp rise in truck prices would point to firmer U.S. demand and a better chance for Radiant to find capacity without cost pressure. Weakening activity would point to softer customer demand; if truck prices rise and Radiant cannot raise customer prices to match, carrier costs would squeeze the gross profit it retains for arranging transport.
Expeditors International of Washington, Inc. earningsEXPD
Expeditors competes with Radiant in international air freight, and its airfreight revenue will show how demand and pricing are moving in a market both companies serve.
Read Expeditors' airfreight revenue alongside shipment volume and revenue per shipment, if reported. If volume and revenue hold or rise, international airfreight demand and pricing look better supported, a favorable market signal for Radiant's international forwarding as well. If volume or revenue per shipment falls, there may be less freight to arrange or weaker pricing, making it harder for Radiant to grow the gross profit it keeps after paying carriers.
Radiant Logistics, Inc. earningsThis company
Radiant Logistics earns revenue by arranging third-party freight services, and this report will show whether the gross profit left after transport and service costs is keeping up with operating expenses.
Compare adjusted gross profit with revenue growth. Adjusted gross profit is revenue less direct transportation and other service costs; then check its share of revenue and how operating expenses change relative to it. If adjusted gross profit grows, its share holds or rises, and operating expenses do not grow faster, Radiant is retaining more from arranging and reselling freight and covering its operating costs more effectively. If revenue grows but the margin falls, or operating expenses outpace adjusted gross profit, the added revenue is not improving the business economics; direct costs or service mix may be weighing on it.
