Radiant Logistics, a big shipping company, just bought another one called Transcon Shipping! Transcon helps move things across the ocean and by air. This is big news for shipping and helps Radiant grow even bigger.
- Radiant bought Transcon, a company that ships goods by sea and air.
- Transcon made $75 million last year!
- Radiant will use Transcon's connections to reach more customers.
- This is Radiant's 8th purchase in less than a year and a half.
| Company | Revenue (last year) | Earnings |
|---|---|---|
| Transcon | $75 million | $4 million |
| Radiant | >$80 million (before recession) | $35.8 million (adjusted) |
