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Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today announced the launch of a new independent agent program at Radiant Road & Rail, Inc., the Company's U.S. over-the-road and intermodal brokerage platform. The program extends the same agent-based growth strategy that has been central to Radiant's freight forwarding business, Radiant Global Logistics, to a new population of strategic operating partners operating in the truck brokerage and intermodal market, bringing the same built-in path to ownership and long-term liquidity that has long distinguished Radiant's freight forwarding agent model. The launch is anchored by the addition of two initial agency owners, Travis Tackett and Ryan Knight.

Since entering the freight forwarding business in 2006 with the acquisition of Airgroup, Radiant has built one of the industry's leading agent-based networks through a series of acquisitions, including Adcom Worldwide (2008), Distribution By Air (2011) and Service By Air (2015), along with the organic addition of dozens of independent agent locations across North America. Today, that platform gives owner-operators and independent sales professionals in the freight forwarding world access to enterprise-grade technology, purchasing power, back-office support and a path to build long-term equity value in their business. This includes, when the time comes, a built-in exit strategy whereby Radiant will buy in the agent.

The new Radiant Road & Rail agent program is designed to bring that same value proposition to entrepreneurs in the agent-based truck brokerage ecosystem. Agents gain access to Radiant's carrier base, technology platform, back-office infrastructure and bi-modal service offering spanning truckload, less-than-truckload, temperature-controlled, intermodal, drayage and transloading services.

The platform also gives agents a meaningful edge with their customers. Rather than being limited to truck brokerage alone, they can now offer intermodal services along with international air and ocean freight forwarding, customs brokerage and other value-added services through the broader Radiant network.

Just as importantly, it gives agency owners a clear, structured path to monetize the value of the business they build. That built-in succession and liquidity opportunity is one of the most distinctive features of the Radiant model.

"Our goal at Radiant has always been to be the preferred platform for logistics entrepreneurs," said Bohn Crain, Founder, Chairman and CEO of Radiant Logistics. "For twenty years, we've proven that mission through the growth of our freight forwarding agent network, where we provide our strategic operating partners with the resources to grow their business, as well as a built-in exit strategy when they are ready for one. We have long believed that same model can work equally well in the truck brokerage and intermodal space. With the launch of Radiant Road & Rail's agent program, we will be giving talented, customer-focused operators the platform, technology and support to build their own business under the Radiant umbrella, with a clear path to monetizing what they've built, and we are excited to bring that opportunity to a new community of entrepreneurs."

"Radiant Road & Rail has spent the past several years building the technology, carrier relationships and operational depth needed to compete at the highest levels of the brokerage business," said Chris Brach, SVP and General Manager of Radiant Road & Rail. "Over that time, we've built out our over-the-road brokerage offering using Revenova as our transportation management system and are pleased to now have the opportunity to open up the full capabilities of the Road & Rail platform to independent agents who want the autonomy of running their own business without having to build the infrastructure behind it themselves."

"Whether someone is an established agent looking for a stronger platform, or an experienced sales or operations professional ready to build something of their own, we are here to support them every step of the way. Just as importantly, we can offer a proven path to an eventual exit, backed by the resources of a publicly traded company with a two-decade history of supporting logistics entrepreneurs," said Brach.

With 14 years of experience in the transportation and brokerage industry, Travis Tackett will be servicing customers across the United States moving produce. "We view this as a unique opportunity to leverage the capabilities of the Radiant network to help drive value for our customers and ultimately help us take our business to the next level," said Tackett.

Ryan Knight, with over 13 years of industry experience, will also be servicing customers across the United States and specializes in moving oversized and heavy, hard-to-handle freight. "We are very excited to be joining the Radiant network," said Knight. "The Radiant team has a real appreciation for the needs of local owner-entrepreneurs and a clear and achievable plan for building a world-class logistics organization. The combination of people, process, technology and network is unique in the marketplace and represents a compelling opportunity for our organization."

Radiant Road & Rail's agent program is built around the following core offerings:

• Access to Radiant Road & Rail's carrier network and pricing power across truckload, LTL, intermodal, drayage and temperature-controlled freight
• A technology-enabled operating platform supporting quoting, tracking, carrier management and customer-facing tools
• Centralized back-office support, including billing, collections, claims and compliance
• A clear path to building long-term, transferable equity value in an independent agency business, supported by Radiant's built-in exit strategy to monetize what they've built and achieve liquidity on their own timeline
• The ability to cross-sell international air and ocean freight forwarding, customs brokerage and other value-added services through Radiant's broader network

Radiant is actively recruiting experienced logistics entrepreneurs, including current agents seeking a stronger platform, regional brokerages, and sales-driven operators, to join the Radiant Road & Rail network.

For more information, visit rrs.radiantdelivers.com or contact Chris Brach at 630.427.3075 or [email protected].