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On The Desk

Earnings

Radiant Logistics sees double-digit growth in FQ4, shares up 16%

Radiant Logistics beat fiscal fourth-quarter expectations, sending shares up 16% as the market outperformed a flat S&P 500. Revenue hit $261 million for the quarter ended June 30, up 19% year over year and about $30 million ahead of consensus, helped by disaster-relief airfreight shipments tied to Western Pacific typhoons and rising demand for customs brokerage and compliance services amid trade volatility. Adjusted EPS of 15 cents beat estimates by 6 cents, and adjusted EBITDA of $10.4 million was up 31% year over year, with margin improving 240 basis points to 15.5%. The company closed the quarter with no net debt and amended its $200 million revolving credit facility in August, extending its maturity by five years and expanding the acquisition-focused accordion feature from $75 million to $100 million. CEO Bohn Crain also pointed to a new independent-agent program at Radiant Road & Rail, giving freight brokers access to Radiant’s purchasing power and back-office support — and a path for owners to eventually sell into Radiant.

Todd Maiden  |  September 15, 2026  |  Read More →

Broker Liability

C.H. Robinson and its Customer Unilever Sued Over Catastrophic Crash

A lawsuit tied to a California crash that left a child and her stepfather with catastrophic injuries now targets not just the driver and carriers, but shipper Conopco (d.b.a. Unilever), broker C.H. Robinson and warehouse operator United States Cold Storage. According to the complaint, Conopco hired C.H. Robinson to move refrigerated freight from a Bakersfield warehouse to a Target distribution center in Rialto; C.H. Robinson brokered the load to VVS Trans, but the truck that actually showed up displayed placards and a DOT number for US Jet Trans, whose motor carrier authority had allegedly been inactive for nearly a year. Plaintiffs allege VVS re-brokered or double-brokered the load, and that none of the three defendants had procedures in place to verify the arriving driver and truck matched the carrier assigned to the shipment before releasing the freight. The case, which cites Montgomery v. Caribe Transport II as having opened the door to the negligent-hiring claim against C.H. Robinson, is drawing added attention because the injured child’s family has pushed for federal legislation ("Dalilah’s Law") on commercial driver licensing, highlighted by President Trump in his February 2026 State of the Union address.

Contributed Content  |  September 15, 2026  |  Read More →

The Stack

Broker Liability

Another aspect of Montgomery: it might make human brokers more valuable

At the Logisyn Advisors M&A Club conference, Prosperio Group CEO Beth Carroll argued that Montgomery v. Caribe Transport II could actually slow the AI-driven erosion of broker headcount, not accelerate it. Her reasoning: post-Montgomery, a brokerage sued over a bad carrier pick can’t tell a jury "AI made the choice" — someone needs to be a documented, accountable human behind the decision, with controls and compliance wrapped around it. She flagged 100%-commission carrier-sales pay plans as a related liability risk, since a jury could read pure-volume incentives as working against safe carrier selection, and warned that AI-driven productivity gains will force brokerages to rework commission structures built on loads-per-day. Separately at the conference, Logisyn reported that August logistics M&A activity roughly doubled under a new, broader tracking methodology it adopted with Ti-Insight (not a clean comparison to prior months), and freight forwarder AllStates World Cargo announced from the stage it’s being acquired by Eve Partners.

John Kingston  |  September 21, 2026  |  Read More →

Cargo Theft

Mikargo247, Verified Carrier launch coverage for strategic cargo theft

MiKargo247 and Verified Carrier have partnered to extend spot cargo insurance coverage to strategic cargo theft — the growing category of freight fraud built on double brokering, carrier identity theft and fictitious pickups. Under the deal, announced Sept. 1, brokers who use Verified Carrier’s platform to confirm a carrier is legitimate can then buy MiKargo247 coverage with the strategic-theft exclusion removed for that load. Strategic cargo theft made up about 30% of reported U.S. cargo theft incidents in 2025, according to a June report from Munich Re Specialty and BSI Consulting, and the FBI warned in April that cyber-enabled schemes using compromised accounts and fictitious companies are increasing. MiKargo247, which entered the market in 2022 offering on-demand single-trip cargo coverage up to $1 million per load, has also integrated with Loadlink Technologies and Trucker Path; Verified Carrier focuses on confirming a carrier’s legitimacy before pickup. The companies frame the partnership as closing the gap between fraud prevention and the insurance that’s traditionally excluded it.

Patrick Hatzis  |  September 15, 2026  |  Read More →

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