Radiant Logistics beats FQ2 expectations

Originally published at: Radiant Logistics beats FQ2 expectations - FreightWaves

Radiant Logistics beat quarterly expectations on Monday after the market closed. Management from the company said on a call with analysts that customers are “growing increasingly bullish” even as international ocean volumes remain soft. It noted broad tightening in domestic truck capacity but said the impact hasn’t yet shown up in the financials. The Renton,…

If this is true then freight in US will rise again overall very soon. The reason I believe is international frieght is the backbone and foundation for US frieght and all mainland carriers to deliver to the consumers.