Radiant Logistics acquireS USA Logistics

Radiant Logistics (RLGT) has acquired USA Logistics Services and USA Carrier Services, both Philadelphia, Pennsylvania based, privately held companies that have operated as part of the Company’s Service By Air brand since 2014. The company structured the transaction with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations. Originally founded in 1999 by Michael Boyce and Michael Boyce Jr., USA Logistics specializes in customer service for medical equipment, heavyweight time-sensitive domestic and international air freight, as well as oversized, out-of-gauge project cargo from its operation in Philadelphia. On a post-closing basis, USA Logistics is expected to transition to the Radiant brand and will combine with existing company-owned operations in the Philadelphia market, while continuing to operate a cartage operation throughout the Mid-Atlantic. Mike Boyce will assume the role of General Manager for the newly combined organization reporting to Tim O’Brien, SVP and General Manager of Radiant’ s U.S. forwarding operations.