Radiant Logistics, Inc. (RLGT), Wednesday announced the acquisition of Texas-based Foundation Logistics & Services, LLC for an undisclosed amount.
The company added that a portion of the purchase price would be paid in subsequent periods based on the future performance of the acquired operations.
Following the transaction, Foundation Logistics will operate under the third party logistics company in 2025.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.