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RADIANT LOGISTICS ACQUIRES OPERATIONS OF DVA ASSOCIATES, INC.
DaVitaDaVita(US:DVA) Prnewswireยท2024-06-06 13:00

Core Insights - Radiant Logistics has acquired DVA Associates, enhancing its presence in Portland, Oregon, and expanding its logistics capabilities across North America [3][4] - The acquisition is structured to include a performance-based payment component, reflecting Radiant's strategy of aligning interests with acquired companies [3] - Radiant aims to leverage its existing operations in over 20 North American markets to attract more logistics entrepreneurs and create synergies [3][6] Company Overview - Radiant Logistics, Inc. is a publicly traded third-party logistics provider, offering technology-enabled global transportation and value-added logistics solutions primarily in the U.S. and Canada [6] - The company provides a comprehensive range of services, including domestic and international freight forwarding, truck and rail brokerage, and various value-added logistics services [6] Leadership and Strategic Vision - Danielle Van Auken will continue to lead DVA post-acquisition, focusing on customer service and leveraging Radiant's network for growth opportunities [5] - The acquisition is seen as a strategic move to build density in key markets and enhance operational efficiencies [3][4]