This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Radiant Logistics' Founder And CEO, Bohn Crain, Named Ernst & Young Entrepreneur Of The Year's 2011 Pacific Northwest Award Finalist

BELLEVUE, Wash., May 11, 2011 /PRNewswire/ -- Radiant Logistics, Inc. (OTC QB: RLGT), a domestic and international logistics services company, today announced its Founder and CEO Bohn Crain is an Ernst & Young Entrepreneur Of The Year ® 2011 Pacific Northwest Award finalist. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Crain was selected as a finalist from nearly 90 nominations by a panel of independent judges.  Award winners will be announced at a special gala event on June 10, 2011 at the Sheraton Seattle Hotel.  

Radiant launched its operations in January 2006 through its acquisition of Bellevue, Wash.-based Airgroup Corporation and has grown its business through a combination of organic growth and the complementary acquisitions of Adcom Worldwide in September 2008 and Distribution By Air in April 2011. For its fiscal year ending June 30, 2012, Radiant is projected to generate run-rate EBITDA (earnings before interest, taxes, depreciation and amortization) of $10M on approximately $285M in revenues. The company has seen its stock appreciate more than 700 percent over the past 12 months and currently enjoys a market capitalization of approximately $70M.

"It is certainly a great honor to be named an award finalist," said Crain. "We have organized our business  to deliver value for all our constituencies; of course our customers and shareholders but also our key carriers, our employees and perhaps most importantly, our strategic operating partners. It is really our strategic operating partners from across the country that are the ultimate logistics entrepreneurs, independently owned and operated businesses that have joined with us as partners to deliver world class services for our customers across the Radiant platform. Through this unique partnership we talk a lot about 'Pride of Ownership'  and the fact that through our status as a public company, our strategic operating partners can become shareholders and share in the value they help create.  It is this deep sense of partnership at the heart of our business model that makes our participation in the Ernst and Young Entrepreneur Of The Year program particularly rewarding. I congratulate each of our strategic operating partners for their contribution to our collective success."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs