Boston, MA 09/29/2014 (wallstreetpr) – Radiant Logistics Inc (NYSEMKT:RLGT) will expand its services through Adcom network to new locations across Tulsa and Oklahoma City, Oklahoma.
Network expansion – a growth strategy
Radiant’s expansion plan primarily intends to take the advantage of the technology network platform and provide a comprehensive logistics and freight forwarding services across the domestic and international locations.
Radiant Logistics Inc (NYSEMKT:RLGT) CEO, Bohn Crain said that the Company will continue to improve the available tools to the existing network to attract new businesses. It also intends to expand the network while associating with suitable partners to increase the benefits of the platform.
Therefore, Radiant associated with Adcom to bring a quality partner to Radiant network that will continue to drive organic growth for the Company, as said by Mr. Crain. He also mentioned that Adcom’s Jimmy Sheets will lead the Radiant/Adcom network operation in Oklahoma.
Oklahoma offers a diversified base for the logistic services to both domestic and international customers, and Adcom is working in the same location under the leadership of Mr. Sheets.
Mr. Sheets said that Adcom will continue to strengthen the relationships with the existing customers, associates and vendors around the world including Oklahoma. Moreover, the partnering with the capabilities of Radiant will further support the strength of Adcom in providing logistic services. The association will also give a status to become a shareholder in a public company like Radiant and take the advantage to create value.
Additional opportunities
Radiant Logistics Inc (NYSEMKT:RLGT) continues to scale up the business while focusing on opportunities in competing networks. It also includes non-asset based business model to enhance the operating efficiencies and margin expansion.
Prior to the expansion over Oklahoma, Radiant acquired Washington-based Trans-NET, Inc. on September 1, 2014, to support the logistics solutions to the oil, gas, mining and infrastructure development markets of Russia.
