Radiant Logistics beats FQ3 expectations
Third-party logistics provider Radiant Logistics noted strength in its domestic truckload and intermodal offerings on Monday. However, it said the global trade landscape is “considerably more challenging” due to ongoing tariff uncertainty and shipment rerouting away from the Strait of Hormuz. It said the international headwinds are creating some opportunities for freight forwarders. “Near-term volumes on affected lanes have softened, but the complexity of navigating new trade routes, customs regimes, and compliance requirements increases the premium on experienced, technology-enabled partners who can guide customers through the transition,” said Bohn Crain, Radiant founder and CEO, on a Monday call with analysts.