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CEVA Logistics Combines Need for Innovation and Resilience with Manhattan Active Warehouse Management and Order Management
Businesswire· 2025-10-08 08:00
ANTWERP, Belgium--(BUSINESS WIRE)--Manhattan Associates Inc. (NASDAQ: MANH), a global leader in supply chain commerce solutions, today announced that CEVA Logistics, a global leader in Third-Party logistics, has chosen to deploy Manhattan Active® Warehouse Management and Manhattan Active® Order Management. CEVA Logistics will use these powerful cloud-native tools as part of a global strategy aimed at establishing a future-ready, tech stack capable of better addressing the shifting and varied ne. ...
ITS Logistics leverages flexible transportation model for retail hubs
Yahoo Finance· 2025-09-22 10:25
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: ITS Logistics' newly launched Retail Logistics Hubs will tap into the 3PL’s broad network of transportation and carrier partners to serve its retail customers, Kasia Wenker, VP of solutions engineering, told Trucking Dive. The goal is to help retailers combat tariff volatility and meet consumer expectations for speedy delivery. When freight moves i ...
RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FOURTH FISCAL QUARTER AND YEAR ENDED JUNE 30, 2025
Prnewswire· 2025-09-15 20:05
Core Insights - Radiant Logistics, Inc. reported strong financial results for the fiscal year ended June 30, 2025, with revenues increasing by 12.5% to $902.7 million compared to $802.5 million in the previous year [8][15] - The company has made significant acquisitions, including USA Logistics Services, USA Carrier Services, Universal Logistics, and an 80% stake in Weport, enhancing its operational capabilities and market presence [3][4][11] - Adjusted net income rose by 36.7% to $30.9 million, reflecting the positive impact of acquisitions and operational efficiencies [8][17] Financial Performance - Revenues for the fiscal year ended June 30, 2025, reached $902.7 million, an increase of $100.2 million or 12.5% from the prior year [8] - Gross profit increased to $226.1 million, up $2.6 million or 1.2% compared to the previous year [8] - Adjusted EBITDA for the fiscal year was $38.8 million, a rise of $7.6 million or 24.4% from $31.2 million in the prior year [8][18] Acquisitions and Growth Strategy - The company completed three green-field acquisitions and three strategic operating partner conversions in fiscal 2025, positioning itself for future growth [11] - The acquisition of Weport is expected to enhance Radiant's footprint in Mexico and support its legacy customers [11] - The company structured its acquisitions to include performance-based payments, aligning incentives for successful integration [5] Stock Buy-Back and Shareholder Value - Radiant Logistics repurchased 145,717 shares at an average cost of $5.48 per share, totaling $0.8 million during the fiscal year [6] - As of June 30, 2025, the company had 47,143,178 shares outstanding, reflecting a commitment to enhancing shareholder value [6] Market Position and Future Outlook - The CEO expressed confidence in the company's durable business model and diverse service offerings, which are expected to navigate through market volatility [10] - The company maintains a strong balance sheet with approximately $22.9 million in cash and only $20 million drawn on its $200 million credit facility [10] - Radiant Logistics anticipates a surge in global trade as tariff disputes are resolved, positioning itself to capitalize on future market opportunities [10]
RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2025
Prnewswire· 2025-05-06 13:10
Core Viewpoint - Radiant Logistics, Inc. will host a conference call to discuss its financial results for the three and nine months ended March 31, 2025, scheduled for May 12, 2025, at 4:30 PM Eastern [1][2]. Group 1: Conference Call Details - The conference call is open to all interested parties, including individual investors and press, and will be hosted by Bohn Crain, Founder and CEO [2]. - Dial-in details for the conference call include US number (877) 545-0320 and international number (973) 528-0002, with a participant access code of 833610 [3]. - A replay of the call will be available from May 13, 2025, at 9:30 AM Eastern to May 26, 2025, at 4:30 PM Eastern, with US replay number (877) 481-4010 and international number (919) 882-2331, using replay ID number 52436 [3]. Group 2: Webcast Information - The conference call will also be available via webcast on Radiant's website at www.radiantdelivers.com or through a specific webcast link [4]. Group 3: Company Overview - Radiant Logistics operates as a third-party logistics company, providing technology-enabled global transportation and value-added logistics services primarily in the United States and Canada [5]. - The company offers a comprehensive range of services, including domestic and international freight forwarding, truck and rail brokerage services, and value-added logistics services such as warehouse and distribution, customs brokerage, order fulfillment, and inventory management [5].