RADIANT LOGISTICS ACQUIRES TCB TRANSPORTATION

Company Overview - Radiant Logistics, Inc. is a technology-enabled global transportation and value-added logistics solutions provider, publicly traded on NYSE American under the ticker RLGT [5] - The company operates through its subsidiary Radiant Road and Rail, Inc., which focuses on U.S. intermodal and over-the-road brokerage services [4] Acquisition Details - Radiant Logistics has acquired the assets and operations of TCB Transportation Associates, a St. Louis-based intermodal marketing company specializing in the movement of 40 and 53-foot containers across North America [1] - The acquisition was structured with a portion of the purchase price contingent on the future performance of TCB's operations [1] TCB Transportation Profile - TCB, founded in 1999, offers door-to-door service by leveraging relationships with steamship lines, Class I railroads, and an extensive drayage network [2] - The company is recognized as one of the top providers for 40-foot container services, serving various end-markets including forestry products, food & beverage, metals & mining, and chemicals [2] Leadership and Integration - Post-acquisition, TCB will continue under the leadership of its founder, Jerry Kausch, Jr., with plans to transition to the Radiant brand in 2025 [2] - Jerry Kausch, Jr. will report to Christopher Brach, SVP and General Manager of Radiant Road & Rail, Inc. [2] Strategic Vision - The partnership aims to enhance TCB's service offerings by integrating Radiant's robust technology platform and expanding access to over-the-road brokerage and international forwarding services [3] - Radiant's CEO, Bohn Crain, emphasized the strategic importance of this acquisition in accelerating the growth of their bi-modal brokerage platform [3]