# Radiant Logistics reports stronger earnings amid freight market recovery - **Source:** https://pelavox.com/radiant-logistics-reports-stronger-earnings-amid-freight-market-recovery/ - **Publisher:** pelavox. (The voice of shipping) - **Author:** Helena Pierce - **Published:** 2026-11-12T05:00:00+00:00 - **Updated:** 2026-11-12T05:00:00+00:00 - **Section:** Business / Company Results - **Type:** News - **Topics:** Air Freight, Freight Forwarding, Freight Markets, Intermodal Transportation, Logistics Acquisitions, Logistics Earnings, Navegate, North America, Ocean Freight, Radiant Logistics, Radiant Road & Rail, Whitacre Logistics Radiant Logistics reported higher revenue and profitability for the first quarter of its 2027 financial year, supported by stronger US freight operations, international air cargo activity and increased demand for intermodal transportation services. The US-based logistics company generated revenue of $279.8 million for the three months ended 30 September 2026, representing a 23.4% increase from $226.7 million in the corresponding period a year earlier. Operating income rose to $8.3 million from $2.1 million, while net income attributable to shareholders increased to $6.1 million from $1.3 million. Adjusted EBITDA, a non-GAAP financial measure, increased by 79.4% to $12.2 million, compared with $6.8 million in the previous year. Adjusted EBITDA as a percentage of adjusted gross profit improved to 17.7% from 11.4%, reflecting stronger operating leverage and lower administrative costs relative to adjusted gross profit. However, the company’s GAAP gross profit margin declined to 23.7% from 25.2%, indicating that the increase in overall earnings was not accompanied by an improvement in every measure of profitability. ## Air freight and intermodal operations support growth Radiant Logistics attributed its stronger performance primarily to its US operations, where adjusted EBITDA more than doubled during the quarter. The company highlighted international air freight, intermodal transportation and over-the-road brokerage as areas of particular strength. According to Founder and Chief Executive Officer Bohn Crain, air freight activity benefited partly from transportation requirements associated with disaster relief following typhoon activity in the Western Pacific. Broader international air cargo demand also remained supportive, although elevated aviation fuel costs and capacity constraints in the Middle East continued to influence freight pricing. In North America, the company reported signs of tightening transportation capacity, reflecting carrier exits, reduced driver availability and changes in truckload fleet supply. Contract rates increased year on year, while shifting demand towards intermodal transportation created additional opportunities for its domestic brokerage operations. The company also pointed to continued disruption in international shipping markets, including restrictions affecting commercial traffic through the Strait of Hormuz and security concerns along Red Sea and Suez Canal routes. Radiant said these developments contributed to elevated ocean freight rates and increased costs across international transportation networks, while changes in US tariff policies continued to support demand for customs brokerage and compliance services. ## Acquisition and financial position Alongside its quarterly results, Radiant Logistics confirmed the acquisition of the Dallas operations of Whitacre Logistics Services, effective 1 October 2026. The transaction was completed through its Radiant Road & Rail subsidiary and expands the company’s intermodal and road freight brokerage activities. The acquired business serves customers across several industrial sectors, including building materials, manufacturing and packaging. Radiant said part of the purchase consideration will depend on the future performance of the acquired operations, although the total transaction value was not disclosed. The acquisition follows the launch of an independent agent programme within Radiant Road & Rail in August, extending the company’s existing freight forwarding agency model into truck brokerage and intermodal services. Radiant also strengthened its financing arrangements during the quarter. In August, the company amended and extended its $200 million revolving credit facility, pushing its maturity to August 2031 and increasing the additional borrowing capacity available through its accordion feature from $75 million to $100 million. At the end of September, Radiant had $25 million outstanding under the facility and cash holdings of $27.8 million, resulting in a modest net cash position when comparing these two amounts. The company continues to invest in its Navegate logistics technology platform, which now has more than 150 active customers. One enterprise customer used the system to manage more than 1,500 vendors and book over 7,500 shipments during the quarter. Despite the stronger earnings, Radiant remains exposed to freight market volatility, geopolitical disruptions, fuel price movements and changes in international trade policy. Its latest results nevertheless indicate improved operating performance as the company expands its transportation network through both organic development and acquisitions. --- Cite as: "Radiant Logistics reports stronger earnings amid freight market recovery", pelavox., 12 November 2026, https://pelavox.com/radiant-logistics-reports-stronger-earnings-amid-freight-market-recovery/